1871-CC 25C MS (PCGS# 5479)

2014 June 23 The Eugene H. Gardner Collection of US Coins Signature Auction - New York #1213

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    30390
  • Grade:
    MS65
  • Price:
    $352,500.00
Lot Description
1871-CC 25C MS65 PCGS Secure. CAC. Briggs 1-A. In MS65 grade with the added CAC green sticker, this piece is the sole finest PCGS-certified example of this second-year Carson City quarter. It is the only Gem example of this issue with the CAC endorsement, and given that and its PCGS certification, we consider it to be the most valuable 1871-CC Seated quarter. It is a matter of subjective judgment whether this piece or the Eliasberg MS65 NGC example is the more beautiful coin, but both are of marvelous aesthetic and technical quality. This piece is one of only three Mint State survivors known for the date. All three offer impeccable credentials. The present Gardner Collection coin previously hails from the collections of James A. Stack, Reed Hawn, and Rusty Goe, among others. More recently, it was a noteworthy star among the incredible run of Carson City coins in Stack's offering of the Battle Born Collection (Stack's, 8/2012), lot 11092. Mr. Gardner took advantage of that opportunity to upgrade his previous 1871-CC quarter, an AU55 PCGS-CAC example (!) purchased from Legend Numismatics in January 2009. Variety: Briggs 1-A, the sole die pair known for the meager mintage of 10,890 coins. Repunching (triple punching) is evident on both 1s in the date. The first 1 shows evidence of two underlying 1s both below the base and at the underside of the flag (although this appears as double-punching on lower-grade coins). The last 1's peak shows two underlying punches and a three-step "notched" effect atop the right serif. Two small lumps of die rust appear to the right of the Y in LIBERTY in the drapery. The same reverse die was employed for the Carson City quarters dated 1870, 1871, 1872, and 1873: the Cs are widely spaced; a horizontal die line runs through the interior of the F in OF; and a die line appears in the recess behind the eagle's heel. Population Data (5/14): The Gardner Collection coin, MS65 PCGS-CAC, is the sole Mint State example currently ...
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