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1825/4/2 25C B-2, R.2, MS66 NGC....
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Sold on Jan 29, 2015 for:
$28,200.00
Bid Source: HA.com/Live bidder
Description
1825/4/2 Quarter, B-2, MS66
Tied for Finest at NGC
1825/4/2 25C B-2, R.2, MS66 NGC. In the past, the overdate
varieties of the 1825 quarter have been the subject of much debate
in regards to exactly what the underlying numerals were; B-1 was
generally labeled an 1825/2, while B-2 and B-3 have been viewed as
1825/3, 1825/4, and more recently 1825/4/(2). A recent study of die
states and emissions sequences, however, outlined in-depth by Steve
Tompkins in his Early United States Quarters 1796 - 1838
(2008), suggests rather convincingly that all three 1825 varieties
were struck with just two different obverses, both of which are in
fact 1825/4/2 overdates.The first was used only for the B-1 marriage, while the second was used for B-2, then lapped, and reemployed for B-3. The story of how this remarkable scenario came to be is not set in stone, but a careful study of the available data suggests that both dies were prepared in 1822, but were unneeded for production, so they were shelved. In 1824, they were among three dies that were overdated for new coinage (likely by the hand of Christian Gobrecht), but were again not employed for production. Then, in 1825, they were overdated once more (this time by William Kneass) and finally used for coinage. This likely chain of events is substantiated by noticeable recutting on the 8 in the date of both obverses, a characteristic shared by the 1824/2 obverse that was used in that year and overdated by Christian Gobrecht.
Of the three 1825 overdate varieties, B-2 is the most frequently seen, but its availability in Mint State is nearly nil. NGC has certified and attributed only 26 examples in all levels of Uncirculated, with just two pieces in MS66 and none numerically finer (12/14). This example is lightly toned lavender-gray, with glowing underlying luster and notable preservation. The stars show complete radial lines and the central devices are sharply impressed, as well. This is an early die state piece, with the upper curve of the underlying 2 clearly evident to the right and left of the primary 5, and the horizontal crossbar of the 4 faintly visible within the lower loop of the same. An important condition rarity and an intriguing variety for the Capped Bust quarter specialist.
Coin Index Numbers: (NGC ID# 23RS, Variety PCGS# 38975, Base PCGS# 5336, GSID# 188565)
Metal: 89.24% Silver, 10.76% Copper
Weight: 6.74 grams
ASW: 0.19338oz
Auction Info
2015 January 29 - February 1 Long Beach Expo US Coins Signature Auction - Long Beach #1217 (go to Auction Home page)
Auction Dates
Jan-Feb, 2015
29th-1st
Thursday-Sunday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 1,312
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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