1827/3 25C Original (Proof)

Series: Capped Bust Quarters 1820-1838

PCGS PR65

PCGS PR65

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PCGS PR64

PCGS PR64

PCGS PR20

PCGS PR20

PCGS #:
5373
Designer:
John Reich
Edge:
Reeded
Diameter:
27.50 millimeters
Weight:
6.74 grams
Mintage:
12
Mint:
Philadelphia
Metal:
89.2% Silver, 10.8% Copper
Major Varieties

Current Auctions - PCGS Graded
Current Auctions - NGC Graded
For Sale Now at Collectors Corner - PCGS Graded
For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades Survival
Estimate
Numismatic
Rarity
Relative Rarity
By Type
Relative Rarity
By Series
All Grades 8 R-9.6 8 / 9 15 / 16
60 or Better 5 R-9.7 8 / 9 15 / 16
65 or Better 2 R-9.9 4 / 9 TIE 9 / 16 TIE
Survival Estimate
All Grades 8
60 or Better 5
65 or Better 2
Numismatic Rarity
All Grades R-9.6
60 or Better R-9.7
65 or Better R-9.9
Relative Rarity By Type All Specs in this Type
All Grades 8 / 9
60 or Better 8 / 9
65 or Better 4 / 9 TIE
Relative Rarity By Series All Specs in this Series
All Grades 15 / 16
60 or Better 15 / 16
65 or Better 9 / 16 TIE

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 PR66+CAM PCGS grade
Wayne Burt #2
 
Jeremiah Colburn Collection - John F. McCoy Colletion - W. Elliot Woodward 3/1864:508, $227 - Heman Ely Collection - W. Elliot Woodward 1/1884:244, $215 - George Massamore (as agent for the following) - T. Harrison Garrett Collection - Robert Garrett Collection - John Work Garrett Collection - Johns Hopkins University Collection - Bowers & Ruddy 3/1980:641 (as Raw PR65), $190,000 - Knoxville Collection - Jay Parrino (The Mint) - D. Brent Pogue Collection - Stack’s/Bowers & Sotheby’s 5/2015:1076 (as PCGS PR65 31385748), $705,000
2 PR65 PCGS grade
3 PR64 PCGS grade
Wayne Burt #6
 
Pedigree marker: spot above head, two faint scratches running along the bust line just before the junction of the bust and throat; mark in field above first star (and right of second star)
 
Browning Plate Coin
 
George F. Seavey Collection - W. H. Strobridge 6/1873, not sold (Lorin G. Parmelee purchased the collection intact before the auction took place) - Lorin G. Parmelee Collection - New York Stamp & Coin Co. 6/1890:975, $171 - Col. E.H.R. Green - B.G. Johnson (invoice 6/29/1943) - F.C.C. Boyd Collection - Numismatic Gallery “World’s Greatest Collection” 3/1945:89, $2,400 -  Will W. Neil Collection - B. Max Mehl 6/1947:897, $1,700 - James A. Stack Collection - Stack’s 2/1975:29, $50,000 - Paramount International Rare Coin List 6/1975 - Dan Drykerman - Bowers & Merena 5/1992:1172 (as Raw Proof-63 or so), $60,500 (plate-matched to the following) - O’Connor Numismatics, offered in 2007 - subsequently graded PCGS PR64 50052511)
 
Plate matching by Rory Rea confirmed that the Browning plate, World’s Greatest Collection, Will W. Neil, James A. Stack, Somerset Collection, and O’Connor coins are the same.
3 PR64 PCGS grade

Arthur G. Coffin - William Strobridge 11/1875:1236 - Thomas Elder 10/1916:1409 - Virgil Brand Collection (Journal number 81228) - Armin Brand - F.C.C. Boyd Collection - Numismatic Gallery 3/1945:89 - Will W. Neil Collection - B. Max Mehl 6/1947:897 - B. Max Mehl, offered in the 3/1952 issue of The Numismatist - R.L. Miles Collection - Stack's 4/1969:898 - H. Philip Speir Collection - Stack's 3/1974:20 - Kagin's 8/1977:1175 - Stack's “Auction ‘79” 7/1979:581 - Bowers & Merena 9/1984:2653 - Superior 7/1993:324 - Superior 1/1994:1248 - Superior 5/1994:576 - Superior 9/1998:251 - Eugene H. Gardner Collection - Heritage 6/2014:30357, $411,250

3 PR64 PCGS grade
6 PR63 PCGS grade
7 PR63 estimated grade
7 PR63 estimated grade
9 PR60 estimated grade
#1 PR66+CAM PCGS grade
Wayne Burt #2
 
