Coin Specifications

Category: Early Quarters (1796-1838)
Mint: Philadelphia
Catalog: KM-44
Obverse Designer: John Reich
Reverse Designer: John Reich
Composition: Silver
Fineness: 0.8920
Weight: 6.7400g
ASW: 0.1933oz
Melt Value: $3.77 (8/31/2014)
Diameter: 27mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1824/2 B-1 25C MS obverse 1824/2 B-1 25C MS reverse


  
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Description & Analysis

Only 16,000 quarters are believed to have been struck with the 1824 date. The new Tompkins reference on early quarters proposes an alternate theory regarding this date. It states that, 'the quantity of 16,000 coins delivered in Warrant #935 on December 31st 1823 were actually dated 1824. The amount of coins and the frequency of their appearance seem to concur with this hypothesis.

'As Robert Scot passed away on November 1st. 1823, this may have been one of the last dies he produced. Another theory would be that after Scot died, Christian Gobrecht was immediately hired to help out, and perhaps it was Gobrecht who over-dated the unused 1822 die to create the 1824/2 as well as re-engraved the reverse die that was used to coin the 1823 B-1 die marriage, which was incomplete at the arrowheads and arrow shafts. William Kneass was commissioned as the new Chief engraver on January 29th, 1824 to replace Robert Scot, therefore due to the date of the delivery warrant, he was certainly not the person responsible for this 1824/2 die. 'Furthermore, it may be that long with the one 1824/2 obverse die, Gobrecht over-dated two other 1822 dated obverse dies with a 4 over the 2. A recent discovery that the 1825 B-1 obverse die, which has always been called an 1825/2 is in reality an 1825/4/2, sparked this theory.?

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 7/25/2014

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1824/2 B-1 25C MS
  GVGFVF4045505355586061626364656667686970
Base $ 925 1600 2350 3800 6450 6450 9700 10700 12500 16000 24500 26500 42500 65000 130000 - - - - - -
$ 7000 10700 11700 16450 20550 - - - - - - - - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 72
Low Grade: PrAg
Average Grade: VF
High Grade: 65


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
1/7/2009 PCGS MS 64   Heritage Auctions 2009 January Orlando, FL FUN Auction #1121, 1121/Lot# 3725 $115,000.00
2/28/2012 PCGS AU 53   Stack's Bowers The March 2012 Baltimore Auction, 135/Lot# 4070 $9,200.00
2/25/2013 PCGS G 6   Teletrade Auction 3419, 3419/Lot# 1879 $650.00
9/25/2013 PCGS FA 2   Heritage Auctions 2013 September 25 - 29 US Coins Signature Auction - Long Beach Session(7), 1189/Lot# 7829 $367.78
12/1/2013 PCGS VG 10   GreatCollections GreatCollections Coin Auctions 12/01/2013, 103/Lot# 154737 $1,350.80
12/1/2013 NGC XF 40   David Lawrence Rare Coins Internet Auction # 780, 789/Lot# 301 $4,250.00


NGC Registry

NGC Registry Score 1824/2 B-1 25C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base12373515271028196923682699305932703556373045656089119601902630525493468031913153211
792754096941341210224782819312933653614400850738046143152285936798596709739013153210
00000024782819312933653614400850738046143152285936798596709739013153200
0000002588293931993460367242865581100031667026692430726999411446113153200
Registry Image Gallery
Grade: VG 10
Points: 351
Owner: Carl Beeson
 
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