Menu
Welcome Sign-In | Join Now
Sold for Sign-in or Join (free & quick) includes Buyer's Premium (BP) 

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# BFVR, PCGS# 7648)

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

Glossary of Terms

Auction Info

Auction Dates
January, 2013
9th-14th
Internet/Mail/Phone Bidders: 5
Members Tracking: N/A
Page Views: 516

Buyer's Premium per Lot:
17.5% of the successful bid (minimum $14) per lot.

Heritage membership

945,434
bidder-members
$891,701,465
sold in the last year

Join Now - It's Free

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 39 days left to consign to the 2015 December 10 - 12 World Coins Signature Auction - Hong Kong!

Learn about consigning with us

Your overall service is very good. The quality of the catalogs for major sales are superior and very accurately described.
M.F. ,
Elmwood Park, IL
View More Testimonials

HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com

Video tutorial

Getting the most out of search

Recent auctions

2015 August 12 - 16 ANA US Coins Signature Auction - Chicago
2015 August 12 - 16 ANA US Coins Signature Auction - Chicago
REALIZED $34,886,064
2015 August 13 ANA World and Ancient Coins Platinum Night Auction
2015 August 13 ANA World and Ancient Coins Platinum Night Auction
REALIZED $9,688,775
2015 August 13 ANA Currency Platinum Night Auction - Chicago
2015 August 13 ANA Currency Platinum Night Auction - Chicago
REALIZED $1,870,380

© 2015 Heritage Auctions | All Rights Reserved