The following post is pulled from Coin World editor Steve
Roach’s Market Analysis column in the July 14 issue.
Heritage’s auction of the Eugene H. Gardner Collection on June 23 and 24
brought nearly $20 million and was highlighted by hundreds of popular
collector coins in high grades. Many of these silver coins were
characterized by beautiful toning that resulted in rich kaleidoscopes
Among the series that Gardner collected in
depth were Charles E. Barber’s quarter dollars of 1892 to 1916.
Coin World is highlighting three examples that combined
spectacular color and rarity.
Below is the second.
The coin: 1895-O Barber quarter, MS-68 CAC,
The story: The 1895-O Barber quarter
dollar has a relatively high mintage of more than 2.8 million pieces,
but few have survived in grades of Mint State 68 and finer. This is
the sole finest certified example at both PCGS and Numismatic Guaranty
Corp., and Heritage notes that there is no serious competitor that
could snatch the title of finest known from this coin.
Like Gardner’s 1901-S quarter dollar, this example is notable for its
clean surfaces with shades of greenish-gold, lavender-gray, lilac, and
turquoise on lustrous surfaces. Grading PCGS MS-68 with a green CAC
sticker, it sold for $49,937.50. The coin last sold at auction at a
1998 Bowers & Merena sale where it brought $17,250.
The consignor comments in the catalog that Walter Breen, a numismatic
scholar perhaps best known for his epic Complete Encyclopedia of U.S.
and Colonial Coins, wrote when describing this coin for a 1991
Superior auction that it is the finest known U.S. quarter dollar,
regardless of date.
Read Steve Roach's other two Market Analysis posts from the July 14 issue:
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