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    Description

    1802/1 Quarter Eagle, BD-3, MS61
    Delightfully Original Coloration

    1802/1 $2 1/2 BD-3, R.5, MS61 NGC. Ex: Hilt Collection. Bass-Dannreuther Die State b/b. BD-3 is the second rarest variety of the 1802 quarter eagle, scarcer than BD-1, but not quite as elusive as BD-2. This is the third and final use of this obverse die, which is shared by the other two 1802 varieties. The reverse die is seen here in its only quarter eagle pairing, but was also employed for the JR-1 1802 dime and the JR-1 1803 dime. A study of die states on these three issues suggests that this reverse was first used for the BD-3 quarter eagle, then briefly employed for the 1802 dime, then repaired with the quarter eagle obverse for a second production run of that denomination, and finally used for the 1803 dime, where it terminally cracked. The cross-usage of the quarter eagle and dime reverse dies during this period was a cost-reducing measure, as the two denominations were within a millimeter of the having the same diameter.

    The present Mint State BD-3 example is richly patinated in original bronze-gold patina with gentle peach and coppery-gold overtones on each side. The peripheries are sharply brought up, though the extreme centers are not fully defined. The central reverse shows the remnants of some faint, crisscrossing adjustment marks. An impressively appealing example of this rare variety.
    From The Liberty USA Collection. (NGC ID# 25F6, Variety PCGS# 45508, Base PCGS# 7650)

    Weight: 4.37 grams

    Metal: 91.67% Gold, 8.33% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

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    Auction Dates
    January, 2015
    7th-12th Wednesday-Monday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
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