1856 Liberty Seated Quarter Dollar - Misplaced 5 Digit in Shield
by Greg Johnson
Last month I started a discussion of four quarter
varieties that were considered too rare to include in the Top 25 set: the 1854
thin date, the 1856 Flag of 5 in the Shield, the 1857-O with the top of “18”
in the denticles, and the 1858-S mintmark far left. This month we revisit the
1856 Flag of 5 in Shield, which has been mentioned in this column a couple of
times before, and is the second of the four coins left off the Top 25 list due
to its rarity. A total of 7 examples of the variety were reported in the 2007
LSCC survey, with two more confirmed since. Given the high mintage of the 1856
it seems likely that additional examples will be found, but for the time being
it is very rare and excessively difficult to locate. The finest known, and only
mint state, example sold for $1725 on June 6, 2010. It resides in a PCGS holder
The variety was discovered by Bill Bugert and initially reported in issue 52 of the Gobrecht Journal in November of 1991. The note and photograph are reprinted on page 382 of Gobrecht Journal Collective Volume 4. The variety is listed in The Comprehensive Encyclopedia of United States Liberty Seated Quarters (9-G), but without detailed information. In fact, only a single example, presumably the discovery coin, appeared in the 1993 LSCC quarter survey.
Image Courtesy of Heritage.
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