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Name: 1833 G$2.50 Breen-6136, B-1.
Description: Bright and frosty yellow gold with strong lustre and nice overall eye appeal. A touch of
central weakness is noted on both sides, and some faint central adjustment marks are noted
on the reverse. A rarity in all grades, although a small number of Mint State pieces do
exist. Only 4,160 quarter eagles of the date were struck (at the time there was very
little demand for the denomination from banks or commerce), and only a small proportion of
that mintage can be located today. Walter Breen referred to this design type as
"Kneass’s Modified Capped Head (1829-34).” As Breen noted in his Encyclopedia,
this date is "rarer in all grades than 1829-32, much rarer [in] Uncirculated.” One
of just six examples of the date graded Mint State by NGC, two of them "lesser” in
stature than the present coin, and three others at a finer level. Four other dates of the
design type—1829, 1830, 1831, and 1832—all have significantly higher Mint State
populations in the NGC Census. Once again, it sure sounds a lot like opportunity knocking
to our ears!NGC Census: 1; 3 finer (MS-67 finest).A faint die line closes the first 3 in
the date, while the top of the second 3 is apparently repunched; that numeral is closed by
an even heavier die line. On the reverse, the U in UNITED and the I in AMERICA are boldly
repunched.After the death of Robert Scot in 1823, the Mint hired William Kneass, an
engraver of bank note plates, as Scot’s successor. According to Breen’s comments in
his Encyclopedia (1988), Kneass was essentially hired "to improve existing designs of
all series,” which he did beginning in 1828 with the 10¢ denomination, followed in 1829
by half dimes, quarter eagles, and half eagles. Half cents and quarter dollars were
similarly improved in 1831.
Price: $17,250 (2003-07-25)
Original page: http://www.stacks.com/lotdetail.aspx?lri d=AMBALT0640
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