1823 Proof Capped Bust Quarter - 1823/2
Strike Type
Coin Details
Auction Record
$396,563 PR64 06-23-2014 Heritage Auctions
Description
The 1823 Proof Capped Bust Quarter - 1823/2 is a proof quarter struck at the Philadelphia Mint, part of the Capped Bust Quarters 1815-1838 series. With a mintage of only 1, this is an extremely rare issue. The obverse features Liberty facing left wearing a mob cap or turban, while the reverse displays a heraldic eagle with shield on breast, olive branch and arrows in talons, with a banner reading E PLURIBUS UNUM. Designed by John Reich. Struck in 89.2% silver, 10.8% copper, weighing 6.74 grams, 27.5 mm in diameter, with a reeded edge. Cataloged as PCGS #5368. The Capped Bust Quarter was first struck in 1815 — there is no 1808-1814 quarter production — making the 1815 a historically important first-year issue. The 1823/2 overdate is a classic rarity. The 1827 original (restrike controversial) and certain proof-only dates attract specialized collectors.
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