1827/3 25C Original PR20 Certification #-52250, PCGS #5373

CoinFacts Details

Owner's Comments

PCGS grade. Ex. Nicholas Petry; S.H. Chapman Sale (1893); J.M. Clapp; Clapp Estate; Louis Eliasberg, Sr. Sold by Bowers & Merena Apr '97 price realized $39,600. Lot #1391. Pedigreed 1/10/08.

Expert Comments

Ron Guth

All 1827 Capped Bust Quarter Dollars, whether an Original struck in 1827 or a Restrike made at a later date, are overdates with a 3 visible beneath the 7 of the date. The Original 1827 Quarter Dollar has always been recognized as a classic rarity. Despite a reported mintage of 4,000 coins, only a dozen or so are known to exist. Most are Proofs, although the Eliasberg coin was well circulated. Because of its rarity, Mint employees restruck the 1827 Quarter sometime prior to 1860 using an 1827 Obverse and an 1819 Reverse. The flat based 2 of the 1819 Reverse indicates a Restrike - all of the Original 1827 Quarter Dollars have a curl based 2. Breen lists twelve different examples of the Restrike in his "Encyclopedia", to which the Byron Reed coin (illustrated at lower right) should be added. According to Breen, at least three of the Restrikes were struck over Quarter Dollars of an earlier date, including one with a visible undertype of 1806! Breen considers these the earliest Restrikes, based on die state evidence he observed (later Restrikes have dies that are "more rusty").

Restrikes were also made in Copper (Judd 48, Pollock 49).

Denis Loring

Exactly nine examples of this famous rarity are known, including one in the Smithsonian Institution. All except one are PF-60 or better. The exception is the Eliasberg specimen, a perfectly clean VF-20.

PCGS #

5373

Designer

John Reich

Edge

Reeded

Diameter

27.50 millimeters

Weight

6.74 grams

Mintage

Metal

89.2% Silver, 10.8% Copper

Pop Higher

Pop Lower

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	8	R-9.6	8 / 9	15 / 16
All Grades	5	R-9.7	8 / 9	15 / 16
60 or Better	2	R-9.9	4 / 9 TIE	9 / 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	8
All Grades	5
60 or Better	2

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-9.6
All Grades	R-9.7
60 or Better	R-9.9

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	8 / 9
All Grades	8 / 9
60 or Better	4 / 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	15 / 16
All Grades	15 / 16
60 or Better	9 / 16 TIE

Condition Census Learn More

Pos	Grade	Pedigree and History
1	PR66+CAM PCGS grade	Wayne Burt #2 Jeremiah Colburn Collection - John F. McCoy Colletion - W. Elliot Woodward 3/1864:508, $227 - Heman Ely Collection - W. Elliot Woodward 1/1884:244, $215 - George Massamore (as agent for the following) - T. Harrison Garrett Collection - Robert Garrett Collection - John Work Garrett Collection - Johns Hopkins University Collection - Bowers & Ruddy 3/1980:641 (as Raw PR65), $190,000 - Knoxville Collection - Jay Parrino (The Mint) - D. Brent Pogue Collection - Stack’s/Bowers & Sotheby’s 5/2015:1076 (as PCGS PR65 31385748), $705,000
2	PR65 PCGS grade
3	PR64 PCGS grade	Wayne Burt #6 Pedigree marker: spot above head, two faint scratches running along the bust line just before the junction of the bust and throat; mark in field above first star (and right of second star) Browning Plate Coin George F. Seavey Collection - W. H. Strobridge 6/1873, not sold (Lorin G. Parmelee purchased the collection intact before the auction took place) - Lorin G. Parmelee Collection - New York Stamp & Coin Co. 6/1890:975, $171 - Col. E.H.R. Green - B.G. Johnson (invoice 6/29/1943) - F.C.C. Boyd Collection - Numismatic Gallery “World’s Greatest Collection” 3/1945:89, $2,400 - Will W. Neil Collection - B. Max Mehl 6/1947:897, $1,700 - James A. Stack Collection - Stack’s 2/1975:29, $50,000 - Paramount International Rare Coin List 6/1975 - Dan Drykerman - Bowers & Merena 5/1992:1172 (as Raw Proof-63 or so), $60,500 (plate-matched to the following) - O’Connor Numismatics, offered in 2007 - subsequently graded PCGS PR64 50052511) Plate matching by Rory Rea confirmed that the Browning plate, World’s Greatest Collection, Will W. Neil, James A. Stack, Somerset Collection, and O’Connor coins are the same.
3	PR64 PCGS grade	Arthur G. Coffin - William Strobridge 11/1875:1236 - Thomas Elder 10/1916:1409 - Virgil Brand Collection (Journal number 81228) - Armin Brand - F.C.C. Boyd Collection - Numismatic Gallery 3/1945:89 - Will W. Neil Collection - B. Max Mehl 6/1947:897 - B. Max Mehl, offered in the 3/1952 issue of The Numismatist - R.L. Miles Collection - Stack's 4/1969:898 - H. Philip Speir Collection - Stack's 3/1974:20 - Kagin's 8/1977:1175 - Stack's “Auction ‘79” 7/1979:581 - Bowers & Merena 9/1984:2653 - Superior 7/1993:324 - Superior 1/1994:1248 - Superior 5/1994:576 - Superior 9/1998:251 - Eugene H. Gardner Collection - Heritage 6/2014:30357, $411,250
3	PR64 PCGS grade

