The NGC Universal ID is a four digit alphanumeric that groups coins based on a unique combination of date, mintmark, denomination and striking process (MS, PF, or SP). These IDs are a simple organization of all coins prior to variety attribution and grading.
R.W. Julian's article 'Gobrecht's Seated Liberty,' published in the July 2003 edition of the magazine Coins, offers an excellent overview of how the eponymous design made its way to the quarter dollar. The Liberty Seated obverse, which Julian credits to a collaboration between engraver Christian Gobrecht and artists Titian Peale and Thomas Sully, was created for the silver dollar, but its use spread quickly to other denominations:
?The designs were so well received that [Mint Director Robert] Patterson soon sought permission to improve the looks of the dimes and half dimes by putting the seated figure on the obverse. ... Once the dimes and half dimes had received the seated figure of Liberty, the quarter dollar came next. Gobrecht prepared the dies in the summer of 1838 and in September several trial pieces were sent to Treasury Secretary Levi Woodbury and President Martin Van Buren for their inspection. Approval was soon forthcoming and coinage quickly began. Demand was strong enough that 466,000 pieces were struck by year's end.?
Julian further notes that while Gobrecht's obverse design was artistically successful, it created certain technical challenges that Mint Director Patterson decided to rectify. In a different article, 'Collectors Clamor for Seated Liberty Quarters' in the February 29, 2000 edition of Numismatic News, Julian describes the change made and how it affects the way today's collectors approach the series:
'The quarter coinage of 1838-1840, without drapery, is increasingly obtained by type collectors because of the distinct difference in the obverse dies. This variety was struck at Philadelphia in 1838 and 1839 but also at New Orleans in 1840, the dies for the latter were sent off before all the changes were in place. Philadelphia coined only the variety with drapery in 1840.
'Sculptor Robert Ball Hughes had been hired by Director Patterson to slightly redesign the silver coinage, especially the Seated Liberty figures, the change of drapery at the elbow is a mark of Hughes' work. The point of the make-over was to reduce the height of the figure so that the coins would strike up better in the available coining presses.'
While the 2010 edition of the Guide Book does not specify the No Drapery Seated quarters as a subtype, many collectors do consider them such, among them James W. Lull, previous owner of the present example, he assembled a high-end type collection which included both this 1838 quarter and an 1857 quarter, which would be redundant for type purposes if not for the No Drapery versus Drapery nicety.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
Use the scroll bar at the bottom of this box to view a summary of the NGC Price Guide, NGC Census, Auction Prices Realized and NGC Registry Scores for each grade.
There was no data found for this Coin.
Click on a price to see historical prices, comparison charts and trends.
A random selection of coins is shown below.
See Coin Details
NGC Auction Central Disclaimer