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1823/2 25C VF30 NGC....

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Sold on Apr 30, 2009 for:
$74,750.00 Bid Source: HA.com/Live bidder
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Description

Splendid 1823/2 B-1 Quarter, VF30
From the Garrett Collection

1823/2 25C VF30 NGC. B-1, High R.5. In his new reference, Early United States Quarters 1796 - 1838, Steve Tompkins provided more in depth information about the 1823/2 Capped Bust quarter than any other author has even thought possible. He began: "The 1823/2 Bust Quarter is one of the great rarities of the early Federal coinage series. Historically and specific to the quarter denomination, the 1796 and 1827/3/2 dates have enjoyed center stage in the rarity spotlight. While carrying comparable credentials, the 1823/2 date has languished off-stage in the shadows. In spite of much speculation over the years, the true rarity of the 1823/2 Bust Quarter has been un-promoted and under appreciated." Tompkins continued to provide a pedigree roster of 31 known examples, including a single proof, and others that grade from MS61 down to Fair 2. This example holds spot number 11 in his list, and traces its pedigree to the magnificent Garrett Collection. In the Garrett catalog, it was undergraded as Fine.
This desirable representative displays balanced wear in addition to pleasing olive-brown and iridescent turquoise-blue surfaces. A single thin, shallow mark is the only one noticeable under the obverse toning, which is located in the left field area between Liberty's nose and star 5. The reverse is just as carefully preserved. Bust quarter specialists will no doubt be very interested in this coin, one of the most challenging rarities in the entire series.
Ex: J. Colvin Randall; T. Harrison Garrett; John Work Garrett; The Johns Hopkins University (Bowers and Ruddy, 3/1980), lot 637; The Paulsboro Collection, Part Three (Heritage, 8/2004), lot 5927.
From The Joseph C. Thomas Collection.(Registry values: P8)

Coin Index Numbers: (PCGS# 5334, GSID# 5100)

Metal: 89.24% Silver, 10.76% Copper
Weight: 6.74 grams
ASW: 0.19338oz
Mintage: 17,800

View all of [The Joseph C. Thomas Collection, Part One ]

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Auction Info

2009 April-May Cincinnati, OH (CSNS) US Coin Auction #1124 (go to Auction Home page)
Auction Dates
Apr-May, 2009
29th-3rd Wednesday-Sunday
Bids + Registered Phone Bidders: 16
Lot Tracking Activity: N/A
Page Views: 3,234

Buyer's Premium per Lot:
15% of the successful bid per lot.

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Sold on Apr 30, 2009 for: $74,750.00
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