LOT Old Heritage Auctions  /  2008 Jan. FUN Signature Coin Auction #454  / 

2782

1827/3 25C Restrike PR64 NGC

Currency:USD Category:Coins & Paper Money / US Coins Start Price:41,250.00 USD Estimated At:1.00 - 1,000,000.00 USD
1827/3 25C Restrike PR64 NGC
<B>1827/3 25C Restrike PR64 NGC.</B></I> B-2, High R.6. Although Mint records indicate that 4,000 Capped Bust quarters were produced in 1827, Breen (1988) speculates that this mintage may have been comprised of coins dated 1825. Only 12 originals (again, per Breen) are believed extant, all of which were struck as proofs. During the late 1850s, Mint employees mated the old 1827-dated obverse die with an old, rusted reverse die from the 1819 delivery. At least 12 restrikes were produced in two batches, the latter examples showing extensive die rust on the obverse.<BR> With readily evident die rust (as struck) on the obverse (particularly to the right of the date) and throughout the reverse, the present near-Gem is probably one of the later restrikes of this fabled Bust quarter. This is a sharply impressed coin except on the obverse stars where the dentils are slightly soft. A few of the more minor details over the lower part of the eagle have been effaced by polishing--an accepted part of the production process. The surfaces are noticeably hairlined on each side, but there is ample reflectivity evident beneath the rich endowment of charcoal toning that envelops both sides, as are traces of electric-blue undertones at the margins and a slight accent of reddish patina. The only useful pedigree markers are a tiny diagonal contact mark in the left obverse field inside star 2 and an oblong planchet flaw on the neck of Liberty. Census: 4 in 64, 4 finer (12/07).<BR><I>Ex: October Long Beach Auction (Heritage, 10/2001), lot 6287.</B></I><BR><BR><B>Coin Engraver:</B> John Reich<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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