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SERIES: Capped Bust Quarters 1815-1838
LEVEL: Year, MintMark, & Major Variety

1815 25C (Regular Strike)

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PCGS MS66+

PCGS MS65+

PCGS MS64
PCGS #:
5321
Diameter:
27.50 millimeters
Designer:
John Reich
Weight:
6.74 grams
Edge:
Reeded
Mintage:
89,235
Metal Content:
89.2% Silver, 10.8% Copper
Auction Record:
$282,000 • NGC MS67+* • 11-15-2013 • Heritage Auctions
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25
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1
66+
Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 1,875 R-4.6 13 / 15 15 / 24 TIE
60 or Better 67 R-8.3 12 / 15 TIE 16 / 24 TIE
65 or Better 6 R-9.7 8 / 15 TIE 13 / 24 TIE
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
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 $12.50 - Eric P. Newman Numismatic Education Society - Heritage 11/2013:33335, $282,000

2 MS66 PCGS grade

Stack’s, sold privately in the 1940s - Hank Rogers Collection, sold privately in the early 1970’s - Jimmy Hayes Collection - Stack’s 10/1985:35 - E. Richard Collection - Stack’s 10/1989:684 - D. Brent Pogue Collection - Stack’s/Bowers & Sotheby’s 5/2015:1057, $96,937.50

2 MS66 PCGS grade  

Heritage 7/2003:6908, $60,950.00 - American Numismatic Rarities 3/2004:532, $50,600.00 - Heritage 1/2005:30173, not sold - Stack's 11/2005:221, $55,200.00 - Stack's 1/2008:327, $57,500.00 - Heritage 1/2009:3718, $48,875.00 - Heritage 5/2009:603, $27,600.00 - Heritage 9/2009:559, not sold - Heritage 1/2010:2503, $37,375.00 - Dr. Charles Link Collection

2 MS66 PCGS grade  

Bowers & Merena 1/2005:679, $46,000.00 - Heritage 4/2009:2319, $48,875.00

5 MS65+ PCGS grade

Bowers & Merena 4/2005:440 4/2005:440, not sold - Richard C. Jewell Collection - Stack's/Bowers 8/2011:7305, $41,400.00 (p) - “Perfection 4” Collection (PCGS Set Registry)

Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
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 $12.50 - Eric P. Newman Numismatic Education Society - Heritage 11/2013:33335, $282,000

2 MS66 PCGS grade

Stack’s, sold privately in the 1940s - Hank Rogers Collection, sold privately in the early 1970’s - Jimmy Hayes Collection - Stack’s 10/1985:35 - E. Richard Collection - Stack’s 10/1989:684 - D. Brent Pogue Collection - Stack’s/Bowers & Sotheby’s 5/2015:1057, $96,937.50

2 MS66 PCGS grade  

Heritage 7/2003:6908, $60,950.00 - American Numismatic Rarities 3/2004:532, $50,600.00 - Heritage 1/2005:30173, not sold - Stack's 11/2005:221, $55,200.00 - Stack's 1/2008:327, $57,500.00 - Heritage 1/2009:3718, $48,875.00 - Heritage 5/2009:603, $27,600.00 - Heritage 9/2009:559, not sold - Heritage 1/2010:2503, $37,375.00 - Dr. Charles Link Collection

2 MS66 PCGS grade  

Bowers & Merena 1/2005:679, $46,000.00 - Heritage 4/2009:2319, $48,875.00

5 MS65+ PCGS grade

Bowers & Merena 4/2005:440 4/2005:440, not sold - Richard C. Jewell Collection - Stack's/Bowers 8/2011:7305, $41,400.00 (p) - “Perfection 4” Collection (PCGS Set Registry)

6 MS65 PCGS grade  

Stack's/Bowers & Sotheby's 10/2015:26, not sold - Stack's/Bowers & Sotheby's 2/2016:110, not sold - Legend Rare Coin Auctions 5/2016:138, $32,900.00

6 MS65 PCGS grade  

Stack's 5/2006:1425, not sold - Eugene H. Gardner Collection, Part III - Heritage 5/2015:98319, $25,850

6 MS65 estimated grade  

Heritage 1/2007:905, $34,500.00 - Heritage 1/2008:2776, $35,937.50

Joe O'Connor: 1815 is the first year for the Capped Bust Quarter type, and all known survivors are struck from a single die pair. In his “Early United States Quarters 1796-1838”, Steve Tompkins includes correspondence between Bailly Blanchard, head cashier of the Planters Bank of New Orleans, and Mint Director Robert L. Patterson, where Blanchard pleaded with Patterson to return only quarter dollars in exchange for the bank’s deposit of silver. After much hesitation, as no quarter dollar dies were available, Patterson gave in to Blanchard’s request, and production of the quarter dollar denomination was resumed.

While regularly available in Choice grades, true Gems with original surfaces are elusive.

Ron Guth: After an eight-year hiatus, the U.S. Mint resumed production of Quarter Dollars in 1815.  In that year, Mint employees produced a total of 89,235 Quarters, a significant reduction from the mintage of 1807 and far below the number of Quarter Dollars that would be produced three years later in 1818. Apparently, there was some economic reason for producing Quarter Dollars in 1815 which, hopefully, was satisfied by the new production.

The 1815 is semi-scarce, but there are ample supplies of Mint State examples to satisfy collector demand, though prices are high (as are the prices for most early U.S. type coins).  The top ten examples of this date include coins graded from MS65 to MS67, the best coin being the NGC MS67 example from the Eric P. Newman collection.