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

1822 25C 25/50C (Regular Strike)

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PCGS MS65+

CLOSEUP OF REVERSE

PCGS MS65
PCGS #:
5333
Diameter:
27.50 millimeters
Designer:
John Reich
Weight:
6.74 grams
Edge:
Reeded
Mintage:
64,080
Metal Content:
89.2% Silver, 10.8% Copper
Auction Record:
$184,000 • NGC MS66 • 4-1-2009 • Heritage
Go To Grade
  • 3
  • 4
  • 6
  • 8
  • 10
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  • 15
  • 20
  • 25
  • 30
  • 35
  • 40
  • 61
  • 64
  • 65
  • 65+
  • 66
3
4,500
2
3
4
5,900
3
4
6
7,200
3
6
8
11,000
5
8
10
14,000
4
10
12
18,000
1
12
15
19,500
2
15
20
22,500
1
20
25
25,000
1
25
30
27,500
2
30
40
35,000
1
40
61
65,000
1
61
64
95,000
2
64
65
125,000
1
65
65+
160,000
1
65+
Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 42 R-8.6 2 / 15 2 / 24
60 or Better 2 R-9.9 1 / 15 TIE 1 / 24 TIE
65 or Better 1 R-10.0 1 / 15 TIE 1 / 24 TIE
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS65 PCGS grade

Peter Mougey Collection, purchased intact by William H. Woodin - Thomas Elder 9/1910:687 - John H. Clapp Collection, sold intact in 1942 - Louis E. Eliasberg, Sr. Collection  - Bowers & Merena 4/1997:1385, $61,600 - Heritage 3/2006:564 (as NGC MS66 685822-002), $195,500 - Joseph C. Thomas Collection - Heritage 4/2009:2323, $184,000 - D. Brent Pogue Collection - Stack’s/Bowers & Sotheby’s 5/2015:1071, $188,000

1 MS65 PCGS grade  

Heritage 6/2016:4429, $108,687.50

1 MS65 estimated grade  
4 MS64 PCGS grade
Plate coin in “Walter Breen's Encyclopedia Of United States and Colonial Proof Coins: 1722 - 1977”
 
Listed as “PR63” in Steve Tompkins “Early United States Quarters: 1796-1838”
 
Virgil Brand Collection - Steve Ivy, sold privately in 1976 - Heritage 8/1997:8252, $29,900 - Larry Whitlow, sold privately in 5/1998 - Eugene Gardner Collection - Heritage 10/2014:98345, $123,375
4 MS64 PCGS grade

Heritage 1/2007:907, $69,000

Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS65 PCGS grade

Peter Mougey Collection, purchased intact by William H. Woodin - Thomas Elder 9/1910:687 - John H. Clapp Collection, sold intact in 1942 - Louis E. Eliasberg, Sr. Collection  - Bowers & Merena 4/1997:1385, $61,600 - Heritage 3/2006:564 (as NGC MS66 685822-002), $195,500 - Joseph C. Thomas Collection - Heritage 4/2009:2323, $184,000 - D. Brent Pogue Collection - Stack’s/Bowers & Sotheby’s 5/2015:1071, $188,000

1 MS65 PCGS grade  

Heritage 6/2016:4429, $108,687.50

1 MS65 estimated grade  
4 MS64 PCGS grade
Plate coin in “Walter Breen's Encyclopedia Of United States and Colonial Proof Coins: 1722 - 1977”
 
Listed as “PR63” in Steve Tompkins “Early United States Quarters: 1796-1838”
 
Virgil Brand Collection - Steve Ivy, sold privately in 1976 - Heritage 8/1997:8252, $29,900 - Larry Whitlow, sold privately in 5/1998 - Eugene Gardner Collection - Heritage 10/2014:98345, $123,375
4 MS64 PCGS grade

Heritage 1/2007:907, $69,000

4 MS64 estimated grade  
7 MS62 estimated grade  
8 MS61 PCGS grade  

Norweb Collection - Bowers & Merena 3/1988:1537 - American Numismatic Rarities 1/2005:427, $43,700 - Stack's/Bowers 8/2011:7308, not sold

Ron Guth:

Two die varieties comprised the entire mintage of the 1822 Quarter Dollars: one variety is the 25/50C and the other shows a normal denomination.  The Blundered Denomination occurred when the die sinker punched a "50" into the die instead of a "25", thus creating and undersized, new "Half Dollar."  The error was caught and corrected, but the underlying 50 remained visible, and little or no efforts were made to efface it.  Based on die evidence, researcher and author Steve Tompkins concluded that the Blundered Denomination resulted from a die left over from 1818.  The Blundered Denomination appears to be two to three times as scarce as the normal reverse.

As might be expected, Mint State examples of the Blundered Denomination are quite rare.  We know of five Mint State examples, ranging in grade from PCGS MS61 to PCGS MS65+.


Denis Loring: A tough one to find in any grade, and in great demand by both "Red Book" collectors and Bust Quarter vasriety specialists. The Eliasberg gem brought $184,000 in Heritage 4/09:2323. High-grade examples are extremely rare: only eight are known above VF.