Coin Specifications

Category: Seated Liberty Quarters (1838-1891)
Mint: Carson City
Mintage: 12,462
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 6.2500g
ASW: 0.1800oz
Melt Value: $3.10 (5/24/2017)
Diameter: 24.3mm
Edge: Reeded
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1873 CC ARROWS 25C MS obverse 1873 CC ARROWS 25C MS reverse


  
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Description & Analysis

The weight increase that went into effect April 1, 1873 required the Carson City Mint to wait several months for the arrival of new obverse dies bearing arrowheads at the date. These were finally in hand at the end of June, and shortly thereafter Carson struck off 3,500 quarter dollars. A supplemental delivery of 8,962 pieces came a month later, furnishing the total now known for this issue.

While the Philadelphia Mint provided coins for banks and businesses requesting them on demand, the other mints were prohibited from paying out fractional silver coins unless paid for in gold in amounts not less than $1,000 per transaction. Since this was unlikely at the CC Mint, its small denominations remained idle in vaults for years. The only exception to this rule was that fractional silver coins could be given to depositors of gold who were owed amounts ending in less than whole dollars. It's likely that many of the surviving CC rarities were released in this manner, the 1873-CC quarter perhaps being among them. Researcher and author Rusty Goe estimated that just 30-35 examples are known of this issue.

A single pair of dies was used to coin both deliveries, and the reverse die was the very same one used for all the CC-Mint quarters of 1870-72. This is a testament to how few quarters were being struck there that the die could last so long.

This issue is rare across all grades, with Mint State pieces being extremely so.

GRADE SUMMARY

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Price Guide

Last Updated: 10/12/2016

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

1873 CC ARROWS 25C MS
  GVGFVFXF505355586061626364656667686970
Base $ 5850 8600 13500 19500 27500 57500 72500 100000 - - - - - 200000 - - - - - -
$ - - - - - - - - - - - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 21
Low Grade: PrAg
Average Grade: F
High Grade: 65


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
4/25/2002 PCGS AU 55   Heritage Auctions 2002 April Columbus, OH (CSNS) Signature Sale #288, 288/Lot# 5551 $25,875.00
1/30/2011 PCGS F 15   Goldberg January 30 - February 3, 2011 The Pre-Long Beach Coin and Currency Auction, 62/Lot# 1365 $7,475.00
2/22/2013 PCGS VF 25   Stack's Bowers The March 2013 Baltimore Auction, 181/Lot# 2039 $41,712.50
6/29/2014 PCGS FA 2   GreatCollections GreatCollections Coin Auctions 06/29/2014, 187/Lot# 158415 $3,650.00
8/12/2015 PCGS G 4   Heritage Auctions 2015 August 12 - 16 ANA US Coins Signature Auction - Chicago Session(3), 1223/Lot# 4670 $4,817.50
4/4/2017 PCGS G 4   Heritage Auctions 2017 April 4 - 6 US Coins Signature Auction - Dallas Session(2), 1253/Lot# 15715 $4,935.00


NGC Registry

NGC Registry Score 1873 CC ARROWS 25C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base28613094431954586502743178028142949010207111161164311997124021304714098202522737037675527945785563266
2938350246985806681175547915859197291051011291117611213212617133971614922624308054271454481596580
000000791585919729105101129111761121321261713397161492262430805427145448100
000000802890409968108131146711879122671283213747182002499734240477545616800
1873 CC ARROWS 25C MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base29963237450256766749770480858434981610552114841202312385128001346014535208232808338578539535909564590
30763658489360337067783182018894100611086211663121431252313020138181663123243315814370355667609260
0000008201889410061108621166312143125231302013818166312324331581437035566700
0000008317935510306111731184312264126611324014176187272566335079488285738100
Registry Image Gallery

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