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    1825 Quarter Eagle, BD-2, MS63+ Prooflike
    Scarce in All Grades, Stellar Eye Appeal

    1825 $2 1/2 BD-2, High R.4, MS63+ Prooflike NGC. Bass-Dannreuther Die State a/a. Surprisingly, three die pairs were used for quarter eagle coinage in 1825, despite a total production of only 4,434 coins. BD-2 is by far the most available, but it is still itself scarce, with only 80 to 100 examples believed extant; there are only 12 to 15 examples known of each of the other varieties, which obviously makes them out of reach for most collectors. All varieties included, there are only 104 to 130 1825 quarter eagles known in all grades, which points to the immense rarity of this type in general.

    BD-2 shares its reverse die (a leftover 1821 tail die that was also used for the single 1824 variety) with BD-1, and the obverse is later employed for BD-3 following a crack in the 1821 tail die that appears in a later state of this BD-2 marriage. What caused coinage with the BD-1 1825 dies to be halted is not clear; conventional wisdom would suggest that the BD-1 obverse must have failed, although the variety is so rare that if a terminal die state existed at one point, it is not currently known to numismatists. The BD-2 obverse was paired with a new reverse for BD-3 production; that die pair was only briefly used, as evidence by its modern-day rarity and the lack of late die state evidence.

    This BD-2 representative is a magnificent coin, yielding a very early die state with both sides showing distinct prooflike reflectivity. The strike is even and well-centered; the border denticle's and the central obverse exhibit razor-sharp detail, but minor weakness is noted on the central reverse shield stripes. Close study with a loupe reveals a few light disruptions in the bright yellow-gold fields, but none are individually obvious and the overall eye appeal is exceptional for the MS63 numerical level.

    This piece is among the finer-known examples of the 1825 quarter eagle, and is the slightly finer (by the margin of the Plus designation) of just two Prooflike examples certified by NGC. Numerically finer non-Prooflike coins include just seven pieces at NGC, and only six at PCGS (3/15). An opportunity to acquire an 1825 quarter eagle of this caliber is rare, and the advanced early gold specialist should take a second look at this impressive coin. (NGC ID# 25FG, Variety PCGS# 45519, Base PCGS# 7664)

    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
    April, 2015
    22nd-26th Wednesday-Sunday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
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