Jeremiah Colburn Collection - John F. McCoy Colletion - W. Elliot Woodward 3/1864:508, $227 - Heman Ely Collection - W. Elliot Woodward 1/1884:244, $215 - George Massamore (as agent for the following) - T. Harrison Garrett Collection - Robert Garrett Collection - John Work Garrett Collection - Johns Hopkins University Collection - Bowers & Ruddy 3/1980:641 (as Raw PR65), $190,000 - Knoxville Collection - Jay Parrino (The Mint) - D. Brent Pogue Collection - Stack’s/Bowers & Sotheby’s 5/2015:1076 (as PCGS PR65 31385748), $705,000
#2 PR65 PCGS grade
#3 PR64 PCGS grade
Wayne Burt #6
 
Pedigree marker: spot above head, two faint scratches running along the bust line just before the junction of the bust and throat; mark in field above first star (and right of second star)
 
Browning Plate Coin
 
George F. Seavey Collection - W. H. Strobridge 6/1873, not sold (Lorin G. Parmelee purchased the collection intact before the auction took place) - Lorin G. Parmelee Collection - New York Stamp & Coin Co. 6/1890:975, $171 - Col. E.H.R. Green - B.G. Johnson (invoice 6/29/1943) - F.C.C. Boyd Collection - Numismatic Gallery “World’s Greatest Collection” 3/1945:89, $2,400 -  Will W. Neil Collection - B. Max Mehl 6/1947:897, $1,700 - James A. Stack Collection - Stack’s 2/1975:29, $50,000 - Paramount International Rare Coin List 6/1975 - Dan Drykerman - Bowers & Merena 5/1992:1172 (as Raw Proof-63 or so), $60,500 (plate-matched to the following) - O’Connor Numismatics, offered in 2007 - subsequently graded PCGS PR64 50052511)
 
Plate matching by Rory Rea confirmed that the Browning plate, World’s Greatest Collection, Will W. Neil, James A. Stack, Somerset Collection, and O’Connor coins are the same.
#3 PR64 PCGS grade

Arthur G. Coffin - William Strobridge 11/1875:1236 - Thomas Elder 10/1916:1409 - Virgil Brand Collection (Journal number 81228) - Armin Brand - F.C.C. Boyd Collection - Numismatic Gallery 3/1945:89 - Will W. Neil Collection - B. Max Mehl 6/1947:897 - B. Max Mehl, offered in the 3/1952 issue of The Numismatist - R.L. Miles Collection - Stack's 4/1969:898 - H. Philip Speir Collection - Stack's 3/1974:20 - Kagin's 8/1977:1175 - Stack's “Auction ‘79” 7/1979:581 - Bowers & Merena 9/1984:2653 - Superior 7/1993:324 - Superior 1/1994:1248 - Superior 5/1994:576 - Superior 9/1998:251 - Eugene H. Gardner Collection - Heritage 6/2014:30357, $411,250

#3 PR64 PCGS grade
#6 PR63 PCGS grade
#7 PR63 estimated grade
#7 PR63 estimated grade
#9 PR60 estimated grade
Ron Guth:

All 1827 Capped Bust Quarter Dollars, whether an Original struck in 1827 or a Restrike made at a later date, are overdates with a 3 visible beneath the 7 of the date. The Original 1827 Quarter Dollar has always been recognized as a classic rarity. Despite a reported mintage of 4,000 coins, only a dozen or so are known to exist. Most are Proofs, although the Eliasberg coin was well circulated. Because of its rarity, Mint employees restruck the 1827 Quarter sometime prior to 1860 using an 1827 Obverse and an 1819 Reverse. The flat based 2 of the 1819 Reverse indicates a Restrike - all of the Original 1827 Quarter Dollars have a curl based 2. Breen lists twelve different examples of the Restrike in his "Encyclopedia", to which the Byron Reed coin (illustrated at lower right) should be added. According to Breen, at least three of the Restrikes were struck over Quarter Dollars of an earlier date, including one with a visible undertype of 1806! Breen considers these the earliest Restrikes, based on die state evidence he observed (later Restrikes have dies that are "more rusty").

Restrikes were also made in Copper (Judd 48, Pollock 49).

Denis Loring: Exactly nine examples of this famous rarity are known, including one in the Smithsonian Institution. All except one are PF-60 or better. The exception is the Eliasberg specimen, a perfectly clean VF-20.

Regency XVII | Legend Rare Coin Auctions | May 19, 2016

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