LOT #3040 |
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1891-O 25C MS64 NGC. CAC. Briggs 1-A....
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Sold on Oct 11, 2018 for:
$18,000.00
Bid Source: HA.com/Live bidder
Description
1891-O Seated Quarter, MS64
Conditionally Rare New Orleans Issue
1891-O 25C MS64 NGC. CAC. Briggs 1-A. Following the Civil
War, the New Orleans Mint did not resume coinage operations under
federal control until 1879. It was reopened partly in response to
the legislative demands of the Bland-Allison Act of 1878, which
called for the coinage of new standard silver dollars in staggering
quantities. However, silver dollar coinage in '79 also brought
about a near-halt in coinage of quarter dollars for the better part
of the 1880s. Only token quantities of the smaller denomination
were struck from 1879 to 1888, and all at the Philadelphia Mint. It
was not until 1891 that the New Orleans Mint finally resumed
quarter dollar coinage, striking 68,000 pieces. The following year,
Charles Barber's Liberty Head design debuted, meaning that the
1891-O is the only O-mint Seated Liberty quarter dollar to bear the
motto IN GOD WE TRUST.This issue is a rarity in Mint State, and only a handful of pieces are known finer than the present. This piece displays radiant satin luster and sharp stars. Tinges of deep russet, violet, and golden toning burn the borders along the lower obverse and much of the reverse, but the interiors of both sides are brilliant. Clash marks are visible in the fields, but there are no bothersome abrasions. Census: 3 in 64, 4 finer. CAC: 2 in 64, 1 finer (8/18).(Registry values: P6)
Coin Index Numbers: (NGC ID# 23VS, PCGS# 5525, GSID# 5221)
Metal: 90% Silver, 10% Copper
Weight: 6.25 grams
ASW: 0.18085oz
Mintage: 68,000
Auction Info
2018 October 11 - 14 US Coins Signature Auction - Chicago #1280 (go to Auction Home page)
Auction Dates
October, 2018
11th-14th
Thursday-Sunday
Bids + Registered Phone Bidders: 19
Lot Tracking Activity: N/A
Page Views: 674
Buyer's Premium per Lot:
20% of the successful bid per lot.
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