Another example minted by the Joseph Brothers circa 1853 but without a date. Total PCGS population graded to-date (8/2015) is 15 coins. There are 6 in this grade of MS62 with 2 finer.
Ex. Lot 127 from the April 2013 Holabird/Kagin Americana auction sale of the Jack Totheroh collection where it realized $3,878 (55% above the then PCGS published price guide of $2,500) and was described as:
No Date (1853) round ¼ Dollar, BG-205, Rarity 8*, Die State I (unbroken dies). Similar obverse to BG-204, star crowded under bust truncation, stars above and below denomination. Joseph Brothers’ work. Very Rare. Brilliant Uncirculated with faint bluish toning around devices, light scratch reverse. PCGS MS62. Only four sales records in thirty years, but 14 in the population report, indicating numerous resubmissions for upgrade. Serial# 02758895. Totheroh Collection HKA#63340. See this on Icollector.com
*We’re not sure why this coin was catalogued as Rarity-8, but is commonly referred to as a Rarity-6.
Obv: Same device as B.G.203 & 204 with 12 stars, but 5th star touches top of coronet and 12th star is in the base of the truncation.
Rev: * 1-4 DOLLAR * inside of wreath. 14 berries on wreath, 8 on left and 6 on the right. B.G.207 has the same reverse.