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FUN Newp: pretty 1866 quarter

rheddenrhedden Posts: 6,631 ✭✭✭✭✭
This PR65/CAC Seated quarter was a Newp at FUN in the auction. The reserve was 10% over price guide, so nobody bid. I retrieved it from post-auction buys a few seconds later via Heritage Live after saying, "wait a minute..." It replaces a PR62 CAM that I will ultimately sell to some other collector who needs the date. 1866-P is an "impossible" key date in the business strikes, with BU examples being available only once in a blue moon, and with most examples being flatly struck on the reverse. The 1866 proofs do bring a premium over later dates because anyone who collects Seated quarters by date generally has to make a decision between a proof or a lower grade business strike that probably costs just as much. If anyone here has a great business strike example of this date, please add it to this post. In the mean time, please enjoy the pretty colors on this proof example.

image

Comments

  • GoldbullyGoldbully Posts: 17,777 ✭✭✭✭✭
    Gorgeous colorful proof Seated Liberty quarter....Congrats!!!!
  • thisnamztakenthisnamztaken Posts: 4,101 ✭✭✭✭✭
    Sweet coin!
    I never thought that growing old would happen so fast.
    - Jim
  • FlatwoodsFlatwoods Posts: 4,246 ✭✭✭✭✭
    Great looking coin. I don't blame you a bit for retrieving it. image
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    Gorgeous coin. I can see why you loved it as it has the look and eye appeal of a 66/67 coin.

    I've never found the MS 1866 quarters to be extremely hard to find. And since nearly all of them come poorly struck it makes it even harder to want to buy one. The last one I had was a MS62/63 coin entombed in an old ANACS AU55 holder. Apparently, ANACS was fooled by the strike. When I sent it in to NGC for a cross or higher it came back body bagged AT....the joke was on me! I ended up flipping the coin to Jim Halperin for MS money. He liked the coin despite its weak strike and AT-ness. The VF-XF 1866's are a different story....very hard to find. And with the strike issue they probably appear a grade lower than they really are. The terrible strike on these pretty much precludes most everyone being fooled into buying a proof as a business strike. I've been tempted a few times in buying some gorgeous 1866 MS65/66 business strikes, but could never get past the weak strikes....usually flat in the centers on both sides of the coin. I've heard rumors of sharply struck business strikes but have never personally seen one to verify it.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • goldengolden Posts: 9,972 ✭✭✭✭✭
    Looks like a keeper.
  • BGBG Posts: 1,762 ✭✭✭✭✭
    WOW!!

    I don't know if I've ever seen a finer example!!!!

    All stars are full on the obverse as well as feathers on the eagle.


    That is just SWEET



    image
  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭
  • rheddenrhedden Posts: 6,631 ✭✭✭✭✭
    I forgot to mention, it's a Coinfacts plate coin right behind a gorgeous PR66 that has similar toning.
  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    Nice piece, hard to find, congrats !!! image
    Timbuk3
  • stevebensteveben Posts: 4,628 ✭✭✭✭✭
    yeah, that's nice! congrats.
  • mirabelamirabela Posts: 5,094 ✭✭✭✭✭
    Lovely.
    mirabela
  • Walkerguy21DWalkerguy21D Posts: 11,627 ✭✭✭✭✭
    Wow is right!

    Successful BST transactions with 171 members. Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • Yowzer!
    Let's try not to get upset.
  • segojasegoja Posts: 6,141 ✭✭✭✭
    NICEimage
    JMSCoins Website Link


    Ike Specialist

    Finest Toned Ike I've Ever Seen, been looking since 1986

    image
  • AuroraBorealisAuroraBorealis Posts: 3,591 ✭✭✭✭✭
    Great looking quarter! Gorgeous!

    Congrats.... ABimage
  • etexmikeetexmike Posts: 6,852 ✭✭✭
    She is a beauty. Love the colors.


    Mike
  • AnkurJAnkurJ Posts: 11,370 ✭✭✭✭
    Gorgeous!
    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
  • leothelyonleothelyon Posts: 8,476 ✭✭✭✭✭
    But at what price? I imagine quite a few passed up on it.

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • DUIGUYDUIGUY Posts: 7,252 ✭✭✭
    OUTSTANDING!!image
    “A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly."



    - Marcus Tullius Cicero, 106-43 BC
  • MrEurekaMrEureka Posts: 24,394 ✭✭✭✭✭
    I've been tempted a few times in buying some gorgeous 1866 MS65/66 business strikes, but could never get past the weak strikes....usually flat in the centers on both sides of the coin. I've heard rumors of sharply struck business strikes but have never personally seen one to verify it.

    Check out the May 91 Superior auction catalog, if you have one. I'm pretty sure there was a colorful, fully struck gem in there. And I'm 100% sure that the coin exists, whether it was in that sale or not. (Previous appearance was in a Christies NYC auction a few years earlier, where it was accompanied by a matching half and dollar.)
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • WHPRATTWHPRATT Posts: 114 ✭✭✭


    << <i>This PR65/CAC Seated quarter was a Newp at FUN in the auction. The reserve was 10% over price guide, so nobody bid. I retrieved it from post-auction buys a few seconds later via Heritage Live after saying, "wait a minute..." It replaces a PR62 CAM that I will ultimately sell to some other collector who needs the date. 1866-P is an "impossible" key date in the business strikes, with BU examples being available only once in a blue moon, and with most examples being flatly struck on the reverse. The 1866 proofs do bring a premium over later dates because anyone who collects Seated quarters by date generally has to make a decision between a proof or a lower grade business strike that probably costs just as much. If anyone here has a great business strike example of this date, please add it to this post. In the mean time, please enjoy the pretty colors on this proof example.

    image >>



    Very nice - good play on waiting.


