One of the most famous die cutting errors in American numismatics is slated to cross the block at the upcoming U.S. Coins Signature Auction, to be held in conjunction with the Long Beach Expo this June 8-13.
Auctioneers from Heritage Auctions, official Long Beach Expo auctioneer, said a small mintage of 64,080 U.S. Capped Bust 25-cent coins was struck in 1822, and there are two die varieties known to exist for that year-date. A Gem example of the scarcer B-2 variety, which is easily recognized by the blundered “25- over 50-cent” denomination on the reverse, is being offered in Professional Coin Grading Service (PCGS) Mint State (MS)-65. It’s tied for the finest example at PCGS.
The 194-year-old coin is tied for the finest example at PCGS.
Modern collectors cherish examples of the distinctive blundered reverse, said auctioneers, who added one recent sale includes the MS-66 specimen that realized $195,500 USD as Lot 564 of the Palm Beach Signature Sale in March 2006.
“The coin we are offering in Long Beach is a delightful Gem, with well-detailed design elements that show just a touch of the usual softness on the stars and eagle’s talons,” said auctioneers. “Attractive shades of lavender-gray, powder-blue, and golden-brown toning enhance the terrific eye appeal, with vibrant mint luster underneath. The surfaces are immaculately preserved. This coin should find a home in the finest collection or Registry Set.”
LONG BEACH EXPO
Since 1964, the Long Beach Expo – an international coin, currency, stamp and collectibles show – has been held three times each year in Long Beach, Calif. It brings together more than 10,000 dealers and collectors.
For more information, visit longbeachexpo.com.