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1806/4 $2 1/2 8x5 Stars AU55 PCGS. CAC....

2008 July-August Baltimore, MD (ANA) US Coin Signature Auction #1114

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Auction Ended On: Jul 31, 2008
Item Activity: 6 Internet/mail/phone bidders
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Baltimore, MD

Attractive 1806/4 BD-1 Quarter Eagle, AU55
1806/4 $2 1/2 8x5 Stars AU55 PCGS. CAC. BD-1, High R.4. Both sides have vivid green-gold luster with prominent splashes of rose and violet toning to enhance the aesthetic appeal. Minor reverse adjustment marks are noted on the clouds. Both sides exhibit some central weakness, as usual for these early quarter eagles.

Die State.
The obverse has a light die crack joining all letter tops of LIBERTY. A faint crack joins stars 9 and 10. Another crack joins stars 12 and 13 to the border near the date.

Condition Census.
Perhaps eight or nine Mint State examples are known, followed by an unspecified number of XF and AU coins.

None known.

Obverse Die. Overdate with the 4 visible beneath the left side of 6.
Serif of 1 is extremely close to the hair and top of 6 is merged with the bust. Left base of L barely misses touching the cap and LIB are more closely spaced than other letters. Eight stars left and five right. Star 1 touches the hair and star 8 touches the cap. Stars 9 and 13 are distant from Y and the bust. A long triangular dentil is over the left side of star 12.
State a. Perfect. State b. A light crack begins at a dentil left of L and continues through the tops of LIB. Another crack begins in the field above be and joins the tops of ERTY. A faint crack joins points of stars 9 and 10. Another crack joins stars 12 and 13 to the border near the date. State c. A rim break joins LI.

Reverse Die. Star 11 is sharply recut with a total of 10 points.
All E's are missing their upper left serif. D is equally close to the third and fourth feathers. ITED are each slightly higher than their adjacent letter to the left. E and D lean slightly right. First S is slightly low and A is slightly high. The upright of E is over the space between clouds 4 and 5. First A in AMERICA close to the third and fourth feathers. Final A touches the claw. AME and RI are close while ER and ICA are widely spaced. Leaves join I under the right foot and C at the center. Five berries with one stemless, two having short stems, and two having long stems. Only one arrow point extends past the right side of U with the outer arrow point below center of that letter. Thirteen large stars with only star 5 in the top row not touching the clouds. Star 12 has a point between the lower and upper beak with another point touching the ribbon. Star 13 is isolated in the field, not touching devices.
State a. Perfect.

Heritage Commentary.
This reverse was earlier used to produce quarter eagles, 1805 BD-1 and later to produce quarter eagles, 1806 BD-2, 1807 BD-1, and dimes, 1807 JR-1. The obverse die is not the same used in 1804, being an unused die prepared in the earlier year.

Consignor Commentary.

Purchased from Stuart Levine (4/1998).
From The Ed Price Collection.
(Registry values: P6) (NGC ID# 25FA, PCGS# 7654)

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