While part of a plentiful mintage, the arrows & rays quarter has always brought strong prices, as it is a one-year type and thus holds strong appeal for collectors. This MS-65 example is near top-pop at PCGS, with only 13 coins graded higher.
Coin Highlights: - Contains .18 oz of Silver.
- Graded MS-65 by PCGS and encapsulated in a sealed holder to protect your investment.
- Mintage of 15,210,020 coins.
- Obverse: Shows Liberty seated on a rock facing left while her right hand rests firmly above the shield of the United States. In her left hand is a pole with a Phrygian cap. Date below with arrows.
- Reverse: Heraldic eagle with denomination below, surrounded by rays.
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In 1853, subsidiary denominations of Seated Liberty coinage had arrows added to the date to signify a slight debasement of the coin's Silver content. This was done in order to bring the face value of the coin back below its rising melt price in an attempt to keep it in circulation use. The addition of these arrows was a clear indication of the coin's lower Silver content, leading to earlier issues to be taken out of circulation and melted in large quantities, which is why many earlier issues are much scarcer than their mintage numbers would imply. In addition to the arrows at the date, the quarter and half received the addition of rays around the eagle on the reverse. While the arrows persisted until 1855, the rays were present only on the 1853 issue.
