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1828 25C B-4, R.3, MS65 NGC....

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Sold on May 12, 2015 for:
$19,975.00 Bid Source: Live: Floor bidder
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Description

1828 B-4 Quarter, Fantastically Toned MS65
High Condition Census for the Variety

1828 25C B-4, R.3, MS65 NGC. This Gem 1828 Bust quarter displays fantastic copper-gold patina primarily on the lower reaches of the obverse and the upper reaches of the reverse, while the upper obverse displays mint-green and the lower reverse metallic blue. The strike is sharp, if not quite full, on the essential design details throughout both sides.

Variety: B-4, R.3. Star 1 is closer to the dentils than to the bust. The 2 in the denomination has a curled base, and the F in OF is low. This variety is scarce, at R.3 far more elusive than the R.1 B-1 variety and far more available than the B-2 and B-3 varieties, each R.5.

Population Data (3/15): For the date, NGC reports four MS65 (one MS65 ★ ) and two MS67 (one MS67 ★ ) finer. PCGS shows four in MS65 (one MS65+) and none finer. The finest B-4 certified at NGC is an MS63. At the PR65/MS65 grade level, this piece is tied with seven or eight other examples atop the Condition Census in Early Quarter Dollars of the United States Mint by Rea et al.

Heritage Commentary: The mintage for the 1828 quarters was 102,000 pieces, or 106,000 if one includes the delivery from late December 1827, which the Rea-Peterson-Karoleff-Kovach reference assumes consisted of 1828-dated pieces. The date is a study in rarity and condition distribution. Even though three of the four varieties share a common obverse, they range from common or R.1 (B-1) to scarce (B-3) to quite rare (the B-2 with square base 2 in the denomination and the B-3 with 25/50 reverse). Despite the wide rarity distribution, Gems and even higher-graded survivors are known of each die variety, as well as proof examples of the B-4.

Provenance: Superior (10/2000), lot 3143.

Coin Index Numbers: (NGC ID# 23RV, Variety PCGS# 38978, Base PCGS# 5342, Greysheet# 212717)

Weight: 6.74 grams

Metal: 89.24% Silver, 10.76% Copper

View Certification Details from NGC

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: 12
Lot Tracking Activity: N/A
Page Views: 958

Buyer's Premium per Lot:
17.5% of the successful bid per lot.

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Sold on May 12, 2015 for: $19,975.00
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