1903-O Barber quarter that went for $32,900 in Gardner sale once part of Eliasberg Collection: Market Analysis

Coin World introduces you to three Barber quarters from the Eugene Gardner Collection in the week's Market Analysis
By , Coin World
Published : 06/04/15
Text Size

Heritage’s third sale of coins from the collection of Pennsylvania numismatist Gene Gardner took place in New York City on May 12 and realized $13.78 million. The total for the three sales now stands at more than $47 million with a final sale scheduled for October of Gardner’s duplicates. Heritage President Greg Rohan characterized the May 12 total as an “astounding figure even by Heritage’s own very high expectations for this magnificent collection.” Here are three Barber quarter dollars — a strength of the Gardner Collection — that found new owners at the May 12 sale. 

The Coin

1903-O Barber quarter dollar, MS-67 CAC

The Price
$32,900

The Story 
Several of Gardner’s quarter dollars were once in the collection of Louis E. Eliasberg Sr. and were previously offered in Bowers and Merena’s April 1997 auction of part of Eliasberg’s impressive collection.

This 1903-O Barber quarter dollar graded Mint State 67 by Professional Coin Grading Service with a green Certified Acceptance Corp. sticker was purchased by John M. Clapp directly from the New Orleans Mint in October 1903. From there it went to Eliasberg, sold at Bowers and Merena’s 1997 auction, and then again sold at a 2005 Heritage auction for $24,150. 

It is the sole finest example at PCGS with Numismatic Guaranty Corp. grading a single example in MS-66 with none finer. It is considered one of the rarest issues in the series in gem and finer grades. This example has handsome toning, described in the catalog as “intermingled tones of light gold, orange, sea-green, and dove-gray.” At the Gardner III auction it sold for $32,900.

Keep reading this Market Analysis:

1912-S Barber quarter offers vibrant contrast in the Gardner Collection

Proof 1915 Barber quarter with exceptional eye appeal brings $15,275 at Gardner sale

More from CoinWorld.com:

Collectors discover doubled dies on America the Beautiful quarter dollars

1893 commemorative coin found in roll 122 years after issue

U.S. Mint explains depletion of inventory of 2014-W Eleanor Roosevelt First Spouse gold

Louis Golino: March of Dimes secondary market taking shape

American Eagle silver bullion coins sales by U.S. Mint dip 29 percent in May

Keep up with all of CoinWorld.com's news and insights by  signing up for our free eNewsletters liking us on Facebook , and  following us on Twitter . We're also on  Instagram !

You are signed in as:null

Please sign in or join to share your thoughts on this story

No comments yet