1824/2 25C MS64 PCGS. CAC....

Click the image to load the highest resolution version.

Sold on Jan 8, 2009 for:

Sign-in or Join (free & quick)

Get one of these:

Share this lot

Track Item Printable Auction Results

Sell One of These

Description

Auction Info

Guides & Info

Description

Richly Toned 1824/2 Quarter, MS64, B-1
Tied for Second Finest Certified

1824/2 25C MS64 PCGS. CAC. B-1, R.3. Only 16,000 quarters are believed to have been struck with the 1824 date. The new Tompkins reference on early quarters proposes an alternate theory regarding this date. It states that,

"the quantity of 16,000 coins delivered in Warrant #935 on December 31st 1823 were actually dated 1824. The amount of coins and the frequency of their appearance seem to concur with this hypothesis.

"As Robert Scot passed away on November 1st. 1823, this may have been one of the last dies he produced. Another theory would be that after Scot died, Christian Gobrecht was immediately hired to help out, and perhaps it was Gobrecht who over-dated the unused 1822 die to create the 1824/2 as well as re-engraved the reverse die that was used to coin the 1823 B-1 die marriage, which was incomplete at the arrowheads and arrow shafts. William Kneass was commissioned as the new Chief engraver on January 29th, 1824 to replace Robert Scot; therefore due to the date of the delivery warrant, he was certainly not the person responsible for this 1824/2 die.
"Furthermore, it may be that long with the one 1824/2 obverse die, Gobrecht over-dated two other 1822 dated obverse dies with a 4 over the 2. A recent discovery that the 1825 B-1 obverse die, which has always been called an 1825/2 is in reality an 1825/4/2, sparked this theory."

Only six pieces have been certified by both PCGS and NGC combined (12/08). This coin is tied for second finest certified and is bettered by only one piece, an NGC MS66. The satiny mint luster is overlaid by rich reddish centers that are surrounded by deep blue at the margins. Sharply, but not quite fully struck. There are no observable abrasions on either side of this magnificent rarity.
From The Findley Collection.(Registry values: P4)

Coin Index Numbers: (PCGS# 5335, GSID# 5102)

Metal: 89.24% Silver, 10.76% Copper
Weight: 6.74 grams
ASW: 0.21oz
Mintage: 168,000

View all of [The Findley Collection ]

View Certification Details from PCGS