LOT #588 |
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1889 25C MS68 PCGS....
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Sold on Sep 10, 2009 for:
$12,650.00
Bid Source: Internet bidder
Description
Singular 1889 Quarter, MS68
Ex: Larry Shapiro
1889 25C MS68 PCGS. Ex: Larry Shapiro. A low mintage issue,
only 12,000 examples of the 1889 Seated Liberty quarter were struck
for circulation, although most probably did not actually circulate.
In his Complete Encyclopedia, Walter Breen stated that this
issue was extensively hoarded. From 1879 through 1890, quarter
dollars and half dollars were produced in extremely limited
quantities due to the Bland-Allison Act. It was this Congressional
Act that mandated extensive production of silver dollars (the now
popular Morgan dollar) and had all of the mints essentially doing
nothing else. Dimes were not so much affected simply because they
were still needed as small change. Quarters and half dollars
enjoyed the least demand at the time, so these were the
denominations that suffered (to our benefit today).This sensational Superb Gem specimen is certain to please the connoisseur, whether he or she be a date collector, a type collector, or someone who simply loves beautiful coins. The surfaces on each side are satiny and ever-so-slightly reflective with highly lustrous devices. Just a trace of gold toning is present at or near the borders on each side, otherwise this is a fully brilliant coin. NGC has certified only three coins at the MS68 level, with none finer, while PCGS has graded only this piece in MS68, with none finer (7/09).(Registry values: P1)
Coin Index Numbers: (NGC ID# 23VM, PCGS# 5522, GSID# 5162)
Metal: 90% Silver, 10% Copper
Weight: 6.25 grams
ASW: 0.18085oz
Mintage: 12,000
Auction Info
2009 September Long Beach, CA Signature US Coin Auction #1129 (go to Auction Home page)
Auction Dates
September, 2009
10th-13th
Thursday-Sunday
Bids + Registered Phone Bidders: 9
Lot Tracking Activity: N/A
Page Views: 689
Buyer's Premium per Lot:
15% of the successful bid per lot.
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