Lot 1361
1875-CC Liberty Seated Quarter Dollar. PCGS graded MS-65 PQ. Encapsulated in PCGS holder 10749613. Briggs 1-A. Full, satiny mint luster is bathed in dominant smoky-gray patina. There are also highlights of orange-tan and cobalt-blue colors around the peripheries that are a bit more extensive on the obverse. Many '75-CC quarters are softly struck over Liberty's head and the star centrils, but this Gem is sharply delineated throughout. A conditionally rare survivor of a scarce, underrated CC-mint issue. The Coin Universe value is $32,500! Candidate for "Finest Known". Pop 2; none finer.
The 1875-CC is rarer than the 1876-CC, 1877-CC and 1878-CC, and it is the most underrated Carson City Mint issue in the Seated quarter series. A mere 140,000 pieces were produced, and circulation on the frontier undoubtedly claimed many of these coins. What few Mint State coins have survived typically display nice satiny or frosty luster, and they warrant a Rarity-5+ rating from Larry Briggs in the 1991 book The Comprehensive Encyclopedia of United States Liberty Seated quarters.
Given its status as a mainstay of circulating coinage today, some readers might be surprised to learn that the quarter had a very rocky start in the early years of the U.S. Mint. Depositors of bullion preferred to receive half dollars or silver dollars, as evidenced by the relatively limited mintages and numerous interruptions in coinage reported for the quarter from its inception in 1796 through the late 1830s. Beginning with the introduction of the Seated series in 1838, however, the fortunes of the quarter improved markedly, and examples have been produced fairly steadily ever since. Still, the first mintages to break the 1 million-coin barrier did not come until 1853, and even then many issues were produced in far fewer numbers through the end of the Seated series in 1891 (PCGS # 5499) .
Estimated Value $15,000 - 18,000.
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| Realized $42,550 |
