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1825/1 Half Eagle, MS62
Rare Overdate, BD-1 Variety
Only Four Finer Coins at PCGS

1825/1 $5 MS62 PCGS. CAC. Breen-6483, BD-1, High R.5. All half eagles produced in 1825 are overdates, with two distinct varieties known for the date. The BD-1 variety, represented by the coin offered here, has historically been called the 1825/1, because the underdigit resembles a 1 more than anything else, but John Dannreuther believes the numeral is actually a partially effaced 4. The other die variety for the year has always been called the 1825/4 because the undertype is easily recognizable. The two varieties share the same reverse, but the obverse die differs in several respects, most notably the placement of the 8 in the date. The 8 on the BD-1 variety is considerably lower than on the BD-2, so the BD-2 is definitely not just a different die state of the BD-1, as some researchers have suggested. NGC has begun to certify this issue as 1825/4 Partial 4, but PCGS retains the older 1825/1 nomenclature.
The BD-1 variety is a rare coin in today's market, with both PCGS and John Dannreuther estimating the surviving population at 25-30 examples in all grades (the BD-2 is extremely rare, with just two specimens known). The BD-1 probably accounted for about 15,000-17,500 examples of the reported 20,060 piece mintage for the year. PCGS and NGC have combined to certify only 20 coins of the BD-1 variety in all grades (11/11).
The present coin is an impressive MS62 specimen, with prooflike greenish-gold surfaces, highlighted by vivid traces of orange. The design elements are well-detailed, and the overdate is plainly visible. This coin possesses terrific eye appeal to complement the Mint State preservation rarely seen on coins of this era. Population: 1 in 62, 4 finer (11/11).
From The Harvey B. Jacobson, Jr. Collection.(Registry values: P6) (NGC ID# 25R2, PCGS# 8133)

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Auction Dates
January, 2012
Internet/Mail/Phone Bidders: 11
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My family and I would not have this amazing keepsake memory of my dad's collection without all the hard work, beautiful photos, tasteful layout and eloquent descriptions that you and your team did.
Sheri Reid Grant,
Auburn Hills, MI
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