1823 QUARTER DOLLAR - BROWNING 1
Rarity: Very Rare
courtesy of Ira &
Larry Goldberg Coins & Collectibles, Inc.
All examples of the 1823 Quarter Dollar are 1823/2 overdates.
The finest circulation strike example graded by PCGS is a single
No Proof examples of this
date have been graded by PCGS.
PCGS AU-55 (illustrated
above). Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s
"Benson II" Sale, February 18-19, 2002, Lot 694, illustrated,
where it was described as follows: "1823. 3 over 2, Browning-1,
Rarity-6+. PCGS graded AU-55. This is certainly one of the very finest
known of this supremely rare date, high in the Condition Census of the top
six specimens all behind the single Proof example known. The strike is
extremely sharp, and this is an early die state before the crack appears
right of the date up to the center dot on Liberty, as seen on a few lower
grade examples, which no doubt account for the rarity of this date.
Perhaps 20 are known in all grades. Breen, in his Encyclopedia,
individually lists 13 examples, with just 3 that can be called EF or
better. Reviewing the PCGS and NGC Population reports seems to indicate
that several are known, PCGS notes 2 in AU-55, and one in AU-58, none in
Mint State above while NGC shows 1 as AU-55, 1 as AU-58 and 1 as MS-61,
and the sole Proof as PF-64. With the cluster of high grade specimens
reported, we suspect that there may be some duplication in the two
reports, and a days study with a good coin auction library would certainly
nail down the number of high grade examples known once some plate matching
is done from prior auction sales.
Toned a deep blue gray color, with moderate handling marks on both sides
from very brief circulation. Identifiable by a small cluster of
microscopic scrapes below Liberty's ear, and a few ticks between stars
nine and ten, and some faint parallel scrapes above the Y of LIBERTY in
the folds of the cap. On the reverse, we note some tiny marks below the
wings of the eagle near the juncture with his body. Currently in PCGS
holder #4664906. An extreme rarity in any grade, and especially this nice.
Better than the recent sale of the Eliasberg example, this coin should
have a higher technical grade, with less wear on the high points. A
foremost opportunity for the Bust quarter specialist, and a date which has
been offered a couple of times in the past six years....This coin is
likely the same specimen from Stack's Anderson DuPont Sale, November 1954,
lot 1798 or the specimen from Stack's 1976 ANA Sale, August 1976, lot 956,
but it is hard to match to these early plates. It is possibly a new
specimen that is otherwise unrecorded in auction history. One other
possibility is the 1947 ANA (Kreisberg/Kosoff), lot 16 specimen.", bought
back by the consignor for $56,350.00.