SOLD- $2.50 – 1825 PCGS MS61 CAC Garrett Collection
SOLD- $2.50 – 1825 PCGS MS61 CAC Garrett Collection
Serial Number 7664.61/28644433
PCGS Lookup Number 7664
Garrett Collection Pedigree.
BD-3, High R-6.
The Capped Head Type Quarter Eagle was made for only five years. During this period, a total of just 17,042 coins were struck and probably no more than 500-600 exist for the entire type. The 1825 is the most available issue of this type in terms of total number known but it is still very scarce with an estimated 100-125 known in all grades. Uncirculated pieces are rare and are generally offered at a pace of maybe one per year; generally at major auctions.
This example has superb eye appeal for the grade and it has the naked-eye appearance of an MS63. It is well struck and satiny with exquisite orange-gold and green-gold colors seen on both the obverse and the reverse. There are a few small marks in the fields and a few wispy old hairlines visible below magnification but this is as pretty an early quarter eagle as one could hope to find.
There are exactly three MS61 examples of this date currently known which are PCGS graded and CAC approved. In addition to the present piece, there is the Brand coin which brought $40,250 as Heritage 1/12: 4731 and Heritage 5/09: 1503 which was hammered down at $34,500.
This splendid coin neatly combines rarity, history and provenance in one neat package. It has been in just three collections in well over a century and this opportunity to add it to your early gold holdings is a truly important one.
CAC has approved three in this grade with three finer.
Ex Stacks 3/02: 1021 as “Choice BU,” where it sold for $16,100; earlier from Bowers and Ruddy’s sale of the Garrett Collection, Part III (3/80): 745 where it sold for $19,000; prior pedigree unknown but believed to have been obtained by the Garrett family sometime in the late 19th century.