Lot 1269
1854-O Seated Liberty Quarter. Arrows, huge O. PCGS graded AU-55 CAC PQ. In special PCGS Ship of Gold holder which contains One Pinch of Gold Dust recovered from the S.S. Central America treasure.
PCGS number 5434.55/37933536. A very rare Red Book variety. Well struck, frosty and surely looks Mint State. The oblong and irregular "O" mintmark is the result of hand engraving likely by the New Orleans Mint engraver who noticed this reverse die that arrived from the Philadelphia Mint in early 1854 lacked their hallmark "O". He took out an engraving tool and did his best in the hardened steel die. This is the result. Bright white with a dash of gold around the rims, and a stellar example of this popular issue which is rarely seen at all, and virtually unobtainable at this lofty grade level. This coin is mistakenly assigned with a regular PCGS number of 5434 for the variety, instead of the special number of 771778 for the S.S. Central America Series. Pop 2; only 2 examples graded higher in 58 for regular issues at PCGS. Reviewing this coin we feel it should be graded AU-58+. It is frosty with claims to mint state grade level. We deem this example as THE FINEST KNOWN. Estimated Value $17,500 - UP
Ex S.S. Central America, 2014 Recovery from Purser's Safe.
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| Realized $11,400 |