#1 PR66+CAM PCGS grade

Wayne Burt #2

Jeremiah Colburn Collection - John F. McCoy Colletion - W. Elliot Woodward 3/1864:508, $227 - Heman Ely Collection - W. Elliot Woodward 1/1884:244, $215 - George Massamore (as agent for the following) - T. Harrison Garrett Collection - Robert Garrett Collection - John Work Garrett Collection - Johns Hopkins University Collection - Bowers & Ruddy 3/1980:641 (as Raw PR65), $190,000 - Knoxville Collection - Jay Parrino (The Mint) - D. Brent Pogue Collection - Stack’s/Bowers & Sotheby’s 5/2015:1076 (as PCGS PR65 31385748), $705,000

#2 PR65 PCGS grade

#3 PR64 PCGS grade

Wayne Burt #6

Pedigree marker: spot above head, two faint scratches running along the bust line just before the junction of the bust and throat; mark in field above first star (and right of second star)

Browning Plate Coin

George F. Seavey Collection - W. H. Strobridge 6/1873, not sold (Lorin G. Parmelee purchased the collection intact before the auction took place) - Lorin G. Parmelee Collection - New York Stamp & Coin Co. 6/1890:975, $171 - Col. E.H.R. Green - B.G. Johnson (invoice 6/29/1943) - F.C.C. Boyd Collection - Numismatic Gallery “World’s Greatest Collection” 3/1945:89, $2,400 - Will W. Neil Collection - B. Max Mehl 6/1947:897, $1,700 - James A. Stack Collection - Stack’s 2/1975:29, $50,000 - Paramount International Rare Coin List 6/1975 - Dan Drykerman - Bowers & Merena 5/1992:1172 (as Raw Proof-63 or so), $60,500 (plate-matched to the following) - O’Connor Numismatics, offered in 2007 - subsequently graded PCGS PR64 50052511)

Plate matching by Rory Rea confirmed that the Browning plate, World’s Greatest Collection, Will W. Neil, James A. Stack, Somerset Collection, and O’Connor coins are the same.

#3 PR64 PCGS grade

Arthur G. Coffin - William Strobridge 11/1875:1236 - Thomas Elder 10/1916:1409 - Virgil Brand Collection (Journal number 81228) - Armin Brand - F.C.C. Boyd Collection - Numismatic Gallery 3/1945:89 - Will W. Neil Collection - B. Max Mehl 6/1947:897 - B. Max Mehl, offered in the 3/1952 issue of The Numismatist - R.L. Miles Collection - Stack's 4/1969:898 - H. Philip Speir Collection - Stack's 3/1974:20 - Kagin's 8/1977:1175 - Stack's “Auction ‘79” 7/1979:581 - Bowers & Merena 9/1984:2653 - Superior 7/1993:324 - Superior 1/1994:1248 - Superior 5/1994:576 - Superior 9/1998:251 - Eugene H. Gardner Collection - Heritage 6/2014:30357, $411,250

#3 PR64 PCGS grade