Horses
USA - Delaware State Quarter


Obverse
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Reverse
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Coin Details

  

Set Details
Coin Description: 10L 1928R EDGE *FERT*
Grade: PCGS AU 53
Owner: brg5658
 
Set Category: Thematic & Topical Coins
Set Name: Horses
Slot Name: USA - Delaware State Quarter
Research: See NGC's Census Report for this Coin

Owner's Description

Purchased on 7/10/2012. This is a wonderful type coin minted in Italy from 1926-1934. However, for collectors, it was effectively minted from 1926-1930, as the 1931-1934 pieces are exceedingly rare with mintages of only 50 pieces from each year. The 1928 mintage was relatively high (6.8 million coins), but this is a particularly difficult coin to find in collectable grades of AU and higher, and gem mint state examples are few and far between. This particular coin exhibits a nice "crusty" look, and I was very happy to find it as an affordable example of the type in my horse themed set. For the years 1927-1929, this coin design comes in two varieties. One has the edge lettering * FERT * (one star on each side; referred to as KM# 68.1) while the other has the edge lettering * * FERT * * (two starts on each side; referred to as KM# 68.2). While this difference is subtle, the pricing is quite different, particularly for the 1928 coin. According to Krause, the 68.1 version (which is the one I have) is priced at around $300 in AU, whereas the scarcer 68.2 version of the coin is priced at around $1400. The obverse of the coin features the bust of Vittorio Emanuele III, King of Italy from 1909-1946. The reverse features a woman riding in a biga (a chariot drawn by two horses used in ancient Rome for sporting events, transportation, and ceremonial occasions). This two horse chariot is the analogy to the larger and quite possibly more well known quadriga, which is drawn by 4 horses instead of 2.

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