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533

1815 Capped Bust Quarter Dollar B-1 NGC MS67

Currency:USD Category:Coins & Paper Money / US Coins Start Price:12,000.00 USD Estimated At:48,000.00 - 54,000.00 USD
1815 Capped Bust Quarter Dollar B-1 NGC MS67
Writing in 1988, Walter Breen attributes the Mint's intermittent delivery of quarter dollars from 1796-1831 to the public's preference for Spanish and Mexican 2-Real coins in those days. After striking 220,643 quarters of the draped bust, heraldic eagle type in 1807, Mint did not strike this denomination again until 1815. By then, John Reich had already familiarized the public with his capped bust motif on on dimes, half dollars and quarter eagles. In keeping with this trend toward uniformity, the Mint chose to use this design on the quarter in 1815.

Treasury Department records indicate that a total of 89,235 Quarters were delivered in 1815. Survivors are relatively plentiful, but the issue does enjoy heightened demand from first-year Type collectors. This richly toned Superb Gem is far and away the second finest 1815 quarter graded, and is surpassed only by a single MS68 recently certified. It is presently in sole possession of the MS67 grade at NGC, and PCGS does not report anything higher than MS66. Both sides are layered in charcoal-gray, crimson-red, orange, and olive-gold colors that speak volumes about this coin's originality. The strike is sharply executed and well centered with all devices boldly delineated. Mint luster is full and vibrant, and the surfaces are expectantly smooth in appearance for the designated grade. In fact, not even a loupe calls forth a worthwhile pedigree marker. A no-questions highlight of the silver offerings in this sale, and a coin that is seemingly earmarked for inclusion in a type set of "finest knowns." NGC Census: 1; 1 finer.
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