Suppose $X$ is Banach and $N$ its closed subspace, then $X/N$ is in turn Banach. Now suppose we have a convergent sequence $\bar{x_n}\to \bar{x_0}$ in $X/N$, is it then possible to construct a sequence $x_n\in X$, with $\|x_n\|=\|\bar x_n\|, n=0\cup\Bbb N^+$ and $x_n\to x$?
By the first requirement, $x_n$ are actually already uniquely determined, i.e., they are the unique minimisers of $\|x\|,x\in \bar{x_n}$. So we must show that $x_n$ so defined must converge. Indeed, geometrical intuition tells me that $\bar{x_n}$ should be a collection of "parallel" hyperplanes in $X$, and that $\|x_n-x_0\|$ should be exactly the distance between the corresponding hyperplanes. But rather disappointingly I couldn't prove it. So, is my initial conjecture really true? If so is there any easy way to prove it?
As commented by Daniel, for a generic Banach space $X$, such a unique determination of $x_n$ may not exist. That closed convex sets always admit a unique modulus minimiser is only a result of Hilbert spaces (or more generally, reflexive spaces as in Daniel's comment).
Anyway, now let's relax the first requirement a little. We now drop the requirement that $\|\bar x_n\|$ be equal to $\|x_n\|$, rather, we only require that $\|x_n\|\le c\|\bar x_n\|$ (including $x_0$) for some $c<\infty$ and $x_n\to x_0$ in $X$. So is there a positive answer to this weaker problem?
I feel I should've included some context here. It all went from the following:
$X,N$ as above, if $Y$ is Banach, then if $A$ is a bounded linear operator from $X$ to $Y$, then for each convergent sequence $y_n\to y_0$, there exists a convergent sequence $x_n\to x_0$ such that $Ax_n=y_n$ (including $x_0$) and that $\|x_n\|\le M\|y_n\|$ for some $M<\infty$.
My approach was get everything into the quotient space $X/N$, then the resulting quotient operator $\bar A$ is bijective, whence, if we can recover $x_n\in\bar x_n$, convergent and dominated by $\|\bar x_n\|$, we readily prove the result with the Inverse Operator Theorem.
Okay after thinking for a while I finally got the answer to my modified question. It isn't hard actually, just an application of the inf definition of the quotient norm: for each $\bar x\ne 0$ we have $$\|\bar x\|:=\inf_{x\in\bar x}\|x\|>0,$$ and thus we are able to find $x'\in\bar x$ such that $\|x'\|\le \|\bar x\|+\|\bar x\|$ (taking $\epsilon=\|\bar x\|>0$ here). Then for our question, fixing any $x_0\in\bar x_0$, we just replace $\bar x$ with each $\bar x_n-\bar x_0=\overline{x_n-x_0}$ and we're almost done (noteworthy that in this step the well definedness of the quotient norm, as mentioned in Omnomnomnom's answer, is crucial.)