From the NGC Archives: 1861 Seated Liberty Quarter
Posted on 11/8/2011
1861 proved to be the last year for more than a decade that silver coins circulated freely in most of the nation; the introduction of paper money soon drove the public to hoard them. This example from the Philadelphia Mint exhibits both Type 2 obverse and reverse. These are characterized by a double hair ribbon on the Liberty figure and a raised eyeball on the eagle. Though a common date in lesser grades, gems of the 1861 quarter dollar are scarce. A full strike, bright luster and clean surfaces are accompanied by delightful toning of predominately green and gold.
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