Paul Song
Director
This auction has ended. View lot details
You may also be interested in
Lot 2042
1828 25C 25/50C XF40 PCGS B-3, R.5. This blundered reverse die has long been popular with collectors. High grade examples are hard to come by as so few nice examples survived. A review of the Population Report data confirms just how few exist. While there are a "baker's dozen" seen finer, in most circulated grades above Very Fine 20, this issue is represented by just one or two coins--if any. Hence, demand always exceeds supply as variety and major type collectors compete when a high grade example appears. Notice here the light silver-gray surfaces which show limited wear. The blundered reverse die with the denomination a comical engraving nightmare, shows the strong undertype desired. The surfaces are average, with a few minor nicks and scrapes, but pleasing on balance. As we know, this reverse die first appeared in 1822 on a very limited issue, then the reverse stayed up on the shelf until 1828 when a pending design change brought it forth again--this time showing a little rust in the field above the left wing. Perhaps the Mint did not want to waste an otherwise serviceable die, as was their normal policy--of course the new coining press was pending at this time, so the old adage of use it or lose it was put into play. Population: 2 in 40, 13 finer (MS63 finest) within the variety. (PCGS 5343)
23 September 2013, 10:00 PDT
Los AngelesUS$7,000 - US$8,000
Looking for a similar item?
Our Coins, Medals and Banknotes specialists can help you find a similar item at an auction or via a private sale.
Find your local specialistAsk about this lot
1828 25C 25/50C XF40 PCGS
B-3, R.5. This blundered reverse die has long been popular with collectors. High grade examples are hard to come by as so few nice examples survived. A review of the Population Report data confirms just how few exist. While there are a "baker's dozen" seen finer, in most circulated grades above Very Fine 20, this issue is represented by just one or two coins--if any. Hence, demand always exceeds supply as variety and major type collectors compete when a high grade example appears. Notice here the light silver-gray surfaces which show limited wear. The blundered reverse die with the denomination a comical engraving nightmare, shows the strong undertype desired. The surfaces are average, with a few minor nicks and scrapes, but pleasing on balance. As we know, this reverse die first appeared in 1822 on a very limited issue, then the reverse stayed up on the shelf until 1828 when a pending design change brought it forth again--this time showing a little rust in the field above the left wing. Perhaps the Mint did not want to waste an otherwise serviceable die, as was their normal policy--of course the new coining press was pending at this time, so the old adage of use it or lose it was put into play. Population: 2 in 40, 13 finer (MS63 finest) within the variety. (PCGS 5343)