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SERIES: Capped Bust Quarters 1815-1838
LEVEL: Minor Variety or Die Variety

1818/5 25C Browning 1 (Regular Strike)

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PCGS MS66

PCGS MS64

PCGS MS62
PCGS #:
38953
Diameter:
27.50 millimeters
Designer:
John Reich
Weight:
6.74 grams
Edge:
Reeded
Mintage:
361,174
Metal Content:
89.2% Silver, 10.8% Copper
Auction Record:
$182,125 • NGC MS67* • 8-5-2014 • Heritage Auctions
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Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS66 PCGS grade  

Louis E. Eliasberg, Sr. Collection - Bowers & Merena 4/1997:1367, $18,700 - Legend-Morphy 12/2013:83, $66,125 - Dr. Charles Link Collection

1 MS66 PCGS grade

RARCOA, sold privately in 7/1997 - Eugene H. Gardner Collection, Part I - Heritage 6/2014:30348, $55,812.50

1 MS66 PCGS grade

James A. Stack Collection - Stack’s 3/1975:12, $2,700 - Bowers & Merena 8/2000:1255, $17,250

1 MS66 estimated grade  

"Colonel" E.H.R. Green - Green Estate - Partnership of Eric P. Newman & B.G. Johnson (St. Louis Stamp & Coin Co.) - Eric P. Newman, who paid $10.00 - Eric P. Newman Numismatic Education Society - Heritage 11/2013:33336, $176,250 - Oliver Jung Collection - Heritage 8/2014:5569, $182,125

5 MS65 PCGS grade

Col. E.H.R. Green Collection - Numismatic Gallery 8/1946:418, $33 - John Jay Pittman Collection - David Akers 5/1998:1271, $40,700 (the Pogue catalog shows Lot 1275, which is incorrect) - D. Brent Pogue Collection -  Stack's/Bowers and Sotheby's 5/2015:1058, $32,900 - Kagin's 3/2017:1160, $31,725

Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS66 PCGS grade  

Louis E. Eliasberg, Sr. Collection - Bowers & Merena 4/1997:1367, $18,700 - Legend-Morphy 12/2013:83, $66,125 - Dr. Charles Link Collection

1 MS66 PCGS grade

RARCOA, sold privately in 7/1997 - Eugene H. Gardner Collection, Part I - Heritage 6/2014:30348, $55,812.50

1 MS66 PCGS grade

James A. Stack Collection - Stack’s 3/1975:12, $2,700 - Bowers & Merena 8/2000:1255, $17,250

1 MS66 estimated grade  

"Colonel" E.H.R. Green - Green Estate - Partnership of Eric P. Newman & B.G. Johnson (St. Louis Stamp & Coin Co.) - Eric P. Newman, who paid $10.00 - Eric P. Newman Numismatic Education Society - Heritage 11/2013:33336, $176,250 - Oliver Jung Collection - Heritage 8/2014:5569, $182,125

5 MS65 PCGS grade

Col. E.H.R. Green Collection - Numismatic Gallery 8/1946:418, $33 - John Jay Pittman Collection - David Akers 5/1998:1271, $40,700 (the Pogue catalog shows Lot 1275, which is incorrect) - D. Brent Pogue Collection -  Stack's/Bowers and Sotheby's 5/2015:1058, $32,900 - Kagin's 3/2017:1160, $31,725

5 MS65 PCGS grade

American Numismatic Rarities 3/2005:1666, $18,975 - Superior 5/2006:413, $23,575 - Stack's 3/2010:683, $25,000 - Stack's/Bowers 1/2013:13173, $27,025

5 MS65 PCGS grade
5 MS65 estimated grade  

Heritage 9/2005:2626, $14,950

9 MS64+ PCGS grade  

Heritage 8/2015:4018, $8,812.50 - Heritage 12/2015:3130, $11,750

Joe O'Connor: Of the ten die pairs known for 1818 Quarters, two employed a previously unused 1815 obverse die engraved by John Reich, which was later over-dated by Robert Scot for use in 1818. Browning 1 is the first use of this over-dated obverse, and it exhibits a strong over-date with the 5 under-digit clearly visible. Browning 3 is a later use of the obverse die, now lapped to erase nearly all evidence of the 5.

The James A. Stack Collection, a provenance well known to include many of the finest known Early American coins, also included three of the finest surviving 1818/5 Capped Bust Quarters. Sold in a single owner sale by Stack’s in March, 1975, lot 12, was one of the finest examples of Browning 1. The Stack collection also included two exceptional examples of Browning 3, lots 13 and 14.

Coins struck from both 1818/5 die pairs are regularly available in Mint State, and enough high grade, unattributed 1818 Quarters have now been attributed as Browning 3, that high grade B.3s should be priced as type coins for the series of Capped Bust, Large Size Quarters. However, examples of Browning 1 continue to bring premiums across all grades as the strongest examples of the 1818/5 overdate.