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2406

1804 $2 1/2 14 Star Reverse AU55 NGC....

2009 February Long Beach, CA Signature US Coin Auction #1122

 
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Auction Ended On: Feb 6, 2009
Item Activity: 4 Internet/mail/phone bidders
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Location:

Long Beach, CA

Description:
14 Star 1804 Quarter Eagle, BD-2, AU55
1804 $2 1/2 14 Star Reverse AU55 NGC. Breen-6119, BD-2, R.4. The production totals of half eagles between the years of 1800 and 1807 were dramatically higher than that of the quarter eagles of the same era. For example, the 1804 five dollars had a recorded mintage of 30,475 coins, compared to only 3,327 two and a half dollars struck in the same year. Of course, the half eagle was exported in greater quantities and subsequently melted on a more extensive basis, but even today the availability of 1804 half eagles is greater than that of their little sisters by a factor of about two to one. The current quarter eagle offering is one of only two varieties for the date, although the other die marriage, BD-1, is rare with only about 10 extant specimens.
This example possesses pleasing, even yellow-gold coloration with a touch of reddish color on the right portion of the obverse. There are minimal distractions considering the assigned grade. Characteristic strike weakness is observed at the left obverse and reverse rims, but neither the eye appeal nor technical grade is negatively affected. Considering that NGC has certified only 16 1804 14 Star quarter eagles in Mint State as of (1/09), this Choice AU example represents a wonderful opportunity for discerning numismatists.(Registry values: P6) (NGC ID# 25F8, PCGS# 7652)

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