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SERIES: Liberty Seated Quarters 1838-1891
LEVEL: Year, MintMark, & Major Variety

1842 25C Small Date (Proof)

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PCGS PR64
PCGS #:
5536
Diameter:
24.30 millimeters
Designer:
Robert Ball Hughes/Christian Gobrecht
Weight:
6.74 grams
Edge:
Reeded
Mintage:
6
Metal Content:
90% Silver, 10% Copper
Auction Record:
$282,000 • PCGS PR65 • 10-27-2014 • Heritage
Go To Grade
  • 62
  • 62+
  • 63
  • 63+
  • 64
  • 64+
  • 65
  • 66
62
65,000
62
62+
69,000
62+
63
85,000
63
63+
98,000
63+
64
150,000
1
64
64+
170,000
64+
Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 7 R-9.6 9 / 22 TIE 12 / 54 TIE
60 or Better 6 R-9.7 6 / 22 TIE 8 / 54 TIE
65 or Better 1 R-10.0 1 / 22 TIE 1 / 54 TIE
Condition Census (Explain)
Pos Grade Thumbnail Pedigree and History
1 PR65 PCGS grade  

B. Max Mehl “Jerome Kern” 5/1950:1432 - Louis E. Eliasberg, Sr. Collection - Bowers & Merena 4/1997:1428, $66,000 - Bowers & Merena 7/2002:210 - Greensboro Collection - Heritage 8/2013:5587, $258,500 - Heritage 10/2014:98393, $282,000

The inclusion of Heritage 5/2003:2380, $126,500 in this pedigree by Heritage in their 8/2013 catalog is incorrect - the plates do not match.

1 PR65 estimated grade  

Norweb Collection - Bowers & Merena 3/1988:1572, $46,200 - Bowers & Merena 5/1992:1179, $36,300 - The Mint (Jay Parrino) Bradley Hirst (Richmond Collection) - David Lawrence 3/2005:1516, $132,250 - Rod Sweet Collection - Heritage 1/2015:4097, $164,500

3 PR64 PCGS grade

James Aloysius Stack Collection - Stack’s 3/1975:55 - Bowers & Ruddy 8/1978 - Stack’s, sold privately - Reed Hawn Collection - Stack's 10/1993:389

3 PR64 estimated grade  

J.P. Morgan (1908) - American Numismatic Society

Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 PR65 PCGS grade  

B. Max Mehl “Jerome Kern” 5/1950:1432 - Louis E. Eliasberg, Sr. Collection - Bowers & Merena 4/1997:1428, $66,000 - Bowers & Merena 7/2002:210 - Greensboro Collection - Heritage 8/2013:5587, $258,500 - Heritage 10/2014:98393, $282,000

The inclusion of Heritage 5/2003:2380, $126,500 in this pedigree by Heritage in their 8/2013 catalog is incorrect - the plates do not match.

1 PR65 estimated grade  

Norweb Collection - Bowers & Merena 3/1988:1572, $46,200 - Bowers & Merena 5/1992:1179, $36,300 - The Mint (Jay Parrino) Bradley Hirst (Richmond Collection) - David Lawrence 3/2005:1516, $132,250 - Rod Sweet Collection - Heritage 1/2015:4097, $164,500

3 PR64 PCGS grade

James Aloysius Stack Collection - Stack’s 3/1975:55 - Bowers & Ruddy 8/1978 - Stack’s, sold privately - Reed Hawn Collection - Stack's 10/1993:389

3 PR64 estimated grade  

J.P. Morgan (1908) - American Numismatic Society

P. Scott Rubin: The 1842 Small Date Quarter is a Proof only issue, it is a very rare coin with only six known examples. One coin is in the collection of the American Numismatic Society, a gift from J.P. Morgan (originally in the Brock Collection which at one time was in the collection of the University of Pennsylvania).

The first time this variety was offered appears to be in the December of 1890 sale by Philadelphia coin dealers S.H. and Henry Chapman of the Thomas Cleneay Collection. The really odd thing is this collection contained two 1842 Proof Sets, lots 837 and 838, this means that two 1842 Small Date Quarters were offered in this 1890 Sale. The next offering I can find of an 1842 Small Date Quarter and the first time it is described as having a Small Date is in Charles Steigerwalt’s Fixed Price List number 39 dated June, 1893 where he offers one for $20. The only other 19th century auction of an 1842 Small Date Quarter comes in the Chapman Brothers sale of December, 1895 offering of the Richard B. Winsor Collection, again the Quarter is included in a Proof Set, without making note of the Small Date on the Quarter, but its lot description leads me to believe it is a reappearance of lot 838 of the 1890 Cleneay set.

In the first half of the 20th Century there appear to be only two auctions of this coin, the Chapman Brothers 1906 Sale of the H.P. Smith Collection and the 1915 U.S. Coin Co.’s May, 19th Sale. Since 1950 there have been twenty auctions of the five available 1842 Small Date Quarters. The last appearance of an 1842 Small Date Quarter occurred in Heritage’s August, 2013 Platinum Night Sale of the Ex. Eliasberg Specimen, where the PCGS PF-65 graded coin brought a record price of $258,500.