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Lot
33348

1828 25C 25/5/50C MS67 NGC. CAC. B-3, R.5....

2013 November 15 - 16 Selections from the Eric P. Newman Collection Part II Signature Auction - New York #1190

 
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Auction Ended On: Nov 15, 2013
Item Activity: 13 Internet/mail/phone bidders
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Location: Ukrainian Institute of America at The Fletcher-Sinclair Mansion
2 East 79th Street
New York, NY 10075

Description:
1828 B-3 Quarter Dollar, MS67
Desirable 25/5/50 Error Reverse
The Finest Certified 1828 Quarter Dollar
1828 25C 25/5/50C MS67 NGC. CAC. B-3, R.5. Ex: "Col." E.H.R. Green. This is the rarest of the four die marriages known for 1828, coming with the rare and desirable overfraction error reverse, an example of the popular "1828, 25 Over 50C" Guide Book type.

The obverse die is shared with the 1828 B-1 and B-2 die marriages. Star 1 is close to the bust, and stars 7, 9, 10, 11, and 13 are repunched.

The reverse die for this marriage was last used six years previously to strike the 1822 B-2 variety. Since the die was stored for so long, some specimens of the 1828 B-3 show die rust on the reverse, below the scroll and above the left wing, around the ME of AMERICA, and by the arrowheads. The scroll begins under the left side of the right serif of the E in UNITED and ends under the left side of the right foot of the A in STATES. The feather on the arrow is over the right half of the 2 in 25C; the olive stem is over the center of the C. This blundered reverse has the 25/5/50 denomination. A good close-up photo of the 25/5/50 denomination appears in Early Quarter Dollars of the United States Mint by Rea et al.

The Newman Collection coin is struck from Die State P, perfect dies, with no signs of die rust. This incredible MS67 example is the finest certified of the B-3 die marriage and the finest 1828 quarter, regardless of die pairing. A photographic census for the variety appears in Early Quarter Dollars of the United States Mint.

Splendid blue and gold toning flows across both sides of this exceptional coin. Liberty and the eagle are frosty and lustrous, standing out against the more deeply toned peripheries, a simply phenomenal early Bust quarter.
Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $50.00; Eric P. Newman Numismatic Education Society.(Registry values: P5) (NGC ID# 23RV, PCGS# 5343)
Items being sold are from the extensive collection of Eric P. Newman Numismatic Education Society (a Missouri not-for-profit corporation) and have been assembled over a period of 90 years. Proceeds of the sale of all items will be used exclusively for supplementing the Society’s museum operations and scholarly numismatic research efforts and for the benefit of other not-for-profit institutions selected by Eric P. Newman Numismatic Education Society for public purposes.

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