Photo Denom Date Grade TPG Variety GFRC Rating Price Description Buy
Seated 25C 1865 Seated 25C 1865
 MS66+
 PCGS
06359457
Gem SOLD
$38000 		Eugene Gardner Specimen, Superb Gem Original, Quito Collection. Courtesy of the Quito Collection, the Eugene Gardner 1865 Liberty Seated quarter makes a special appearance on the GFRC price list. Much has already been shared in the Daily Blog concerning this offering, therefore let's turn over the description to that of Heritage Auctions during their June 23, 2014 Sale whereby this piece secured a $41,125 winning bid. "This sharply struck and lustrous Premium Gem displays original cobalt-blue and golden-russet toning that is more prominent on the obverse. Both sides are remarkably devoid of abrasions, in concert with the singular grade. The strike is remarkably sharp on the obverse; only stars 12 and 13 show minor softness in their centers. The reverse is similarly well-detailed, and both sides show splendid eye appeal." Incremental Heritage Commentary, "The Seated quarters dated 1865 were struck in the meager quantity of only 58,800 pieces for circulation. During this last year of the Civil War, silver and gold coinage was hoarded (even copper coinage was hoarded), and fractional currency was abundant. Gresham's Law, that "bad money drives out good," tells us that examples of this issue would not have circulated in any case. This piece is an exceptional example and an important opportunity for Seated quarter specialists. Encapsulated in an old green label holder with the added CAC green label, "green on green," a collecting style that is gaining increasing numbers of adherents." Finally, we have Gardner's personal commentary, " For a coin with a modest R.5 rating, this 1865 coin from Philadelphia proved quite difficult to locate. It took more than 10 years of searching before this coin turned up in a Heritage auction. But it was worth the wait for this beautiful specimen. Technically strong for the grade with eye-catching toning, a true Gem." Housed in PCGS Gen 6.1 (2020-2024) holder with CAC approval. Offered with special presentation case for safe keeping of this exceptional gem. December 1969