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Sale 78
January Pre-Long Beach Sale 17.5% BP
| Capped Bust Quarter Dollars |
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| Lot |
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Description |
Realized |
Lot 1091 |
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1815 B-1. B-1, Rarity-1. NGC graded MS-65+. A nice frosty coin. Mostly white. Pop 1; 6 finer, 2 in 66, 2 in 66 Star, 1 in 67, 1 in 67+ Star
Quarters were only minted in 1815 because the banks had ordered them, according to numismatic researchers. In fact, the majority of the mintage of 1815 went to the Planters' Bank of New Orleans. Just over 89,000 pieces were made, including approximately 20,000 pieces delivered on January 10th of 1816. A fire at the mint the next day destroyed much of the equipment, shutting down production of quarters until 1818.
Production of Quarters in the early decades of the United States Mint was erratic, at best. Delivery of this denomination did not become a permanent yearly occurrence until 1831. Prior to that year, the Mint struck Quarters only in 1796, 1804-1807, 1815, 1818-1825, and 1827-1828. These deliveries comprise coins of three distinct types, those minted from 1815-1828 displaying John Reich's now-familiar Capped Bust motif. Only a single die marriage is known for the first-year 1815, the total mintage a not overly generous 89,235 pieces. With a Rarity-1 rating, however, the 1815 is not any more difficult to locate in an absolute sense than any other Capped Bust Quarter issue. The 1992 edition of the book The Early Quarter Dollars of the United States: 1796-1838 by A. W. Browning, however, states of the 1815: "Date rare when sharp." To that assessment we might add that this date is also rare in the finer Mint State grades.
One would be hard pressed to find a more sharply defined representative of this type in today's market. Liberty's portrait on the obverse and the feathers on the reverse eagle are equally crisp in delineation. The obverse star centrils are also impressively full in detail. There is no toning save for the lightest golden-tan iridescence, and we are unable to locate even a single abrasion that would cause one to question the validity of the MS-66 designation. There is, however, a very tiny graze on Liberty's chin that should help trace the pedigree of this important and attractive condition rarity. Light clashmarks (as struck) are seen in the obverse field.
Estimated Value $15,000 - 20,000.
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| Realized
$22,325 |
Lot 1092 |
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1818 PCGS graded Genuine XF Details. Cleaning. Not harshly cleaned struck on a decent planchet and is retoning nicely (PCGS # 5322) .
Estimated Value $600 - 700.
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Check results on similar lots
| Realized
$1,116 |
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