2055

1864-S 25C MS68 NGC.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1864-S 25C MS68 NGC.
1864-S 25C MS68 NGC. Ex: Eliasberg. The description from the landmark offering of Louis E. Eliasberg Quarters sold nearly seven years ago reads in part: "A spectacular gem, virtual perfection, and probably the finest known. Satiny, lustrous surfaces with light gray and gold toning. Sharply struck and boldly defined in all areas. Broad rims with partial wire rim on obverse. 'Prohibitively rare Uncirculated' wrote Walter Breen in his 1988 Encyclopedia, and who can disagree? If a(n) MS-60 coin is prohibitively rare, then what is a(n) MS-66? The present coin is undoubtedly a once-in-a-lifetime opportunity for the connoisseur in the Liberty Seated series. Die notes: Briggs 1-A. Obverse with date high and closer to the base of Liberty than to the dentils. The first two digits of the date (are) boldly repunched. Reverse with features particularly deeply impressed into the die, generating very bold peripheral lettering. The S mintmark, punched separately into the die, is somewhat lighter in relief and is interestingly rounded on the higher areas." The only part of the Eliasberg catalog description that we would take exception to is the word "probably" in the first sentence. There is no probably to this extraordinary coin being the finest known. Only a handful of Uncirculated 1864-S Quarter exist and none have certified higher than MS64. Listed under the Eliasberg Gallery on the NGC website where it states "this coin simply defies belief." We concur. Population: 1 in 68, 0 finer (11/03). Ex: William M. Friesner Collection (Frossard, 06/1894); J.M. Clapp, John H. Clapp estate 1942 privately to Louis E. Eliasberg, Sr.; Louis E. Eliasberg, Sr. Collection (Bowers and Merena, 4/1997), lot 1483, where it was sold uncertified and realized $104,500. Important notice: Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions before you bid.