LOT Heritage Rare Coin Galleries  /  2004 May (CSNS) Signature Sale #346 - Session 2  / 

6915

1825/3 25C E Countermark AU58 ANACS. B-2, R.2.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1825/3 25C E Countermark AU58 ANACS. B-2, R.2.
<table><tr><td><table><tr><td>1825/3 25C E Countermark AU58 ANACS. B-2, R.2. Apple-green, tan, and gunmetal-gray patina enriches this sharply struck piece. The luster is extensive and the surfaces are lightly abraded. Certain relatively high grade 1815 and 1825/3 Capped Bust quarters display E and L countermarks at 12 o'clock. The meaning of these countermarks is speculative, but Karl Moulton, who has been studying these pieces for quite some time, asserts that the first example, an 1815, appeared in Captain John W. Haseltine's December 12, 1881 sale. Although these pieces were absent from earlier numismatic circles, they suddenly flooded auctions throughout 1882 and 1883. Moulton believes that the death of William DuBois in July 1881 may be connected to the sudden appearance of these pieces. DuBois had served as Assayer at the Philadelphia Mint and also as curator of the Mint Collection. It is possible that the countermarked 1815 and 1825/3 quarters were dispersed to prominent dealers following DuBois' death. While it is obvious that the E and L counterstamps were added to the coins sometime after striking, it is unknown whether the letters were impressed at the Mint. All of the countermarked 1825 quarters are of the 1825/3 B-2 die variety. <BR><BR><B>Important notice:</B> Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Since eBay bids are not shown to us until we open the lot on the floor, we treat those bids just like floor bids. In most cases the floor responds before the eBay bid is presented to us, due to Internet lag time, so for consistency we have made it a policy that floor bids are always considered first over tie eBay live bids. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions before you bid. <BR><BR><B>IMPORTANT ANNOUNCEMENT ABOUT RESERVES:</B> Heritage now divulges all reserves on its web site 7 days before every auction. If you want to know whether the reserve on this lot has been met, and if not, what the reserve amount is, please visit this lot page on the HeritageCoin.com web site, or email: bid@HeritageGalleries.com </span></font></td></tr></table></td></tr></table>
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