David Akers (1975/88):
For some reason, perhaps its comparatively "high" mintage figure, the 1825/1 has never really been appreciated much as a rarity. As the auction data shows, however, it is really very rare, particularly in uncirculated condition. It has been offered less often in Unc. than such famous dates as 1821, 1824, 1826, 1827 and 1828. True gems are extremely rare with the finest specimen known to me being the one sold at Paramount's November, 1978 sale. It was purchased by Don Kagin for $32,000. The typical 1825/1 is EF or AU and most specimens I have seen had proof-like or partially proof-like surfaces. I would place the total number of known specimens between 35 and 40.