  • johnny9434johnny9434 Posts: 29,070 ✭✭✭✭✭
    way nice coin image
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭


    << <i> I've been tempted a few times in buying some gorgeous 1866 MS65/66 business strikes, but could never get past the weak strikes....usually flat in the centers on both sides of the coin. I've heard rumors of sharply struck business strikes but have never personally seen one to verify it.

    Check out the May 91 Superior auction catalog, if you have one. I'm pretty sure there was a colorful, fully struck gem in there. And I'm 100% sure that the coin exists, whether it was in that sale or not. (Previous appearance was in a Christies NYC auction a few years earlier, where it was accompanied by a matching half and dollar.) >>




    I also heard of "the one" from that era. Never examined it closely. I can only say if there's one, why aren't their others? It's not like collectors of that era (1863-1867) didn't put away an inordinate amount of choice and gem Philly MS silver half dime, dimes, and quarters due the very low mintages. Also, why nothing inbetween. Nearly every 1866 unc you see is very weakly struck in the centers. And I say "nearly" because you never see them all and you can't ever so "never." It's sort of like running into a fully struck 1842-0 sd quarter...only worse. The bottom line is that seated quarter collectors aren't as juiced as the guys with the 20th century registry sets where "FULL something" on the label often nets you a double or triple. I doubt there's anyone building a choice/gem unc seated quarter set in full drapery/full feathers/full claws/full stars. A difficult task indeed considering several dates in the series still don't exist in technical mint state 61 or better condition.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • lasvegasteddylasvegasteddy Posts: 10,408 ✭✭✭
    what a jewel there
    everything in life is but merely on loan to us by our appreciation....lose your appreciation and see


  • fastfreddiefastfreddie Posts: 2,893 ✭✭✭✭✭
    You are making think twice about only considering business strikes for my set. Great coin!
    It is not that life is short, but that you are dead for so very long.
  • rheddenrhedden Posts: 6,631 ✭✭✭✭✭
    Concerning the aforementioned fully struck, Gem 1866 business strike that appeared in a 1991 catalogue, I have to wonder if it isn't the same as an NGC MS66 1866 that I found in the Heritage archives this morning. There is indeed a fully struck example in existence- have a look. Sad thing is, it's dipped blast white.

  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭


    << <i>Concerning the aforementioned fully struck, Gem 1866 business strike that appeared in a 1991 catalogue, I have to wonder if it isn't the same as an NGC MS66 1866 that I found in the Heritage archives this morning. There is indeed a fully struck example in existence- have a look. Sad thing is, it's dipped blast white. >>



    This would be the Joe Thomas coin from early 2009

    Appears to have been purchased in 2006 from an earlier Heritage sale. Being dipped appears to be one of its lesser problems. Of all the couple dozen MS64-66 coins listed no others were sharply struck in the centers. In checking back through my LSCC collective volumes 1-4 I can't find anything on differentiating an 1866 business strike vs. a proof via die diagnostics. Other than the flat centers, and the right half of the stars being flat, I don't see a way to tell them apart using photos. Obviously an edge inspection would be helpful. They both appear to have the same positioning of the date digits. A number of proof seated quarters and halves come with flat stars. So using that as a "diagnostic" is far from fool proof.

    This one has somewhat weak centers, but strongish right hand side stars and arrow heads.

    Also has a fairly wide and square rim with >50% of it wired. The denticles are also quite sharp and squared up.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • metalmeistermetalmeister Posts: 4,594 ✭✭✭✭✭
    What a Gem!image
    email: ccacollectibles@yahoo.com

    100% Positive BST transactions
  • I think it is a looker, would love to own it.
  • NicNic Posts: 3,400 ✭✭✭✭✭


    The coin Andy mentions is very fully struck, colorful, and once in a PC MS67 holder. I've only seen a pic. The coin fell out of the pop reports years ago and I was told indirectly it did not end up a proof. Who knows? I've heard of one other gem+ coin. Neither of those two coins are the ones mentioned/posted so far. Or mine image


    1866 Mint Set Thread
  • ashelandasheland Posts: 23,624 ✭✭✭✭✭
    wow! Nice coin!!
  • NicNic Posts: 3,400 ✭✭✭✭✭


    << <i>wow! Nice coin!! >>



  • MrEurekaMrEureka Posts: 24,394 ✭✭✭✭✭
    The coin Andy mentions is very fully struck, colorful, and once in a PC MS67 holder. I've only seen a pic. The coin fell out of the pop reports years ago and I was told indirectly it did not end up a proof.

    I don't know about the pop reports, but the coin is an unquestionable business strike.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • coinlieutenantcoinlieutenant Posts: 9,319 ✭✭✭✭✭
    Very nice coin rhedden. Looks like a super buy! Love the colors. And I imagine that the mirrors are great.
  • That is one beautiful coin!!image
  • rheddenrhedden Posts: 6,631 ✭✭✭✭✭
    Starting to sweat a bit. Didn't get the package from Heritage yet. Watch my quarter show up on ebay tomorrow...image
  • WalkerfanWalkerfan Posts: 9,668 ✭✭✭✭✭
    A STUNNING example!! image

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • jhdflajhdfla Posts: 3,030 ✭✭✭


    << <i>Starting to sweat a bit. Didn't get the package from Heritage yet. Watch my quarter show up on ebay tomorrow...image >>




    Great example, don't worry, it'll come eventually...

    I have to see if I can find the Superior '91 catalog. Never saw a fully struck '66 business strike, or even a fairly well struck example with full center definition. However, if Andy says it exists as a fully struck up MS example, that's good enuf for me. image

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