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1796 $2 1/2 Stars--Repaired, Cleaned--ANACS. VF Details, ...

2003 September Long Beach Signature Sale #330

 
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Auction Ended On: Sep 19, 2003
Item Activity: 5 Internet/mail/phone bidders
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Location: Long Beach, CA
Description:
Extremely Rare 1796 Stars Quarter Eagle
1796 $2 1/2 Stars--Repaired, Cleaned--ANACS. VF Details, Net Fine 12. There were two distinct types of Quarter Eagles minted in 1796: No Stars and With Stars. Of the two, the No Stars is more valuable as a one-year type, but the Stars type is considerably rarer. Only 432 pieces were struck of the Stars design and estimates of survivors range from as few as 20 to 25 coins (Akers) to a high of 30 (Breen). The actual quantity extant may be closer to 40 pieces. It has been more than five years since our last offering of a 1796 Stars Quarter Eagle, that being a holed and plugged example in the 1998 Portland ANA Sale. Virtually all known specimens are in the VF-XF grade range and most show central striking weakness along with frequent adjustment marks. This piece falls into the average grade range in terms of detail, but the somewhat pockmarked surfaces are bright from cleaning. An old scratch is noticed on the lower portion of the shield.
From The Dr. Douglas Roane Collection. (NGC ID# 25F3, PCGS# 7647)

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