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Description

1798 Quarter Eagle, AU58
BD-2, Five Berries Reverse
Only 45 to 55 Pieces Extant

1798 $2 1/2 Five Berries, BD-2, R.5, AU58 NGC. Bass-Dannreuther Die State b/a. The Guide Book reports a total mintage of 1,094 coins for the 1798 Draped Bust quarter eagle. Two varieties are known. BD-1 has a Close Date obverse and Four Berries reverse, while BD-2 features a Wide Date and Five Berries. The latter type is slightly more available, with an estimated mintage of 480 to 838 pieces -- John Dannreuther believes the total to be near the high end of that spectrum -- and a surviving population of 45 to 55 coins. The 1798 BD-2 quarter eagle is a rarity in any grade and seldom available, either privately or at public auction. That the reverse die was also used in the production of JR-4 1798 and JR-1 1800 dimes only adds to the issue's interest and appeal.

NGC has certified 23 1798 quarter eagles, including both varieties and across all grade levels. Seven submissions are graded AU58, plus one MS60, one MS61, two MS62, and one MS64. A single MS61 Prooflike is also reported at that service (7/20). This borderline-Uncirculated representative exhibits light chatter over yellow-gold surfaces, and a faint trace of reflectivity remains in the fields. Minor softness occurs over the centers, but the rest of the design is well-impressed. A die crack right of star 1 suggests a later state.
From The Canandaigua Collection.

Coin Index Numbers: (NGC ID# 25F5, Variety PCGS# 45505, Base PCGS# 7649)

Weight: 4.37 grams

Metal: 91.67% Gold, 8.33% Copper


Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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Auction Info

Auction Dates
September, 2020
18th-20th Friday-Sunday
Bids + Registered Phone Bidders: 20
Lot Tracking Activity: N/A
Page Views: 659

Buyer's Premium per Lot:
20% of the successful bid per lot.

Sold on Sep 18, 2020 for: $37,200.00
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