There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Opening Bid
:
Current Bid:
Reserve Amount:

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).


Notice: You are the current high bidder on this lot, but the next highest bid is within one increment. That means that any additional bids on this lot will outbid you. To increase your chances of winning, enter your highest maximum bid.

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).

You are the current high bidder on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid of %bidPretty% has been outbid.

Your secret maximum bid of %bidPretty% does not meet the reserve.

(Sign-In to see your maximum bid)

Your secret maximum bid does not meet the reserve.
(Sign-In to see your maximum bid)

Lot
5814

1797 $2 1/2 AU53 PCGS. BD-1, R.6....

2013 January 9-14 US Coin FUN Signature Auction - Orlando #1181

 
Sold for: Not Sold
Auction Ended On: Jan 10, 2013
Item Activity: 5 Internet/mail/phone bidders
467 page views
Location: Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:

1797 Quarter Eagle, BD-1, AU53
Rare Early Gold Issue
Only Four Finer Coins at PCGS
1797 $2 1/2 AU53 PCGS. BD-1, R.6. Bass-Dannreuther Die State b/a. Following the initial production of 66 quarter eagles that were delivered on September 21, 1796, mintages of this unwanted denomination remained small for many years. Less than 3,000 quarter eagles were coined during the first three years of the denomination, including 432 coins delivered on January 14, 1797, and a mere 427 coins delivered later in 1797, according to Mint records. Today, we believe that the January deliver were 1796 With Stars coins, and the later deliveries were dated 1797.
Only a couple dozen of those 1797 quarter eagles exist today, according to John Dannreuther, who estimates that 20 to 25 pieces are known. Those coins rarely appear in the marketplace, with just seven different specimens appearing in our auctions since the January 1993 beginning of our Permanent Auction Archives.
It is likely that the obverse die cracked during the hardening process before any coins were struck, Mint employees having no opportunity to create a new die. All known 1797 quarter eagles have a prominent die crack at the right side of the obverse, from the Y in LIBERTY to star 8 and down through the field to stars 12 and 13, with one specimen showing a massive cud obliterating the stars to the right.
The reverse die was used to strike the JR-1 1798/7 dimes as well as this quarter eagle variety, apparently after the quarter eagles, as none are known with the later die states that the dimes show.
The present example shows exuberant surfaces that show considerable luster remaining for the grade, with yellow-gold coloration . A few small ticks and abrasions appear scattered about under a loupe, none worthy of note. The strike is a trifle weak in the centers of each side, but all these footnotes are minor compared to the excellent eye appeal of this very rare coin. Population: 4 in 53, 4 finer (12/12).(Registry values: P9) (NGC ID# 25F4, PCGS# 7648)

View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
Sign-in or Join (free & quick)
Price Guide
Sign-in or Join (free & quick)
Population Guide
Sign-in or Join (free & quick)
Find Auction Prices for Comparable Items:

Photographs:
Sign-in or Join (free & quick) to see the full image




Videos:
FLOOR AUCTIONS View All
Open For Bidding
Coming Soon
HERITAGE MEMBERSHIP
878,281
bidder-members
$960,293,040
sold in the last year
VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 
CONSIGNMENTS WANTED
Only 27 days left to consign to the 2014 October 8 - 12 PNG New York Invitational Coin Show US Coins Signature Auction - New York!
Learn About Consigning With Us
Thank you so much for all your guidance and assistance throughout the auction process.
James M. Sigler
HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
HERITAGE VIDEO TUTORIAL
GETTING THE MOST OUT OF SEARCH
RECENT AUCTIONS
2014 July 10 - 13 Summer FUN US Coins Signature Auction - Orlando
2014 July 10 - 13 Summer FUN US Coins Signature Auction - Orlando
REALIZED $9,733,594
2014 April 10-12 & 15-16 CICF World and Ancient Coins Signature Auction - Chicago
2014 April 10-12 & 15-16 CICF World and Ancient Coins Signature Auction - Chicago
REALIZED $14,773,379
2014 April 24 & 28  CSNS World Currency Signature Auction - Chicago
2014 April 24 & 28 CSNS World Currency Signature Auction - Chicago
REALIZED $2,708,143