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Lot
2667

1796 $2 1/2 No Stars--Genuine--PCGS....

2009 April-May Cincinnati, OH (CSNS) US Coin Auction #1124

 
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Auction Ended On: Apr 30, 2009
Item Activity: 11 Internet/mail/phone bidders
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Location:

Duke Energy Center
525 Elm Street
Cincinnati, OH 45202

Description:
Legendary No Stars 1796 Quarter Eagle, BD-2
1796 $2 1/2 No Stars--Genuine--PCGS. Breen-6113, BD-2, R.4. We suggest a details grade of AU50, and a net grade of VF20. The left and right obverse field has been carefully smoothed. The reverse has nearly complete luster. Obverse luster is limited to Liberty's neck curls. The centers are softly struck, and the portrait exhibits a few moderate adjustment marks, as produced. A couple of wispy and unimportant pinscratches are noted between the AT in STATES. Honey-gold toning is prominent, particularly on the reverse.
The 1796 No Stars quarter eagle is highly coveted for its rarity as a type coin. Stars were introduced on the 1796 BD-3, which makes the No Stars variety a single-year type. It is also important for its status as the first year of the denomination. The Guide Book reports a mintage of just 963 pieces.(Registry values: P10) (NGC ID# 25F2, PCGS# 7645)

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