1820 25C PR65 Certification #-45039, PCGS #5365

CoinFacts Details

Owner's Comments

Estimated grade. Ex. Earle; Ryder; Raymond; New Netherlands Sold by Bowers & Merena Mar '88 Price Realized $20900

Expert Comments

Ron Guth

The 1820 Proof Quarter Dollar is an extremely rare coin. At least four examples have been identified, though additional old auction appearances hint at more. The Smithsonian example is off the market (presumably forever), leaving only three examples for collectors. Curiously, three different die varieties comprise the four known examples. Confusing the issue further is the existence of one-sided Proofs that show a reflective obverse and a frosty reverse. As a result, certification is imperative.

The record auction price for this date was achieved in 2005, when Heritage sold an NGC PR67 example (illustrated above) for $218,500.

PCGS #

5365

Designer

John Reich

Edge

Reeded

Diameter

27.50 millimeters

Weight

6.74 grams

Mintage

Metal

89.2% Silver, 10.8% Copper

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Region

The United States of America

Price Guide

PCGS Population

Auctions - PCGS Graded

Auctions - NGC Graded

Rarity and Survival Estimates Learn More

Grades	Survival Estimate The Survival Estimate represents an average of one or more experts opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.	Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.	Relative Rarity by Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.	Relative Rarity by Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
65 or Better	3	R-9.8	5 / 9 TIE	8 / 16 TIE
All Grades	3	R-9.8	5 / 9 TIE	8 / 16 TIE
60 or Better	1	R-10.0	1 / 9 TIE	1 / 16 TIE

Survival Estimate The Survival Estimate represents an average of one or more experts opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.
65 or Better	3
All Grades	3
60 or Better	1

Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.
65 or Better	R-9.8
All Grades	R-9.8
60 or Better	R-10.0

Relative Rarity by Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.
65 or Better	5 / 9 TIE
All Grades	5 / 9 TIE
60 or Better	1 / 9 TIE

Relative Rarity by Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
65 or Better	8 / 16 TIE
All Grades	8 / 16 TIE
60 or Better	1 / 16 TIE

Condition Census Learn More

Pos	Grade	Pedigree and History
1	PR66 PCGS grade	B-1. Heritage 9/2005:2639, $218,500 - D. Brent Pogue Collection - Stack's/Bowers & Sotheby's 5/2015:1061, $188,000
1	PR66 PCGS grade
3	PR64 PCGS grade	B-4. George H. Earle, Jr. Collection - Henry Chapman 6/1912:3052 - Hillyer C. Ryder Collection - Wayte Raymond - Louis E. Eliasberg, Sr. Collection (duplicates) - New Netherlands 6/1957:1146 - Norweb Collection - Bowers & Merena 3/1988:1532, $20,900 - Superior “Auction '90” 8/1990:1069, $10.450 - Heritage 7/1993:5246 - Whitney P. Summerland Collection - Bowers & Merena 3/1994:1245 - Superior 9/2008:180 - Stack's 7/2009:451, $55,000 - Stack's/Bowers 8/2011:7307, not sold - Heritage 8/2012:5114, $88,125 - Legend Rare Coin Auctions 9/2015:117, $85,187.50 - Legend Rare Coin Auctions 12/2016:239, not sold - Heritage 6/2017:3614, $76,375
4	PR63 estimated grade	B-1. Superior "Auction '89" 7/1989:566 - Heritage 5/2008:306, $97,750.
5	PR63 estimated grade	Mint Collection - National Numismatic Collection (Smithsonian Institution)

#1 PR66 PCGS grade

B-1. Heritage 9/2005:2639, $218,500 - D. Brent Pogue Collection - Stack's/Bowers & Sotheby's 5/2015:1061, $188,000

#1 PR66 PCGS grade

#3 PR64 PCGS grade

B-4. George H. Earle, Jr. Collection - Henry Chapman 6/1912:3052 - Hillyer C. Ryder Collection - Wayte Raymond - Louis E. Eliasberg, Sr. Collection (duplicates) - New Netherlands 6/1957:1146 - Norweb Collection - Bowers & Merena 3/1988:1532, $20,900 - Superior “Auction '90” 8/1990:1069, $10.450 - Heritage 7/1993:5246 - Whitney P. Summerland Collection - Bowers & Merena 3/1994:1245 - Superior 9/2008:180 - Stack's 7/2009:451, $55,000 - Stack's/Bowers 8/2011:7307, not sold - Heritage 8/2012:5114, $88,125 - Legend Rare Coin Auctions 9/2015:117, $85,187.50 - Legend Rare Coin Auctions 12/2016:239, not sold - Heritage 6/2017:3614, $76,375

#4 PR63 estimated grade

B-1. Superior "Auction '89" 7/1989:566 - Heritage 5/2008:306, $97,750.

#5 PR63 estimated grade

Mint Collection - National Numismatic Collection (Smithsonian Institution)