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    Originally Toned Gem Uncirculated 1853 Arrows and Rays Quarter

    1853 25C Arrows and Rays MS65 PCGS. As with many Uncirculated Arrows and Rays Quarters, this piece has deeply toned surfaces with a combination of crimson-magenta, gray-golden, and lime-green colorations overall. Soft, frosted mint luster rolls around each side as the coin is slowly rotated beneath a light. Well struck, the surfaces are exceptionally clean with the only disturbances being a few small marks hidden by the color in the obverse field.
    Even though silver and gold coins were not effectively circulating within the United States because the coins' intrinsic value was worth more than its face value, it was, nevertheless, a contentious issue and the subject of much debate in Congress when a weight reduction was proposed to facilitate circulation of silver coinage. The weight of the Quarter was only reduced from 6.68 grams to 6.22 grams, but it was thought that the general public needed to be alerted to this weight change. As a result, the Quarters and Halves struck in 1853 on reduced-weight planchets had arrowheads placed on each side of the date on the obverse, and a glory of rays around the eagle on the reverse. An enormous number of coins were produced: more than 15 million pieces from 119 obverse and 120 reverse dies. As a result, lower grade examples are relatively easy to locate. However, solid Gems such as this piece are now quite scarce. Population: 20 in 65, 6 finer (3/04).
    From the JFS Collection.(#5426) (Registry values: P5)

    Coin Index Numbers: (NGC ID# 23U4, PCGS# 5426)

    Weight: 6.22 grams

    Metal: 90% Silver, 10% Copper

    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View all of [The JFS Collection, Part Two ]

    Auction Info

    Auction Dates
    August, 2004
    18th-21st Wednesday-Saturday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
    Page Views: 450

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