Lot 2653
1873 Liberty Seated Quarter Dollar. Arrows. NGC graded Proof 66. Gorgeous royal blue and vivid violet colors on both sides, dazzling, iridescent. A wonderful opportunity for the date or Type collector looking for a stunning gem example of the popular "with arrows" type. Only 600 Proofs struck. In 1873, the year in which this scarce Proof seated Liberty quarter was struck, Congress sat down in a long session and hammered out a new coinage bill. Shortly after the bill was passed, silver miners discovered they had been given short shrift. They nicknamed it the Crime of 1873. What Congress had done, among other things, was to rationalize America's coinage system; gone was the two-cent piece, the three-cent silver, the regular issue silver dollar; added was a new trade dollar for use in the Orient. This piece is therefore a wonderful legacy of those times, and an important one, for that matter, because it is so scarce.
As in the case of the 1853-5 "With Arrows" silver coins, arrows were added to the obverses of the coins to facilitate the sorting of the old weight coins (those struck prior to the above-mentioned April 1873 Mint Act) from the new weight coins. This was mostly a matter of expedience at the Mint and Treasury. Pop 11; 4 finer, 3 in 67, 1 in 68 (PCGS # 5574) .
Estimated Value $8,000 - 8,500.
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| Realized $9,200 |
