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Lot
8761

1796 $2 1/2 Stars MS61 PCGS....

2005 Ft. Lauderdale FL. (FUN) Signature Sale #360

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Auction Ended On: Jan 14, 2005
Item Activity: 9 Internet/mail/phone bidders
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Location: Fort Lauderdale, FL
Description:
One of the Finest Known 1796 With Stars Quarter Eagle, MS61, Ex: Steigerwalt, Clapp, Eliasberg
1796 $2 1/2 Stars MS61 PCGS. Breen-6114, Bass-3003, R.5. While the No Stars design of 1796 is the higher visibility coin with its one-year type design, the With Stars variant is actually considerably rarer. Less than half as many With Stars were struck as No Stars (432 vs. 963 pieces), and since the With Stars has the same design type as the successive years through 1807, it is an overlooked issue among early quarter eagles. The estimates of the number of survivors range from as few as 20 to 25 coins (Akers) to a high of 30 (Breen). The actual number of survivors is probably in the range of 50 to 60 coins. Virtually all are in the VF-XF grade range, most show central striking weakness, and adjustment marks are prevalent. This piece shows soft detailing in the center of each side and there are a few light adjustment marks located in the center of the reverse. Struck from a slightly rough planchet, there are a few tiny planchet flecks out of each side and pronounced die file marks are seen above and through the tops of S(TATE)S. Rich reddish-orange patina covers each side of this attractive coin with bright, semi-prooflike fields apparent (especially so on the reverse). Population: 1 in 61, 1 finer (11/04).
Ex: Charles T. Steigerwalt (5/1907); John H. Clapp; Louis E. Eliasberg, Sr., Eliasberg Collection (Bowers and Ruddy, 10/82), lot 80; Long Beach Connoisseur Collection (Bowers and Merena, 8/9/99), lot 337.
From The Cincinnati Collection.(#7647)(Registry values: P10) (NGC ID# 25F3, PCGS# 7647)

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