25C 1827/3 PCGS PR65 NO CAC

$475,000.00

According to Mint records, 4,000 business-strike Capped Bust quarters were delivered on December 29, 1827, but no regular-issue examples are known to numismatists today.  All known Original 1827 quarters are overdates, struck in proof format.  It seems likely that the quarters delivered in late December were actually dated 1828, while the 1827-dated quarters were struck for some commemorative purpose and the mintage was not recorded.

This coin is a wonderful Gem.  The details are sharply struck in most areas and just a touch of softness on some star centers.  The well-preserved surfaces are blanketed in vivid shades of sea-green, lilac, and cerulean-blue toning, with deeply reflective fields underneath.  Overall eye appeal is terrific.  This coin is probably the third-finest surviving specimen of this historic rarity.  It has been 29 years since its last public offering and it may be many more years before a comparable example becomes available.

This particular coin enjoys a who’s who of ownership:

Ex: Joseph Zanoni Collection (Edward Cogan, 4/1867), lot 103; Thomas Cleneay; Cleneay Collection (S.H. & H. Chapman, 12/1890), lot 1339; John G. Mills (S.H. & H. Chapman, 4/1904), lot 999; William B. Wetmore; Wetmore Collection (S.H. & H. Chapman, 6/1906), lot 396; Virgil Brand, Journal number 33836; Waldo Newcomer; A.J. Allen; George H. Hall, per B. Max Mehl, but there was no example of the 1827 Original quarter in Hall’s collection when it was sold by Stack’s in May of 1945; Jerome Kern Collection (B. Max Mehl, 5/1950), lot 1412; New Netherlands Coin Company; Wayte Raymond; Sale 49 (New Netherlands, 6/1957), lot 1149; Dorothy Nelson; ANA Convention Sale (Stack’s, 8/1976), lot 962; Auction ‘80 (Stack’s, 8/1980), lot 1177; Marcus J. Brown Collection (Bowers and Merena, 11/1983), lot 2981; Dodson/Collier Collections (Bowers and Merena, 6/1984), lot 3975; Auction ‘89 (Superior, 7/1989), lot 570; unknown intermediaries; private collection.  Ex Greensboro Collection.

It sold for $444,000.00 in 01/2019.

THIS COIN IS NOT CAC

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