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    1829 BD-1 Quarter Eagle, MS65
    Prooflike Fields, Condition Census
    Incredible Early Gold Rarity

    1829 $2 1/2 BD-1, High R.4, MS65 NGC. Bass-Dannreuther Die State a/a, as always. In Early U.S. Gold Coin Varieties, John Dannreuther reports that Edgar Adams once listed a second variety of the 1829 quarter eagle, which may have been a coin in the Clapp collection. However, today only a single variety is known: BD-1. This is the only known use of both dies, and the variety is only known in the perfect die state. The small mintage of 3,403 pieces may have been accomplished without the dies cracking, but the possibility of a later die state turning up remains.

    The 1829 quarter eagle is seldom seen in any grade. Dannreuther estimates that only 70 to 90 pieces survive, and auction appearances are few and far between. The rarity of the issue balloons in the upper grades of Mint State. In fact, we have previously seen only a handful of pieces that graded anywhere close to MS65, and we have never previously handled a coin in this grade, despite NGC and PCGS each reporting the existence of two pieces. Only one coin is known finer -- it is graded MS67 PCGS, and it has not appeared at public auction since 2006, when we sold it for more than $316,000.

    This Gem example lives up to its lofty grade, showcasing prooflike fields and sharp detail across most of the design elements, including the peripheral stars. Only the vertical shield lines on the reverse lack complete definition. A small mark on the horizontal shield stripes just right of center serves as a pedigree marker, while the remainder of the surfaces are largely devoid of similar imperfections. Capped Head gold issues of this era are almost universally scarce to rare, and any Gem-quality coin -- regardless of date or variety -- is a major rarity. We are proud to offer this historic coin.

    Coin Index Numbers: (NGC ID# BFW7, Variety PCGS# 45523, Base PCGS# 7669)

    Weight: 4.37 grams

    Metal: 91.67% Gold, 8.33% Copper

    View Certification Details from NGC

    Auction Info

    Auction Dates
    September, 2020
    18th-20th Friday-Sunday
    Bids + Registered Phone Bidders: 44
    Lot Tracking Activity: N/A
    Page Views: 574

    Buyer's Premium per Lot:
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    Sold on Sep 18, 2020 for: Sign-in or Join (free & quick)
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