1854 Liberty Seated Quarter. Arrows. MS-64+ (PCGS). CAC. Second year of issue for the Arrows, No Motto Liberty Seated quarter subseries, the 1854 is a high-mintage (12.380 million pieces) delivery that is relatively easy to obtain in all grades up to and including MS-64. Any finer, however, and this issue develops into an important condition rarity. Exceptionally smooth and very well preserved, this impressive near-Gem exhibits no significant abrasions to full, frosty-textured luster. Sharply struck in most areas, with nicely toned gray and olive-russet toning on each side. A fully original coin.