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Description

1838 B-1 Capped Bust Quarter, MS65
Richly Toned

1838 25C B-1, R.1, MS65 PCGS. CAC. Ex: Bender Collection. The 1838 Capped Bust quarters are the last of the design, as all other denominations had transitioned by this time to the new Seated Liberty motif. Only a single die marriage is known for the 1838 Capped Bust quarter dollar. The recorded mintage for the issue was 366,000 coins, although some may have been dated 1837. Some researchers believe that the Mint started hubbing dies for the Capped Bust quarters during the year, which would make the dies indistinguishable (Rea, Peterson et al., 2010). In any case, the total mintage is remarkably high for a single die pair. This richly toned Gem features a mixture of antique-gold and steel-blue shades with frosty underlying luster. Although the major design elements display excellent detail, noticeable weakness appears t the borders. Population: 5 in 65 (1 in 65+), 1 finer. CAC: 4 in 65, 1 finer (10/22).
Ex: FUN Signature (Heritage, 1/2006), lot 3150, where it realized $13,800; Denver Platinum Night (Heritage, 8/2006), which garnered $19,500; FUN Signature (Heritage, 1/2012), lot 3179; The Jim O'Neal Collection / Central States Signature (Heritage, 4/2013), lot 4205, where it sold for $25,850.
From The Bender Family Collection.

Coin Index Numbers: (NGC ID# 23S5, Variety PCGS# 39015, Base PCGS# 5357, GSID# 393250)

Metal: 90% Silver, 10% Copper
Weight: 6.68 grams
ASW: 0.19329oz
Mintage: 366,000


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Auction Info

Auction Dates
January, 2023
11th-15th Wednesday-Sunday
Bids + Registered Phone Bidders: 17
Lot Tracking Activity: N/A
Page Views: 706

Buyer's Premium per Lot:
20% of the successful bid per lot.

Sold on Jan 12, 2023 for: $28,800.00
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