1864-S 25C Liberty Seated Quarter
The 1864-S Seated Liberty Quarter is a notable coin for collectors, given its low mintage and historical context. Minted during the tumultuous times of the American Civil War, this coin comes from the San Francisco Mint, a facility known for producing coins with smaller annual figures. The mintage for the 1864-S quarter is recorded at just 20,000 pieces, making it a rarity in any condition.
Rarity and Numismatic Significance
From a numismatist’s perspective, the 1864-S 25C is highly sought after due to its scarcity and historical significance. The low mintage accounts for its rarity. Survival rates for coins of this era were generally low, with many disappearing into circulation or being melted down. Consequently, this coin is extremely difficult to find in higher grades, contributing to its allure and value among collectors. The 1864-S quarter is a part of the Seated Liberty series, which is significant for its design by Christian Gobrecht, portraying Lady Liberty seated with a shield in her hand, representing her vigilance in maintaining personal freedom and guarding the nation. This particular coin also offers a glimpse into the West Coast's economic conditions during the Civil War, as the San Francisco Mint was pivotal in providing coins to facilitate commerce in the rapidly growing region.
Value and Market
Trends In terms of value, the 1864-S Seated Liberty Quarter is highly prized, especially in well-preserved grades. Circulated examples can fetch significant amounts, while uncirculated examples are extremely rare. Exact figures can fluctuate based on the coin's condition and market demand. For instance, sales records from major auction houses have shown considerable interest; circulated coins maintain strong sale values, sometimes reaching several thousand dollars. Uncirculated coins are almost unobtainable and can command premium prices when they do surface.
Exact Sales
Though individual sale amounts vary, one notable auction had a quality specimen of this coin selling for just over $10,000. Such sales highlight the coin's desirability and the significant investment potential for pieces in better grades.
PCGS Coin Facts
According to PCGS CoinFacts, the PCGS number for the 1864-S Seated Liberty Quarter is 5469. This number is a part of their cataloguing system and assists collectors in identifying coins and their respective rarity and market performance. The coin’s elusive nature makes it a highlight for any collection, often turning heads at auctions and within the numismatic community.
Collecting Challenges
For collectors interested in the 1864-S quarter, the biggest challenge is finding coins in higher grades. The limited mintage and the historical context that led to most being heavily circulated make it an exceptionally tough piece to acquire in any condition, let alone in well-preserved states. The quest for such coins often involves patience, networking within the numismatics community, and a readiness to invest when the right piece becomes available. Exploring coin facts and historical auction results showcases the 1864-S as more than just a coin; it is a piece of American history encapsulated in precious metal, representing a tumultuous period and the fledgling economy of the American West during the Civil War.
