LOT #33348 |
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1828 25C 25/5/50C MS67 ★ NGC. CAC. B-3, R.5....
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Sold on Nov 15, 2013 for:
$352,500.00
Bid Source: Live: Floor bidder
Description
1828 B-3 Quarter Dollar, MS67 ★
Desirable 25/5/50 Error Reverse
The Finest Certified 1828 Quarter Dollar
1828 25C 25/5/50C MS67 ★ NGC. CAC. B-3, R.5. Ex: "Col."
E.H.R. Green. This is the rarest of the four die marriages known
for 1828, coming with the rare and desirable overfraction error
reverse, an example of the popular "1828, 25 Over 50C" Guide
Book type.The obverse die is shared with the 1828 B-1 and B-2 die marriages. Star 1 is close to the bust, and stars 7, 9, 10, 11, and 13 are repunched.
The reverse die for this marriage was last used six years previously to strike the 1822 B-2 variety. Since the die was stored for so long, some specimens of the 1828 B-3 show die rust on the reverse, below the scroll and above the left wing, around the ME of AMERICA, and by the arrowheads. The scroll begins under the left side of the right serif of the E in UNITED and ends under the left side of the right foot of the A in STATES. The feather on the arrow is over the right half of the 2 in 25C; the olive stem is over the center of the C. This blundered reverse has the 25/5/50 denomination. A good close-up photo of the 25/5/50 denomination appears in Early Quarter Dollars of the United States Mint by Rea et al.
The Newman Collection coin is struck from Die State P, perfect dies, with no signs of die rust. This incredible MS67 ★ example is the finest certified of the B-3 die marriage and the finest 1828 quarter, regardless of die pairing. A photographic census for the variety appears in Early Quarter Dollars of the United States Mint.
Splendid blue and gold toning flows across both sides of this exceptional coin. Liberty and the eagle are frosty and lustrous, standing out against the more deeply toned peripheries, a simply phenomenal early Bust quarter.
Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $50.00; Eric P. Newman Numismatic Education Society.(Registry values: P5)
Coin Index Numbers: (PCGS# 5343, Greysheet# 5078)
Metal: 89.24% Silver, 10.76% Copper
Weight: 6.74 grams
ASW: 0.21oz
Mintage: 102,000
Auction Info
2013 November 15 - 16 Selections from the Eric P. Newman Collection Part II Signature Auction - New York #1190 (go to Auction Home page)
Auction Dates
November, 2013
15th-16th
Friday-Saturday
Bids + Registered Phone Bidders: 22
Lot Tracking Activity: N/A
Page Views: 4,065
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
Truth Seeker: The Life of Eric P. Newman (softcover)
A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
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