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Lot: 3224
Auction: 1116
1825 $2 1/2 MS61 PCGS....
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Sold for: Sign-in or Join (free & quick) (includes BP) Bid Source: Internet
Ended: Sep 18, 2008
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Auction Name: 2008 September Long Beach, CA US Coin Signature Auction #1116
Description: Heritage Numismatic Auctions offers U.S. and World coins, medals, and tokens in our Signature Auctions & Final Session Sales, held in conjunction with some of the largest numismatic conventions. These sales feature award-winning cataloging and photography. Call or e-mail one of our Consignment Directors to learn about selling through Heritage.
Auction Type: Signature: !! Heritage Live: After Internet bidding closes, live bidding will take place through www.HA.com/Live. Your secret maximum bid placed prior to the live event will compete against the live bids. To maximize your chances of winning, enter realistic secret maximum bids on our site. Many of our proxy bidders are successful at winning lots in these auctions, and usually below their secret maximum. You can also place last minute bids directly with us by e-mailing Bid@HA.com or calling 1-866-835-3243. (Important note: Due to software and Internet latency, live bids may not register in time, so enter realistic proxy bids.)

This lot is in:  Signature Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live) (lots 1-4546)
Internet bidding ends at 10:00PM CT the night before the floor session for this lot. During the live auction event, bidding in person is encouraged, and Heritage Live includes streaming audio and often video during the event.

Item Activity: 5 Internet/mail bidders, 513 page views

Description
1825 $2 1/2 MS61 PCGS. BD-2, R.4. The obverse has a recut 5, and the reverse has the stem ending over the upright of the D. Both dies appear to be perfect with no die cracks or clash marks. Approximately 80 to 100 examples still exist in all grades, with only about a dozen that grade MS60 or finer, including this piece.
There are three different varieties of 1825 quarter eagles known, rather significant for a date with a mintage of just 4,434 coins. BD-1 is a new discovery by Harry Bass who identified the variety from a remarkable double struck piece. The present cataloger identified the second known piece in the Bowers and Merena January 2000 Rarities Sale. Since that time, John Dannreuther has identified several other examples, with a present population estimated at 12 to 15 known. BD-2 is the common die marriage, earlier known as Breen-1. Perhaps as many as 100 examples in known in all grades. BD-3 is the other rarity in the series a population about the same as BD-1.
Housed in a green-label PCGS holder, this brilliant and reflective piece has limited surface marks and presents excellent eye appeal. The details are well defined and there is no evidence of weakness on either side. Proof examples were coined from this die pair, and those struck immediately after the proofs were most likely to have reflective, mirrored obverse and reverse surfaces. Population: 10 in 61, 13 finer (7/08).(Registry values: P5) (#7664)



Previous Prices from Heritage Auctions
Lot Date Grade Service Realized
Auction 450, Lot 1571 Tuesday, April 10, 2007 61 PCGS $29,900.00
Auction 181, Lot 7511 Saturday, January 10, 1998 61 NGC $9,430.00
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