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Lot
7513

1796 $2 1/2 NO STARS

1998 ANA Signature Sale #190

 
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Auction Ended On: Aug 6, 1998
Item Activity: 1 Internet/mail/phone bidders
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Location: Portland, OR
Description:
Beautiful and Unquestionably Original 1796 No Stars Quarter Eagle
1796 No Stars AU 58 PCGS. Of the greatest importance to serious collectors, the 1796 No Stars quarter eagle is one of the most distinctive and highly desirable of all design types in United States coinage. The difference between No Stars and With Stars quarter eagles is not simply one of the addition of stars to the No Stars die, as one might imagine. Rather, each is a separately produced variety, the With Stars variety having different characteristics other than the presence of stars.
The obverse takes on the appearance of a medal, set as it is in an unadorned tondo and lacking any peripheral devices other than the word LIBERTY at the top of that side. Both sides are attractively and originally toned with an overlay of rose and lilac patina, which has accrued over the past two hundred years and has been left untampered by succeeding generations of collectors. Beneath the patination is a uniformly bright reflectivity. This prooflike finish was created by shallow striations which are still apparent with magnification, but certainly do not inhibit the eye appeal of the coin. While graded the same as the No Stars in our FUN Sale, we feel this piece is markedly superior in overall eye appeal and originality, with even less friction evident from handling. That piece realized an astounding $129,000 (with the 10% buyer's fee included). What is this piece worth? (NGC ID# 25F2, PCGS# 7645)

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