Value of a 1825/4/(2) PCGS VF-30 Browning 3 Large Bust Quarter

tjkillian · January 21, 2013 1:16PM

I have an average looking 1825/4/(2) PCGS VF-30 Browning 3 Large Bust Quarter. Looking at the PCGS Price guide, it says it is worth about $3300.00. That seems very, very high. I am not familiar enough with Bust Quarters to even know what a Browning 3 really is! Is there a substantial premium for that particular flavor of 1825/4/(2)?

It is a nice coin and I LOVE large-size Bust quarters.

RichieURich · January 21, 2013 1:48PM

I am a dealer specializing in Bust and Seated silver coinage.

There are 3 varieties of 1825/4/(2) Bust quarters, B-1, B-2 and B-3. The B-1 variety is rare and is rated R5 (31 to 75 known). The other two varieties are common. For some reason, the PCGS Price Guide now has picked up the value of the B-1 quarter as the value of an 1825/4/(2) although about 98% of 1825 quarters are B-2's or B-3's. So the B-2's and B-3's values in the PCGS Price Guide are vastly overstated. Since I obviously have a stake in this, I will not estimate a value for the B-2's and B-3's, but auction records might help.

TPRC · January 21, 2013 2:20PM

I was just going through this in evaluating my average but nice looking PCGS xf-40, B-3, and noticed, again, this problem which hasn't been corrected. I valued mine at about 1550, the pcgs price guide value for a common date of that era, and I have no interest in selling it. Yours should be 900-1000 in vf-30, and, of course, it depends upon the look and originality of the piece. The price guide is just wrong as Rich implies. Now if it is a B-1, well that is a different story, or if it has a cud.....give Rich a call.

tjkillian · January 22, 2013 2:15AM

Excellent! Thanks for the heads-up. I thought as much. It seems strange that PCGS does not differentiate between varieties and that PCGS chooses the rarest variety for their price guide.

BaseballAbs · January 22, 2013 2:31AM

If this helps any I have a B-1 1825 PCGS VF30 Bust Quarter. I purchased it several years ago for $3565. Which I think is pretty spot on for a B-1 in that grade. A B-3 in the same would be quite a bit lower. I would look at the Heritage auction, past auction history to get Idea of what it's worth. Whenever I have a question like yours this is where I go to look.

Unknown · January 22, 2013 2:45AM

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Billet7 · January 22, 2013 8:49AM

Since everyone else is too modest, reserved or lazy, I will give you a range that you can expect for the coin in question. I would think $600 to $1300 would be an acceptable range for a PCGS graded coin. $600 would be a GREAT price, $1300 would be a strong price. Average might be $900 or so. I know that's a large range, but they really do vary that much depending on the coin. The B3 isn't rare enough to garner much of a premium over the standard B2. The PCGS price guide uses the B1 price for some reason, I've never understood why, I've contacted them about it in the past and nothing has changed.

Billet7 · January 22, 2013 8:50AM

<< For some reason I thought the B-1 wasn't an R-5 any longer, am I wrong? >>

I'm pretty sure it's still an R-5, could be wrong.

BTW Rich, nice to see a mid grade B1 in PCGS plastic, it's been a while!

tjkillian · January 22, 2013 9:07AM

<< Since everyone else is too modest, reserved or lazy, I will give you a range that you can expect for the coin in question. I would think $600 to $1300 would be an acceptable range for a PCGS graded coin. $600 would be a GREAT price, $1300 would be a strong price. Average might be $900 or so. I know that's a large range, but they really do vary that much depending on the coin. The B3 isn't rare enough to garner much of a premium over the standard B2. The PCGS price guide uses the B1 price for some reason, I've never understood why, I've contacted them about it in the past and nothing has changed. >>

Thank you very much for the information. I was given the coin last year as a Christmas present. It was procured from David Lawrence Rare coins. I like the coin but yesterday was the first day I actually checked the price guide for its value and I was shocked at the price. Now I know the PCGS price guide is for a different variety than the one I have.

This year I got only a 1853-C half eagle in VF in NGC Plastic. I now have a coin from every mint in the U.S. that was operating in the 19th century. I had already been given a 1852-D half eagle that is in a PCGS VF-35 holder.

Billet7 · January 22, 2013 9:14AM

You know what I got for Christmas...Socks.

Unknown · January 22, 2013 9:31AM

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Moldnut · January 22, 2013 10:09AM

<< 

<< 

<< For some reason I thought the B-1 wasn't an R-5 any longer, am I wrong? >>

I'm pretty sure it's still an R-5, could be wrong.

BTW Rich, nice to see a mid grade B1 in PCGS plastic, it's been a while! >>

I thought Stone said it was no longer an R-5, someone should ask him, hope my memory serves my naming Stone, >>

You might be thinking about the 1819 B1 as I have mentioned it before on the forum. Its a coin that really needs to fall from the R5 level.

As for the coin in question, prices have come down quite a bit on these coins from a few years ago. You often see them sell in the VF range for $500-$700. In fact Ive sold a few PCGS/NGC VF25s for $500 on our BST.

BaseballAbs · January 22, 2013 10:15AM

<< You know what I got for Christmas...Socks. >>

I got socks too, and a sweater.

Value of a 1825/4/(2) PCGS VF-30 Browning 3 Large Bust Quarter

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