1818/5 25C

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Sold on Jan 5, 2001 for:

$4,312.50 Bid Source: Live: Floor bidder

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Description

Boldly Defined, Carefully Preserved 1818/5 Capped Bust Quarter

1818/5 25C MS 64 PCGS. B-1, R.3. Introduced in 1815, John Reich's Capped Bust quarter did not begin yearly production until 1818. Scarcity of bullion during the War of 1812 limited the original deliveries to 69,232 coins in 1815 and 20,003 pieces in early 1816, all dated 1815. Shortly after the 1816 delivery, a fire ravaged the Philadelphia Mint and suspended production of this denomination until 1818. To expedite the first quarter delivery in 1818, the Mint modified a pair of previously unused 1815-dated dies, engraving a second 8 over the 5 in the date. Remnants of the underdigit are visible within the upper loop of this 8.
An impressive coin in terms of technical quality, both sides are sharply defined in all areas. The surfaces are smooth and essentially distraction-free. There are clashmarks (as struck) in the fields, but soft orange-tan iridescence dominates this coin's outward appearance. Population: 11 in 64, with a mere 4 finer (10/00).
From the Bob Bisanz U.S. Type Set.

Coin Index Numbers: (PCGS# 5323, GSID# 5099)

Metal: 89.24% Silver, 10.76% Copper
Weight: 6.74 grams
ASW: 0.19338oz
Mintage: 361,174

View Certification Details from PCGS