25 Cent / 1/4 Dollar    (售价 $2500.0)

1887. NGC graded MS-66. CAC Approved. A blast white frosty mint gem. Much scarcer than a Proof. Only 10,000 struck. Pop 13; 11 finer, 10 in 67, 1 in 68. Why such a low mintage of small denomination silver coins in 1879 to 1889? According to Neil Carrothers in "Fractional Money", "In the winter of 1877 there suddenly reappeared in circulation literally hundreds of millions of the silver 3 cent pieces, 5 cent pieces, dimes, quarters, and half-dollars that had as suddenly departed in 1862. They streamed in from Canada, from Central America, from South America, and from the West Indies. A small quantity, probably, was brought out from domestic hoards. With the value of silver going down and the value of greenbacks rising toward parity with gold a point had been reached where these long absent coins were worth more at home than they were in foreign countries. The most interesting feature of this unexpected home-coming was the information it afforded as to the fate of the coins in 1862. It showed that they had not been melted or exported to Europe as bullion, although there was a definite profit in melting the coins at that time. They had gone to Latin-America, served as local currency for fifteen years, and then returned. Sherman in 1880 estimated the value of the coins returned in the preceding two years at $22,000,000, and a large amount came back after that time. "The immediate effect of this development was to stop the sale of new coins. [Treasury Secretary] Sherman suspended subsidiary coinage in the last month of 1877. A later result was the gradual accumulation in the Treasury of an embarrassing volume of excess coins. More than $10,000,000 was stored in the vaults by 1880. The coins came in through small tax payments, postal operations, and various change transactions at Treasury offices. Eventually they became a Treasury problem." Estimated Value $3,000 - 3,200 Categories: Seated Liberty Quarter Dollars
更多
售价
该商品已售出   $2500.0 / 2013-09-22

Transaction details: https://www.hobbyray.com/page-cache/3bd4cbf0e637487694152038e0504b4b.html
发布人: anonymous
2015-03-01
钱币组
 面额: 25 Cent
1/4 Dollar
 金属:
 国家: 美利堅合眾國 (1776 - )
 
描述:   English
钱币差异: 90 instance(s)
您也许会对以下钱币感兴趣
1/4 Dollar 美利堅合眾國 (1776 - ) 銀
1/4 Dollar 美利堅合眾國 (1776 - ) 銀
本组有   142 钱币 / 136 售价
1 Dollar 美利堅合眾國 (1776 - ) 銀
1 Dollar 美利堅合眾國 (1776 - ) 銀
本组有   272 钱币 / 228 售价
1/2 Cent 美利堅合眾國 (1776 - ) 銅
1/2 Cent 美利堅合眾國 (1776 - ) 銅
本组有   134 钱币 / 132 售价
2025-05-25 - Historical Coin Prices
1 Liard Austrian Netherlands (1713-1795) 銅
钱币公开售价
详情
2025-05-25 - New coin is added to 5 Yuan 中华人民共和国 銀


    5 Yuan 中华人民共和国 銀
本组有    2 钱币



China. 5 Yuan, 1997. KM-1058. Ornamental column. Reverse; Child holding carp. NGC graded MS-67: and 3 Yuan, 1997. KM-1075. Panda seated. NGC graded Proof 68 Ultra Cameo. Lot of 2 coins. Estimate ...
您有可能会想试一试
王朝统治者
羅馬帝國
朝代图谱及钱币
House of Romanov
考考自己!
钱币拼图
钱币拼图
钱币售价
钱币售价