A lovely example with satiny lustre and attractive iridescent toning over mottled light gray surfaces. Tied for finest among 13 coins listed in the JRCS census. Coinage of quarter dollars in 1833 was limited to just 156,000, the lowest of this reduced size type. This has led many to describe this as a "rare date" although there was certainly a number of examples struck in later years. Just one obverse die was used to produce both known varieties. The reverse of this B-1 variety was earlier used for 1831 B-5, B-6, and 1832 B-1 quarters.

Heavy clash marks and prominent die rust are evident on the obverse. The reverse die has similar clash marks and die rust.

Die rust found on the obverse of 1833 B-1 quarter dollars provided the basis for an article by Louis A. Scuderi in issue 41 of the John Reich Journal. Based on this feature, the author prepared an article suggesting this as a possible link to climate in Philadelphia during the year.