1825 Capped Head Left Quarter Eagle. BD-2. Rarity-4+. Die State a/a. Recut 5, Distant Fraction. AU-55 (PCGS). CAC.
Scarce 1825 BD-2 Capped Head Left Quarter Eagle
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Die Variety: This is a new obverse die that was likely engraved in 1825, but paired with the long running reverse die first seen in 1821 for this series. The obverse has a low 5, below both the top and bottom of the 2. The flag is repunched at the tip and the 5 is decidedly tilted counterclockwise. The left base of 1 is nearly over left edge of a dentil, and there are 105 dentils surrounding the die. The reverse die continues from 1821, with the Large Letters style with the larger A in the legend, but smaller M than seen on the Small Letters die introduced this year on the BD-3 variety. The left stand of the M is quite thin. The 1 / 2 fraction has both digits somewhat distant from the fraction bar, and the D in the denomination is large, much larger than the D in UNITED.
Die State: a/a. Both the obverse and reverse are free of any signs of cracks, clashing, or lapping. Curiously, both dies later failed while striking this variety and were replaced. The obverse failed with die sinking near star 13, while the reverse die that had been in use since 1821 finally cracked through the right side of the first T in STATES down to the right side wing juncture, eagle to the right side of the 2 to the edge below.
Estimated mintage for the variety: 2,000 to 3,000 coins (4,434 total for the year).
Estimated surviving population: 80 to 100 coins.
Strike: The strike is sharp on all design elements. This is a pleasing example for an advanced collector.
Surfaces: Excellent surfaces and eye appeal add to the desirability of this coin. Attractive orange-gold with residual reflectivity in the protected areas. The reverse is pleasing for its uniform matching color and attractive surfaces. Here indeed is a truly outstanding example of this rare quarter eagle
Commentary: This is the most available of the three die pairings known for quarter eagles of 1825, but should still be considered quite difficult to obtain in any grade as so few are known.
Q. David Bowers: As this is the most often seen variety of 1825 it is an ideal candidate for anyone assembling a set of Guide Book-listed issues.
PCGS# 7664. NGC ID: 25FG.
Pedigree: From the Dr. James A. Ferrendelli Collection. Earlier from Heritage's Sale of the Dr. Robert W. Dingle Collection, June 2001, lot 8830; and our (Bowers and Merena's) Rarities Sale of July 2002, lot 699.
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