1862-S 25C Seated Liberty Quarter Dollar PCGS MS63+ CAC – SOLD

Description

1862-S 25C Seated Liberty Quarter Dollar PCGS MS63+ CAC. This is a serious coin for a serious collector. It is presently well-within the Condition Census of finest known examples, presently trumped by the Eugene Gardner PCGS MS64 CAC that sold for $44,062 in 2014. We note satiny brilliant surfaces with about 3% toning interlaced within the devices around the periphery. The obverse shows very light horizontal adjustment marks but minimal contact marks. The Garner specimen had more contact marks but didn’t appear to have any adjustment. This specimen is most likely a later die state, as we see die cracks throughout the base of the word ‘STATES’ on the reverse.

This is the Briggs 1-A with the 1 in the date slightly left of the shield point. The original mintage was 67,000 pieces, of which PCGS has certified a mere 131 in all grades; NGC – 48. In uncirculated grades, that number drops significantly, as there are only 22 PCGS slabs available. This MS63+ looks to be the fourth highest graded, but we are having a very difficult time figuring out those MS64s that represent ranks 2 and 3. Other MS63s show intermittent toning, and have blotches, black reverse residue (appearing at auction twice within the past few years) and one of the CAC MS63 coins even has a residual fingerprint on the lower obverse. This coin is new to the market, and it is the ONLY 63″+” graded by either service!