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Description

Superb Mint State 1889 Quarter Dollar

1889 25C MS68 PCGS. This is the first time we have ever offered a PCGS certified MS68 example of this date. Of course, this is the only one certified. In fact, very few Seated Liberty quarter dollars of any date have been graded MS68 by PCGS. The total population can be summarized by simply stating that PCGS has graded one example of each of the following dates: 1838, 1857, 1864, 1877, 1879, 1881, and 1889. 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, and otherwise this is a fully brilliant coin.
Just 12,000 were struck for circulation, although most probably did not actually circulated. In his Complete Encyclopedia, Walter Breen stated that this issue was extensively hoarded, and he then referenced his own Proof Encyclopedia, suggesting that the extensive hoarding activities were among proofs and not business strikes. 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 the least in demand at the time, so these were the denominations that suffered (to our benefit today).(#5522) (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


View Certification Details from PCGS

Auction Info

Auction Dates
November, 2004
4th-6th Thursday-Saturday
Bids + Registered Phone Bidders: 9
Lot Tracking Activity: N/A
Page Views: 561

Buyer's Premium per Lot:
15% of the successful bid per lot.

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