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Description

1838 Capped Bust Quarter, B-1
Richly Toned Gem

1838 25C MS65 PCGS. CAC. B-1, R.1. The 1838 Capped Bust quarters are the last of the design, as all other denominations had transitioned by this time to the new Seated Liberty motif. Only a single die marriage is known for the 1838 Capped Bust quarter dollar, a high number for this transitional year. The recorded mintage for the issue was 366,000 coins, although some of the coins may have been dated 1837. Some researchers believe that the Mint started hubbing dies for the Capped Bust quarters during the year, which would make the dies indistinguishable (Rea, Peterson et al., 2010). In any case, the total mintage is remarkably high for a single die pair. This richly toned Gem features a mixture of antique-gold and steel-blue shades with frosty underlying luster. Although the major design elements display excellent detail, noticeable weakness appears t the borders. Population: 5 in 65, 1 finer (11/11).
Ex: FUN Signature (Heritage, 1/2006), lot 3150, which realized $13,800; Denver Platinum Night (Heritage, 8/2006), which garnered $19,500. (Registry values: P2) (NGC ID# 23S5, PCGS# 5357)

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Auction Info

Auction Dates
January, 2012
3rd-8th
Internet/Mail/Phone Bidders: 8
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Page Views: 467

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