Coin Specifications

Category: Seated Liberty Quarters (1838-1891)
Mint: Philadelphia
Mintage: 7,264,000
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 6.2200g
ASW: 0.1800oz
Melt Value: $3.20 (2/27/2020)
Diameter: 24.3mm
Edge: Reeded
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1856 25C MS obverse 1856 25C MS reverse
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Description & Analysis

By 1856 silver coins of the new standard were so plentiful that the distinguishing mark of arrowheads at the date was no longer considered necessary. It was understood that the new coins would remain in circulation and not recalled, as was originally anticipated.

The mintage of quarter dollars at the Philadelphia Mint was quite substantial, assisted in no small part by an illegal practice on the part of Mint Director James R. Snowden. The law stipulated that the fractional silver coins would paid out in exchange for gold coins to to prevent them from becoming a redundant nuisance. Since the legal tender of these coins was limited to no more than five dollars in any one transaction, amounts over that figure could be refused as bank deposits, thus sticking the holders with unwanted change. To get the coins into the channels of commerce more quickly, however, Snowden permitted their exchange for deposits of silver bullion, and this led to a huge glut of half dimes through half dollars.

The 1856(P) quarter dollar is a fairly common issue, and a fair number of Mint State survivors are known. Gems are scarce in a relative sense, but they remain obtainable. Some examples are weakly struck in places.

With some 72 die pairs prepared for this issue, there are numerous minor varieties. The most interesting of these is one in which the top of a numeral 1 appears to the right of Liberty's shield banner, and the top of an errant 6 is barely seen just below Liberty's heel.

GRADE SUMMARY

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Price Guide

Last Updated: 2/7/2020

Click on a price to see historical prices, comparison charts and trends.

1856 25C MS
  GVGFVFXF505355586061626364656667686970
Base $ 30.00 37.00 43.00 65.00 115 195 215 240 300 360 445 540 670 1600 3075 6250 - - - -
$ - - - - - - - - - 1850 4250 - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 296
Low Grade: G
Average Grade: 55
High Grade: 66

The chart showing G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series.
NGC CENSUS DETAIL Last Updated: 2/25/2020 1856 25C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-22539143015171835114271544117----296
-----------------------
---------------1------1
-----------------------
Total-22539143015171835114271545117----297
 -1%1%2%13%5%10%5%6%6%12%0%5%9%5%15%4%2%---- 

NGC Registry

NGC Registry Score 1856 25C MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base891021191351753304665867097838869511034113114721922337243968029127192032632744
93107124148226375506627733817907978106612441622240537135607959215254244650
00000050662773381790797810661244162224053713560795921525400
0000005466687588519291006109813581772288840546818111551779000
1856 25C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base8194106123159304434546663735833894974106613931825322542177748123221976431944
8598111135207347471585687767853920100411751537229135555394927214802238240
00000047158568776785392010041175153722913555539492721480200
000000508624711800873947103512841681275838866571107971728300
Registry Image Gallery
Grade: MS 65
Points: 3225
Owner: Hugh Stiel Rare Coins
 
Grade: MS 65
Points: 3225
Owner: Malibu Collector
 
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