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Lot
1489

1796 25C VF25 PCGS. High 6. B-2, R.3. The first year of issue with a total mintage of 6,146 coins, all minted between April...

2006 September Long Beach, CA Signature Auction #416

 
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Auction Ended On: Sep 14, 2006
Item Activity: 11 Internet/mail/phone bidders Number of Bidders
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Description:
Desirable 1796 B-2 Quarter Dollar, VF25
1796 25C VF25 PCGS. High 6. B-2, R.3. The first year of issue with a total mintage of 6,146 coins, all minted between April 9, 1796 and February 28, 1797. After these four deliveries, the next coinage warrant to include quarter dollars was dated June 12, 1804. It is almost certainly the case that this last group was entirely dated 1804, although some students have suggested that a portion of these coins struck in 1804 were actually dated 1796.
We have found that some series of coins from this era have a survival rate approaching 10% (1796 quarter eagles, for example). A smaller survival rate exists for the 1796 quarters, probably about 5% or 300 coins. This is one of the finer examples of those 300 coins with smooth surfaces and attractive color. A few light scratches are visible, especially on the reverse. Both sides have gray-brown toning in the fields with lighter silver color on the devices. Hints of pale blue add to the overall presentation.
From The Troy Wiseman Collection.(Registry values: P7) (NGC ID# 23RA, PCGS# 5310)

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