The Survival Estimate represents an average of one or more experts' opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.
Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.
Relative Rarity By Type
Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.
Relative Rarity By Series
Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
Philadelpha Mint circulation strike quarters from 1879-1889 have low mintages ranging from 5,000 to 15,200. The reason for these tiny mintage figures was the Bland-Allison Silver Act of 1878. The Act mandated the minting of prodigious amounts of dollar coins to satisfy the demands of Western mining interests. This taxed the Mint's coining and die making machinery which resulted in meager production of sorely needed minor coinage. The situation was not corrected until 1892 with the introduction of the new Barber coinage. With survival estimates in the 15% range, circulation strike quarters of these dates were, and still are, highly sought by date collectors, and hoarded by some.
Quickfinder Notes: Proof expert, John Dannreuther, points out some minor positional differences involving the point of the shield, and the 1 and 8 of the date to the denticles, to determine proof versus Mint State status. The dentilation also offers some clues. On proof issues the denticles are strongly struck and sharply defined. On Mint State pieces, the denticles tend to be more blunt and softer in strike.
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