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    Description

    1833 BD-1 Quarter Eagle, MS64
    Extremely Rare This Fine

    1833 $2 1/2 BD-1, R.5, MS64 NGC. Bass-Dannreuther Die State a/c. There is only one die pairing and one die state known for this rare low-mintage date. Both 3s in the date are lightly recut, and the second 3 has faint evidence of a broken punch that looks like a short die crack. The reverse shows broad repunching on the U in UNITED and the I in AMERICA. Only 4,160 pieces were struck, but most were promptly melted since their bullion value exceeded face value. Only 60 to 80 pieces are believed known today in all grades. It was not until the next year, 1834, that the weight of gold coins was reduced, which allowed the new pieces to survive in circulation. Only a handful of VF or XF examples are known. Most survivors are in AU or lower Mint State grades. NGC and PCGS combined have certified only six examples above the MS64 level.

    This piece has smooth, unmarked olive-gold surfaces with a hint of deeper green-gold color around the margins. Both sides are moderately well-struck, but with some localized softness on the peripheries, specifically flatness on the stars, and on the left-hand portion of the central shield and on Liberty's hair curls. The open fields are semiprooflike. While rarely encountered in any grade, a higher-end example such as this is seldom seen. This desirable near-Gem is worthy of the finest-quality early gold date or type set. Census: 5 in 64, 2 finer (6/15).
    Ex: ANA Signature (Heritage, 4/2006), lot 1581; FUN Signature (Heritage, 1/2009), lot 4006; Central States Signature (Heritage, 4/2011), lot 5327; Chicago Signature (Heritage, 8/2011), lot 7451. (NGC ID# BFWC, Variety PCGS# 45527, Base PCGS# 7673)

    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
    August, 2015
    12th-16th Wednesday-Sunday
    Bids + Registered Phone Bidders: 14
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