August 2014 Chicago ANA Lot #11019

Donald E. Stephens Convention Center
8/6/2014 4:30:00 PM8/6/2014 11:59:00 PM
  • NGC

  • 62
 

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Description

1825 Capped Head Left Quarter Eagle. BD-1. Rarity-6+. Die State a/a. Thin Top 5, Distant Fraction. MS-62 (NGC).
Frosty Mint State 1825 BD-1 Quarter Eagle Rarity

To view more detailed information on the collection click here

Die Variety: The obverse die has a thin top to the 5, which is even with the top and bottom of the 2. The left base of 1 between dentils, 114 dentils on the obverse (previous 100 and 98 dentils seen). The reverse die continues from 1821 with the 1/2 fraction digits distant from the fraction bar and large D in denomination. The 1825 quarter eagle has a mintage of 4,434, and incredibly, three different die varieties are known. BD-1 and BD-3 are represented by a dozen or so coins; BD-2 is more plentiful, as 80 to 100 are known.

Die State: a/a. Both dies are free of any cracks or clashing evidence. The obverse die was retired after the short-lived production of this variety; although no reason is known it must have suffered a failure to require replacement or it likely would have been used again in 1825 or later.

Estimated mintage for the variety: 250 to 750 coins out of 4,434 struck of the date. 

Estimated surviving population: 12 to 15 coins.

Strike: The obverse devices are all boldly struck and the fields show nearly full reflectivity. Examination of the reverse finds a matching bold strike on the eagle and shield, but with some lightly struck areas seen in places.

Surfaces: The attractive surfaces hold up well under examination, and the delicate mirror fields show only light handling evidence with no distracting marks or nicks. Attractive toning blends crimson-copper over deep orange-gold on both sides. An outstanding rarity in any grade, this pleasing Mint State coin is undoubtedly one of the finest known of this rare die pairing. 

Commentary: One example exists in the Harry W. Bass, Jr. Collection that was first struck about 50 percent off-center, and then struck properly a second time. Traces of the first strike are present, and this coin is plated in the Bass-Dannreuther reference on page 96. 

Q. David Bowers: This is a lovely example of the variety. Likely, as the Bass-Dannreuther text increases its distribution, interest in die varieties will expand.

John W. Dannreuther: The BD-2 variety for this year is available, so the two rare issues have seen little demand, as collectors can obtain the date. However, this BD-1 example and the BD-3 two lots later are true rarities. Both varieties are nearly R-7 and if they were in heavily collected series such as large cents, they would be mega-rarities bringing mid six-figure prices. The astute collector will recognize that such quarter eagle rarities will be more appreciated as time passes. 


PCGS# 7664. NGC ID: 25FG.
Pedigree: From the Dr. James A. Ferrendelli Collection. Earlier from David Lawrence's sale of the Richmond Collection, Part I, July 2004, lot 1087; and our (ANR/Stack's) Atlanta Sale, October 2005, lot 5364. 
NGC Census: 4; 7 finer within all categories and varieties of 1825 (MS-66 finest).

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Click here for NGC Coin Explorer

Pricing Guide
Grade NumisMedia Coin World Collector's Universe High Market Price
62 --- --- $51,500.00 $51,500.00
62 $45,000.00 $50,000.00 $47,500.00 $50,000.00
63 --- --- $78,000.00 $78,000.00
63 $70,850.00 $65,000.00 $68,500.00 $70,850.00
All price data listed above is intended to be as accurate as possible. Stack’s Bowers Galleries insists that you contact each pricing source for further verification. No purchasing decisions should be made on this data alone, which is provided as a service and convenience to our customers. Returns based on inaccurate data will not be accepted.
Population Guide
Grade Service Pop in this Grade Pop in Higher Grades Pop in All Grades
All population information listed above is intended to be as accurate as possible. Stack’s Bowers Galleries insists that you contact each certification source for further verification. No purchasing decisions should be made on this data alone, which is provided as a service and convenience to our customers. Returns based on inaccurate data will not be accepted.
Coin Specifications
Category
Mint Location
Mintage 0
Designer
Composition
Weight 0 g
Melt Value 0$0.00
Diameter 0 mm

 

Lot Selection
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    Current Bid: 10.00

    1821 Capped Head Left Quarter Eagle. BD-1, the only known dies. Rarity-5. Die State a/a. AU-55 (PCGS).

  • Lot 11018

    1824/1 Capped Head Left Quarter Eagle. BD-1, the only known dies. Rarity-5. Die State a/a. AU-58 (PCGS).

    Current Bid: 110.00

    1824/1 Capped Head Left Quarter Eagle. BD-1, the only known dies. Rarity-5. Die State a/a. AU-58 (PCGS).

  • Lot 11019

    1825 Capped Head Left Quarter Eagle. BD-1. Rarity-6+. Die State a/a. Thin Top 5, Distant Fraction. MS-62 (NGC).

    Current Bid: 10.00

    1825 Capped Head Left Quarter Eagle. BD-1. Rarity-6+. Die State a/a. Thin Top 5, Distant Fraction. MS-62 (NGC).

  • Lot 11020

    1825 Capped Head Left Quarter Eagle. BD-2. Rarity-4+. Die State a/a. Recut 5, Distant Fraction. AU-55 (PCGS). CAC.

    Current Bid: 10.00

    1825 Capped Head Left Quarter Eagle. BD-2. Rarity-4+. Die State a/a. Recut 5, Distant Fraction. AU-55 (PCGS). CAC.

  • Lot 11021

    1825 Capped Head Left Quarter Eagle. BD-3. Rarity-6+. Die State a/a. Recut 5, Close Fraction. MS-61 (PCGS).

    Current Bid: 550.00

    1825 Capped Head Left Quarter Eagle. BD-3. Rarity-6+. Die State a/a. Recut 5, Close Fraction. MS-61 (PCGS).

  • Lot 11022

    1826/6 (a.k.a. 1826/'5') Capped Head Left Quarter Eagle. BD-1, the only known dies. Die State a/a. AU-58 (NGC).

    Current Bid: 10.00

    1826/6 (a.k.a. 1826/