Lot 650
1838 Liberty Seated Quarter Dollar. No drapery. PCGS graded MS-64. Desirable first-year-of-issue for the lengthy Seated Liberty series. Scarce, "No Drapery" type, not the result of excessive die polishing but because of a deliberate omission of the drapery beneath the elbow of Liberty's arm that holds the staff (drapery was added later to balance the artistic effect of the design). Wholesome, original toning consists of dusky grays changing to steel-blue iridescence at the rims, with some golden highlights noted on the reverse. Sharply struck in the centers, but weak on some of the stars and denticles. Overall, this is a remarkable coin for the date and certainly for the grade. Housed in an old, green-label PCGS holder, generally perceived as coming from a time of more conservative grading standards. PCGS reports 21 in this grade, 2 in MS-65, 2 in MS-66, 1 in MS-68, so a resubmission may turn out to be a worthwhile effort (PCGS # 5391) .
Estimated Value $5,000 - 6,000.
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| Realized $12,075 |
