LOT #6247 |
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1796 $2 1/2 NO STARS
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Sold on Jun 5, 1998 for:
$34,500.00
Bid Source: Live: Floor bidder
Description
Rare and Always-Popular 1796 No Stars Quarter Eagle
1796 No Stars XF 40 PCGS. The 1796 No Stars, one of only 963 pieces minted, is one of the few transcendent rarities in U.S. coinage that is well known outside the circle of gold specialists. It is a one-year type coin that has a distinctive design unlike any subsequent quarter eagle (which all have stars), it is the first date of the denomination, it is the first issue to ever showcase a heraldic eagle on the reverse, and it is the first coin struck with sixteen reverse stars (honoring Tennessee's admission to the Union).A modest amount of friction is seen over the highpoints of the design and the centers show some striking softness, as often seen on this type. In the fields there are a few small lint marks including a squiggly one in the lower right obverse field, and these are accompanied by several shallow marks and scratches, none of which merit individual mention. Reddish-golden colored surfaces.
Coin Index Numbers: (NGC ID# 25F2, PCGS# 7645, GSID# 8208)
Metal: 91.67% Gold, 8.33% Copper
Weight: 4.37 grams
AGW: 0.14oz
Mintage: 963
Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.
Auction Info
1998 June Long Beach Sale #187 (go to Auction Home page)
Auction Dates
June, 1998
4th-5th
Thursday-Friday
Bids + Registered Phone Bidders: 4
Lot Tracking Activity: N/A
Page Views: 589
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Sales Tax information | PCGS Guarantee of Grade and Authenticity
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Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms | US & World Coin Grading Tutorial
