1828 25C PR64 PCGS....

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Sold on May 28, 2008 for:

$63,250.00 Bid Source: Mail/Fax bidder

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Notable Choice Proof B-4 1828 Quarter

1828 25C PR64 PCGS. B-4, R.3 as a business strike, R.7 as a proof. The Narrow Date variety with less space between the 82, relative to B-1 through B-3. An exquisite example of this very rare proof date. Richly toned in sea-green, plum-red, and tan-gold. Essentially fully struck, although the determined examiner with the aid of a loupe might locate one or two stars that lack absolute radial definition. Void of contact marks or hairlines, but a brief lintmark beneath star 6 provides an identifier that will confirm any future market appearances.
From perfect dies, as usual for Browning-4. Certified in an old green label holder. At the time of its 1990 auction appearance, the present piece was the only proof 1828 quarter certified by either NGC or PCGS. Population: 1 in 64, 1 finer (4/08).
The definition of what constitutes a proof has become more strict within past decades. Only a handful of 1828 quarters have been certified as proofs by the two leading grading services, NGC and PCGS. Auction appearances of certified proof 1828 quarters, ranked in order of prices realized, are identified as:

1. PR64 PCGS. B-4. The present lot. Thomas S. Chalkley Collection (Superior, 10/1990), lot 2564, which realized $41,800.

2. PR65 NGC. B-4. Larry Shepherd Collection (Superior, 8/1991), lot 465; Poof Collection (Bowers and Merena, 7/2005), lot 441, which realized $35,650.

3. PR65 PCGS. B-4. Thomas Cleneay (Samuel and Henry Chapman, 12/9/1890), lot 1340; Dr. Christian Allenburger (B. Max Mehl, 3/1948), lot 842; T. James Clarke (New Netherlands, 1956), lot 1514; Eugene Gardner (Stack's, 2/1965), lot 1630; Denver ANA Signature (Heritage, 8/1996), lot 7065; Long Beach Connoisseur Collection (Bowers and Merena, 8/1999), lot 132, which realized $28,750.

4. PR61 NGC. B-4. Lester Merkin, 10/1969, lot 85; Harold W. Anderson Collection, Part Two (Heritage, 8/2004), lot 5931, which realized $13,800.
From The Silbermünzen Collection.

Coin Index Numbers: (NGC ID# 27HC, PCGS# 5375, GSID# 5079)

Metal: 89.24% Silver, 10.76% Copper
Weight: 6.74 grams
ASW: 0.19338oz
Mintage: 12

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