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    1833 Quarter Eagle, BD-1, R.5, MS66
    Ex: James A. Stack, Sr., The Pogue 'Duplicate'
    Wonderful Preservation

    1833 $2 1/2 BD-1, R.5, MS66 PCGS. Ex: D. Brent Pogue, and encapsulated in the special Pogue PCGS holders from the Stack's Bowers sales. Bass-Dannreuther Die State a/c. Only a single die pair was apparently employed -- only one is known, and the odds against a second die pair appearing, while not nil, are extremely low -- for the meager mintage of 1833-dated quarter eagles, recorded as 4,160 pieces. This was a typical mintage for all of the 1829-1834 With Motto dates of the Reduced Diameter quarter eagle issues, all struck to the extent of about 3,400-4,500 pieces per year.

    The obverse die was obviously used only for 1833-dated quarter eagles, but the reverse die was carried over from 1830 and used consecutively until the series ended in 1834, accounting for the die lapping on the reverse (which apparently happened after the dies clashed in 1831) of which John Dannreuther comments, "distinguishing between State a and State c is nearly impossible." (The clashed Die State b is quite rare.)

    Regarding the apparent die cracks joining the knobs in the date, Dannreuther notes that they are from defective digit 3 punches, as they also appear on the 1833-dated silver dimes.

    While the 1829-1832 quarter eagle issues are all very scarce, the 1833 is rated rare at R.5 according to Bass-Dannreuther, and the 1834 With Motto is very rare or R.6. This means that 60 to 80 pieces are estimated to survive of the 1833 quarter eagle, but in any case, this phenomenal Premium Gem is certainly among the few finest survivors. The luster is fully prooflike throughout both sides, amid excellent honey-gold patina with scattered orange accents and simply no marks worthy of mention. The strike is sharp on all obverse stars, although the lock before Liberty's ear is weak (weaker than on the Bass specimen, which Dannreuther calls a proof), and the first two lines in the shield show minor joining of some of the stripes, and strike weakness shows along the left shield border. Raised die lines show on the lower portrait of Liberty, and a small planchet depression above 83 in the date.

    But these are quibbling trifles on a coin in such a wonderful state of preservation, offering eye appeal that is simply off the charts. PCGS reports only this single 1833 quarter eagle in MS66, along with one MS66+ marginally finer, both depicted in all their splendor on the CoinFacts website. Both of those coins hail from the D. Brent Pogue Collection, Part II offering, where this piece was offered as the "The James A. Stack 1833 Quarter Eagle -- A Duplicate Only Pogue Could Own."
    Ex: James A. Stack, Sr. Collection (before 1949); James A. Stack, Jr.; James A. Stack, Sr. Collection (Stack's, 10/1994), lot 849; Silvano DiGenova to the Great Lakes Collection; Larry Hanks, private trade (2000); D. Brent Pogue; D. Brent Pogue Collection, Part II (Stack's Bowers Galleries / Sotheby's, lot 2057), which realized $129,250.

    Coin Index Numbers: (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.

    Auction Info

    Auction Dates
    Apr-May, 2016
    27th-1st Wednesday-Sunday
    Bids + Registered Phone Bidders: 23
    Lot Tracking Activity: N/A
    Page Views: 1,418

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