Coin Specifications

Category: Early Quarters (1796-1838)
Mint: Philadelphia
Mintage: 89,235
Obverse Designer: John Reich
Reverse Designer: John Reich
Composition: Silver
Fineness: 0.8920
Weight: 6.7400g
ASW: 0.1933oz
Melt Value: $3.31 (11/23/2017)
Diameter: 27mm
Edge: Reeded
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1815 B-1 25C MS obverse 1815 B-1 25C MS reverse


  
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Description & Analysis

Eight years had elapsed since quarter dollars were coined by the U. S. Mint when in July of 1815 it received an order for this denomination from the Planters Bank of New Orleans. Mint Director Robert L. Patterson attempted to fill the request with some other denomination, as no quarter dollar dies or hubs were on hand for the John Reich design adopted years earlier for the dime and half dollar. The bank, however, was adamant, and the Mint had no choice but to prepare the necessary tools. This greatly delayed the fulfillment of the bank's order, and this 1815's mintage was delivered in two warrants dated December 16 and January 10, respectively. These employed a single pair of dies.

Mint State examples have survived in sufficient numbers to supply the demand from advanced type collectors, and nice circulated pieces are available, too, in numbers greater than this date's mintage would suggest. As the first quarter dollar of the Reich type, a fair number appear to have been saved for their novelty.

Some examples are known having the letters "E" or "L" punched above Liberty's head, and it's believed that these were so marked as presentation pieces to note proficiency in English or Latin, respectively. Since most such counterstamped quarters are dated 1825, it's likely that the prizes were made at that time.

GRADE SUMMARY

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Price Guide

Last Updated: 8/11/2016

Click on a price to see historical prices, comparison charts and trends.

1815 B-1 25C MS
  GVGFVFXF505355586061626364656667686970
Base $ 200 350 565 950 2300 2750 2950 3250 4000 4250 4450 5200 8700 14000 39000 60000 127500 - - -
$ - - - - - - - - - 17500 45000 - 380000 -

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Census

 
NGC GRADE SUMMARY

Total Graded: 171
Low Grade: PrAg
Average Grade: 53
High Grade: 67


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
1/22/2001 NGC MS 63   Teletrade Auction 1398, 1398/Lot# 1183 $3,210.00
2/11/2007 NGC MS 65   Goldberg February 11-14, 2007 Pre-Long Beach Coin and Currency Auction, 39/Lot# 1348 $23,400.00
3/3/2008 NGC MS 63   David Lawrence Rare Coins Monday - Internet Auction # 225, 231/Lot# 3070 $7,877.50
10/17/2012 PCGS   Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 1460 $470.00
8/30/2013 PCGS F 12   Stack's Bowers The September 2013 Philadelphia Auction, 195/Lot# 4399 $559.30
10/13/2013 PCGS G 4   GreatCollections GreatCollections Coin Auctions 10/13/2013, 96/Lot# 142895 $139.70
10/30/2014 PCGS VF 30   Stack's Bowers November Baltimore 2014, 6039/Lot# 4149 $998.75
4/19/2015 NGC VG 10   Heritage Auctions Internet Coin Auction Session(1), 131517/Lot# 27228 $376.00


NGC Registry

NGC Registry Score 1815 25C MS B-1
 PrAgGVGFVF4045505355586061626364656667686970
Base1171209320620140414961583180519382121223324012754319438856545754313887207383139748148
5718324642088114341525165718491999215822892518290034244771687796571617024291369800
000000152516571849199921582289251829003424477168779657161702429100
0000001554173118932060219523452636304736545658721011772184542784400
Registry Image Gallery
Grade: MS 62
Points: 2754
Owner: rfar
 
Grade: AU 55
Points: 1938
Owner: Whidbey Island Collection
 
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