Significant 1872-S Quarter Rarity
1872-S Liberty Seated Quarter. Briggs 1-A, the only known dies. MS-64 (PCGS).
Strong, flowing luster overtop an off-white and steel-gray brilliance. The surfaces are smooth and complimented by a lack of any distracting contact marks. The incredibly crisp strike reveals all sharpness in the design with the exception of a few incomplete centrils within the obverse stars. Truly an incredible example of a rare, key date issue. Although not widely recognized as such outside of the circle of Liberty Seated coinage specialists, the 1872-S is the rarest San Francisco Mint issue among quarters of this type. This is due to the intersection of three factors that conspired to preclude a large number of examples surviving to the present day. First and foremost, few examples of the 1872-S were produced to begin with, the mintage a scant 83,000 pieces. Second, many of those coins probably never left the Mint, but instead were melted to provide bullion for the new revised silver coinage authorized by the Act of February 12, 1873. Finally, the vast majority of coins that did escape destruction in the Mint circulated until worn out or lost. As such, even low grade survivors are scarce in today's market. Mint State examples merit a Rarity-7 rating per Liberty Seated quarter specialist Larry Briggs (1991), and the delightful near-Gem that we are offering in this lot is certainly among the finest known.
PCGS# 5483. NGC ID: 23UT.
PCGS Population: 4; 2 finer (both MS-66).
Price realized | 23'000 USD |
Starting price | 1 USD |
Estimate | 37'000 USD |