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Lot
4733

1829 $2 1/2 MS63 PCGS. CAC. Breen-6132, BD-1, High R.4....

2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando #1166

 
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Auction Ended On: Jan 5, 2012
Item Activity: 7 Internet/mail/phone bidders
608 page views
Location: Orange County Convention Center
North/South Building
9899 Universal Blvd.
Hall SB - South Building
Orlando, FL 32819

Description:
Select 1829 Quarter Eagle, BD-1
Fully Struck and Deeply Reflective
1829 $2 1/2 MS63 PCGS. CAC. Breen-6132, BD-1, High R.4. Bass-Dannreuther Die State a/a. After skipping the denomination in 1828, in 1829 the Mint again struck quarter eagles, and again the mintage was tiny, at 3,403 coins. The 1829 is the first issue of a new subtype, one the Guide Book calls, in full, Capped Head to Left, Reduced Diameter (1829-1834). John Dannreuther writes:

"The main change for this type was not the modified design or the punched, bead-like dentils, but the striking of the coins in a close collar. This not only added a third die that produced the reeding, it allowed a higher obverse and reverse rim to be cut into the die. These higher rims made possible more sculptured designs and protected the devices, lettering, date, and fields from wear."


Understandably, only a single die pair was required, and the new design subtype meant that only the prime die state is known (no reuse of earlier dies). The present Select Mint State coin is one of eight such submissions at PCGS and there are another eight finer, although it is difficult to conceive of a more aesthetically pleasing example (11/11). The surfaces throughout each side are dazzling and deeply reflective, and only the most minor field marks on each side disturb the uniform, mirrorlike sheen. The strike is full throughout the obverse, including the high-point hair curls under Liberty's headband and all star centrils. A touch of strike weakness is confined to the vertical shield stripes, but the wing feathers overall boast marvelous articulation. Distinctive, original yellow-gold coloration prevails on each side.(Registry values: P4) (NGC ID# 25FK, PCGS# 7669)

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