Menu
Welcome Sign-In | Join Now
Sold for Sign-in or Join (free & quick) includes Buyer's Premium (BP) 

Description

1833 Quarter Eagle, BD-1, MS64
Extensively Melted Issue
Rare in the Better Mint State Grades

1833 $2 1/2 MS64 NGC. Breen-6136, BD-1, R.5. Bass-Dannreuther Obverse State a / Reverse State c. There is only one die pairing and one die state known for this rare low-mintage date. Both 3s in the date are lightly recut, and the second 3 has faint evidence of a broken punch that looks like a short die crack. The reverse shows broad repunching on the U in UNITED and the I in AMERICA. Only 4,160 pieces were struck, but most were promptly melted since their bullion value exceeded face value. Only 60 to 80 pieces are believed known today in all grades. It was not until the next year, 1834, that the weight of gold coins was reduced, which allowed the new pieces to enter circulation. PCGS has certified two 1833 quarter eagles in VF grades, but they were likely carried as souvenirs by a 19th century owner. Most survivors are in AU or lower Mint State grades. NGC and PCGS combined have certified only six examples above the MS64 level.
This piece has remarkably smooth, unmarked olive-gold surfaces with a pronounced red accent around the margins. Both sides are sharply struck on the central devices with some localized softness on the peripheries, specifically flatness on the stars. There is slight weakness on Liberty's hair curls and the left side of the shield and adjacent eagle's wing -- the usual places one finds softness on these pieces. The open fields are semiprooflike. While rarely encountered in any grade, such a high-grade example as this is seldom seen. This desirable, high-grade near-Gem is worthy of the finest-quality early gold date or type set. Census: 6 in 64, 2 finer (7/11).(Registry values: P5) (NGC ID# 25FP, PCGS# 7673)

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
August, 2011
11th-14th
Internet/Mail/Phone Bidders: 8
Members Tracking: N/A
Page Views: 801

Buyer's Premium per Lot:
15% of the successful bid (minimum $14) per lot.

Heritage membership

941,630
bidder-members
$883,856,462
sold in the last year

Join Now - It's Free

VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 

Consignments wanted

Only 42 days left to consign to the 2015 October 29 - November 2 US Coins Signature Auction - New York!

Learn about consigning with us

I want to thank you and Heritage for the services provided above and beyond those one would expect from an auction house.
[ Entire Letter » ]
Larry A. Moody, Senior Internal Auditor, University of Alabama,
Tuscaloosa, AL
View More Testimonials

HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com

Video tutorial

Getting the most out of search

Recent auctions

2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
REALIZED $8,306,961
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
REALIZED $6,503,481
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
REALIZED $10,592,191

© 2015 Heritage Auctions | All Rights Reserved