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Dallas Signature US Coin Sale 1253  4-6 Apr 2017
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Lot 15711

Starting price: 1 USD
Price realized: 14 000 USD
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Seated Quarters
1853-O 25C Arrows and Rays MS65 NGC. Briggs 1-B. Briggs' 2008 series update in the Coin Dealer Newsletter called this issue "fairly easy to locate in all grades AG-XF; AU coins very scarce and Mint State coins downright rare." The large mintage figure of more than 1.3 million pieces is deceptive. These lighter-silver-weight coins were meant to restore silver coinage to circulation -- and circulate they did. The average certified survivor grades shy of XF40. This Gem example shows considerable luster emanating from surfaces that show little post-strike contact amid largely silver-gold patina, with daubs of jade, ochre, and mauve more visible on the reverse. Excellent eye appeal.
Briggs 1-B shows notable die clashing on both sides. Like many examples, the present Gem displays a "halo" effect around many of the devices, an attempt, per Larry Briggs, to reengrave the dies to prolong their life. The obverse die nonetheless appears in an advanced state. Aside from the prominent halo effect on the right-side stars, an extremely bold die clash runs from Liberty's lower curls through the pole and upraised forearm. A couple of wispy die cracks appear elsewhere on that side. The reverse shows the legend heavily recut, with the rays extending through the mintmark. Census: 2 in 65, 2 finer (2/17).
Ex: FUN Signature (Heritage, 1/2010), lot 2512; Eugene H. Gardner Collection, Part IV (Heritage, 10/2015), lot 98426 (as PCGS MS64); ANA Signature (Heritage, 3/2016), lot 4835.

HID02901242017
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