The die has formed a complete retained cud, as seen. The cud is fully formed, and clearly loose in the die, though it has not completely fallen away. This is Tompkins Stage 6, his final stage, though personally, we feel like there is at least one later stage. Rea, et al describes two later stages... See their book for more info.
A toughie, and a great coin for the die state stage? If you haven't already, please check out both of the standard works on the Bust quarter series mentioned above. Steve Tompkins' wonderful effort has been out for a while, but the book more recently published by Rory Rea, et al is also well worth your attention. Both are monumental works, and - though they cover the same subject - they are actually quite different.Both have places of honor in our library, and we strongly suggest that both deserve a similar place in yours. Please Google either for ordering info. DavidKahnRareCoins is your source for scarce, rare and high-quality collector coins.
We are members of all leading numismatic organizations, including the ANA (Life 6503) and the prestigious Professional Numismatists Guild, better known as the PNG David L. We are also PCGS, NGC and CAC Authorized, and can serve as submission centers for our customers. More info on this, as well as other services we provide may be found on our website or by contacting us as noted below. We are happy to answer questions or address issues. Our Customer Service department is open Monday thru Saturday from 8am to 6pm eastern time. The cost to you is FREE. Consider signing up for our store newsletter so you don't miss anything! We'll make it right! The item "1825/4 (2) B. 3 Rare die state Capped Bust quarter, PCGS G4 DavidKahnRareCoins" is in sale since Friday, February 14, 2020. This item is in the category "Coins & Paper Money\Coins\ US\Quarters\Capped Bust (1815-38)". The seller is "davidkahnrarecoins" and is located in Olney, Maryland. This item can be shipped to United States.