1838 25C Seated, No Drapery (Regular Strike)

Series: Liberty Seated Quarters 1838-1891

PCGS MS68

PCGS MS68

PCGS MS66

PCGS MS66

PCGS MS65+

PCGS MS65+

PCGS #:
5391
Designer:
John Reich
Edge:
Reeded
Diameter:
24.30 millimeters
Weight:
6.74 grams
Mintage:
466,000
Mint:
Philadelphia
Metal:
90% Silver, 10% 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 1,500 R-4.8 3 / 3 89 / 114 TIE
60 or Better 120 R-7.8 3 / 3 69 / 114 TIE
65 or Better 10 R-9.5 2 / 3 42 / 114 TIE
Survival Estimate
All Grades 1,500
60 or Better 120
65 or Better 10
Numismatic Rarity
All Grades R-4.8
60 or Better R-7.8
65 or Better R-9.5
Relative Rarity By Type All Specs in this Type
All Grades 3 / 3
60 or Better 3 / 3
65 or Better 2 / 3
Relative Rarity By Series All Specs in this Series
All Grades 89 / 114 TIE
60 or Better 69 / 114 TIE
65 or Better 42 / 114 TIE

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 MS68 PCGS grade  PCGS #5391 (MS)     68

James W. Lull Collection - Bowers & Merena 2/2005:681, $155,250 - Joseph C. Thomas Collection - Heritage 4/2009:2338, $195,500 - High Desert Collection (PCGS Set Registry)

2 MS66 PCGS grade

Richard Burdick, sold privately in 1/1999 - Foxfire Collection (Claude E. Davis, M.D.), sold privately in 10/2004 - D. Brent Pogue Collection, Part V - Stack's/Bowers & Sotheby's 3/2017:5019, $54,050 - D.L. Hansen Collection

2 MS66 PCGS grade
2 MS66 PCGS grade
2 MS66 estimated grade

William Mitkoff, sold privately in 1972 - Jimmy Hayes Collection - Stack's 10/1985:38 - Craig M. Morgan, MD Collection - Bowers & Merena 11/1998:111, not sold - Stack's 9/2007:3296, $74,750 - Heritage 1/2009:3738, $46,000

6 MS65+ PCGS grade

Heritage 8/1995:6122, $14,850 - Bowers & Merena 5/2001:1432, $32,200 - Heritage 9/2002:6477, $34,500 - Eugene H. Gardner Collection, Part I - Heritage 6/2014:30359, $32,900 - Legend Rare Coin Auctions 10/2017:204, $32,900 - Legend Rare Coin Auctions 11/2018:135, $31,725

6 MS65+ estimated grade

Eric P. Newman Numismatic Education Society - Heritage 11/2013:33360, $141,000

8 MS65 PCGS grade
8 MS65 PCGS grade
8 MS65 estimated grade
 PCGS #5391 (MS)     68 #1 MS68 PCGS grade

James W. Lull Collection - Bowers & Merena 2/2005:681, $155,250 - Joseph C. Thomas Collection - Heritage 4/2009:2338, $195,500 - High Desert Collection (PCGS Set Registry)

#2 MS66 PCGS grade

Richard Burdick, sold privately in 1/1999 - Foxfire Collection (Claude E. Davis, M.D.), sold privately in 10/2004 - D. Brent Pogue Collection, Part V - Stack's/Bowers & Sotheby's 3/2017:5019, $54,050 - D.L. Hansen Collection

#2 MS66 PCGS grade
#2 MS66 PCGS grade
#2 MS66 estimated grade

William Mitkoff, sold privately in 1972 - Jimmy Hayes Collection - Stack's 10/1985:38 - Craig M. Morgan, MD Collection - Bowers & Merena 11/1998:111, not sold - Stack's 9/2007:3296, $74,750 - Heritage 1/2009:3738, $46,000

#6 MS65+ PCGS grade

Heritage 8/1995:6122, $14,850 - Bowers & Merena 5/2001:1432, $32,200 - Heritage 9/2002:6477, $34,500 - Eugene H. Gardner Collection, Part I - Heritage 6/2014:30359, $32,900 - Legend Rare Coin Auctions 10/2017:204, $32,900 - Legend Rare Coin Auctions 11/2018:135, $31,725

#6 MS65+ estimated grade

Eric P. Newman Numismatic Education Society - Heritage 11/2013:33360, $141,000

#8 MS65 PCGS grade
#8 MS65 PCGS grade
#8 MS65 estimated grade
Ron Guth:

In mid-1838, Christian Gobrecht's Seated Liberty design finally made it to the Quarter Dollar -- two years after it had appeared on the Silver Dollar and a full year after it appeared on the Half Dimes and Dimes. Gobrecht's original design did not have any drapery under Liberty's left elbow (viewer's right); the drapery was not added on the Quarters until 1841. Some collectors believe the No Drapery design should be recognized as a separate type and we tend to agree. Regardless, the only option for the 1838 Quarter is the No Drapery version.

This date is fairly common and can be found in circulated grades with relative ease. Mint State examples are scarce, bordering on rare, and the typical grade falls into the MS62 to MS64 range. Gems are very rare.