LOT #98322 |
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1828 25C 25 Over 50C, B-3, R.5, MS67 ★ NGC. CAC....
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Sold on May 12, 2015 for:
$282,000.00
Bid Source: Internet bidder
Description
1828 B-3 Quarter, MS67 ★
Desirable 25/5/50 Error Reverse, R.5
The Finest Certified 1828 Quarter
1828 25C 25 Over 50C, B-3, R.5, MS67 ★ NGC. CAC. Ex: "Col."
E.H.R. Green/Eric P. Newman Collection. Splendid blue and gold
toning flows across both sides of this exceptional Superb Gem NGC
Star-designated 1828 quarter. Liberty and the eagle are frosty and
lustrous, standing out against the more deeply toned peripheries, a
simply phenomenal early Bust quarter and an example of the rare B-3
die marriage. This piece is the "plate coin" for the 1828 quarters
on NGC's Coin Explorer website.Variety: B-3, R.5. This is the rarest of the four die marriages known for 1828, coming with the rare and desirable overdenomination 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 closeup photo of the 25/5/50 denomination appears in Early Quarter Dollars of the United States Mint by Rea et al. Die State: The Newman Collection coin is struck from Die State P, perfect dies, showing no signs of die rust.
Population Data (3/15): This incredible MS67 ★ NGC example is the finest certified of the B-3 die marriage and the finest 1828 quarter, regardless of die pairing. One other 1828 quarter, not attributed for variety, resides at the MS67 grade level at NGC but lacks the Star designation. The finest at PCGS are five Gems (one in MS65+). A photographic census for the variety appears in Early Quarter Dollars of the United States Mint.
Heritage Commentary: Aside from an earlier appearance of this same coin, this is the only Mint State B-3 representative we have handled in the past two decades. It is also the finest 1828 quarter dollar we have offered at auction by two grade points. For the variety or date collector, this magnificent coin is the epitome of perfection.
Provenance: "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.
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
Auction Info
2015 May 12 The Eugene H. Gardner Collection III US Coins Signature Auction - New York #1228 (go to Auction Home page)
Auction Dates
May, 2015
12th
Tuesday
Bids + Registered Phone Bidders: 20
Lot Tracking Activity: N/A
Page Views: 2,993
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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