Description and Analysis
Seated Liberty Quarters
1853/53 NO ARROWS 25C MS
Description & Analysis
The abortive coinage of 1853(P) quarters without arrowheads at the date was the result of new legislation passed early in the year changing the weights of all fractional silver coins. Many of these pieces remained on hand at the Philadelphia Mint and were melted there, others being shipped overseas and melted for recovery of their bullion, which was then valued higher than 25 cents.
A single pair of dies was used in two deliveries during February of 1853. The obverse features a repunched date. Being the only one used, however, there is no premium added to this already scarce and valuable coin. As with so many of the 1850-52 issues, Mint State examples have survived in disproportionately high numbers to the overall population.