LOT #3722 |
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1828 25C 25 Over 50C, B-3, R.5, MS63 PCGS. CAC....
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Sold on Feb 9, 2023 for:
$72,000.00
Bid Source: HA.com/Live bidder
Description
1828 B-3 Quarter, MS63
Popular 25/5/50 Error Reverse
Condition Census Example, CAC Endorsed
1828 25C 25 Over 50C, B-3, R.5, MS63 PCGS. CAC. Ex:
Pogue-Bender. The Capped Bust issues of the 1820s offer almost
unlimited opportunities to satisfy variety specialists. It is
especially true in the Bust half dollar and Bust quarter series,
where overdates, repunchings, and recut letters or numerals abound.
Strange mixtures of letter and numeral sizes and styles occur from
date to date, and from variety to variety within a given date. But
the rarest of all such anomalies is the "corrected" denomination
error, which happens when the engraver grabbed an incorrect numeral
punch, or -- more likely -- simply lost track of which denomination
he was working on.We can think of two only two prominent instances when that occurred on Capped Bust coinage. One is the 1807 Capped Bust 50 over 20 half dollar error, seen on the O-111 and O-112 Bust half varieties. An even more spectacular instance is the 25 over 5 over 50C blunder seen on 1822 and 1828 quarters -- varieties B-2 and B-3 respectively -- which share the same botched reverse die. That Mint error captivates early quarter collectors. While the 1822 B-2 blunder is perhaps scarcer in circulated grades, the 1828 B-3 variety is actually rarer in Mint State and poses a major challenge to anyone forming a high-grade set including important varieties.
This is a well-pedigreed example of the error reverse. It was found in the Garrett Collection, possibly dating back to the late 1800s and T. Harrison Garrett. It did not appear at auction until the 1980 Bowers and Ruddy sale of the Garrett Collection, and most recently was a standout among the D. Brent Pogue early quarters. Considerable reflectivity remains beneath a deep-seated iridescence, perhaps from long storage in a Kraft envelope. Viewed under a light, subtle shades of blue, warm heather-gray, rose, and orange-gold play throughout both sides, illuminated by soft silver luster. The all-important denomination shows 25 clearly struck over 50, with the 5 double-punched first too low, then higher. On the obverse, the date is evenly spaced with the 8 leaning left. The strike is sharp in most areas, weakening slightly on the talons, with repunching on stars 7, 10, and 11. The eye appeal is exceptional, as indicated by CAC's endorsement. PCGS suggests 50 to 75 B-3 examples survive in all grades, with this coin tied with the former Norweb coin as finest at PCGS. Only the Eric P. Newman example is definitively finer. Population: 1 in 63, 0 finer. CAC: 1/0 (1/23).
Ex: Garrett Collection, Part II (Bowers and Ruddy, 3/1980), lot 643; Auction '85 (Superior, 7/1985), lot 679; unknown intermediaries; Richard Burdick by sale; D. Brent Pogue Collection, Part I (Stack's Bowers-Sotheby's, 5/2015), lot 1078; The Bender Family Collection.
Selections From The Bender Family Collection.
Coin Index Numbers: (NGC ID# 23RV, Variety PCGS# 38979, Base PCGS# 5343, Greysheet# 393249)
Weight: 6.74 grams
Metal: 89.24% Silver, 10.76% Copper
View all of [Selections from The Bender Family Collection ]
Auction Info
2023 February 9 - 12 Long Beach Expo US Coins Signature® Auction #1357 (go to Auction Home page)
Auction Dates
February, 2023
9th-12th
Thursday-Sunday
Bids + Registered Phone Bidders: 34
Lot Tracking Activity: N/A
Page Views: 887
Buyer's Premium per Lot:
20% of the successful bid per lot.
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