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

Description

1796 Quarter Dollar, B-2, AU58
A Sharp One-Year Type Coin

1796 25C AU58 Prooflike NGC. B-2, R.3. The Draped Bust Small Eagle quarter dollar, bearing the date 1796, is struck from two obverse dies and one reverse die. The following identifiers confirm the more frequently seen B-2 variety: the 7 and 6 in the date are both high, the T and Y in LIBERTY do not touch, and star 15 is relatively far from the drapery.

The 1796 quarter dollar is a one-year type coin and one of the keys to completing an advanced collection of U.S. coins by design type. It ranks fifth in terms of reported mintage (6,146 pieces) of early (18th and 19th century) American type coins behind the 1796 No Stars quarter eagle (963 pieces), the Gobrecht silver dollar (about 1,900 pieces), the 1808 quarter eagle (2,710 pieces), and the Draped Bust Small Eagle half dollar (3,918 pieces).

Four deliveries comprise the 1796 quarter dollar mintage:


Warrant # 61 April 9, 1796 1,800 coins

Warrant # 63 May 27, 1796 2,530 coins

Warrant # 65 June 14, 1796 1,564 coins

Warrant # 81 Feb. 28, 1797 252 coins

Total 6,146 coins

A high number of this mintage was apparently saved as the 1796 is relatively available in all grades. Walter Breen (1988) contends that Co. E.H.R. Green amassed "a hoard of over 200 uncirculated 1796 quarter dollars." Steve Tompkins (2008), citing comments in Abe Kosoff Remembers puts the Green hoard at around 100 uncirculated pieces. Tompkins also suggests that a large number of 1796s may have been saved by the Bank of the United States.

The near-Mint State example in the present lot is an excellent choice for an advanced type collection. Its silver-gray surfaces retain ample luster and are tinted with light tan and soft bluish-gray. The design elements exhibit bold definition and are nicely centered on the planchet. All of the dentils are crisp, an attribute characteristic of the design type. A prominent toning spot just left of the F in OF will help to pedigree the piece. In sum, this is a most pleasing example of this classic piece of Americana. Census: 20 in 58, 32 finer (3/13).(Registry values: P7) (NGC ID# 23RA, PCGS# 5310)


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

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
April, 2013
24th-28th Wednesday-Sunday
Internet/Mail/Phone Bidders: 10
Lot Tracking Activity: N/A
Page Views: 1,064

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

Heritage membership

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 31 days left to consign to the 2016 April 27 - May 2 CSNS US Coins Signature Auction - Chicago!

Learn about consigning with us

Thank you for the outstanding job that your firm and employees did in selling the seized coins for the Internal Revenue Service.
William Beckham, Internal Revenue Service,
Dallas, TX
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

2016 February 4 - 7 Long Beach Expo US Coins Signature Auction - Long Beach
2016 February 4 - 7 Long Beach Expo US Coins Signature Auction - Long Beach
REALIZED $8,334,970
2016 January 12 - 13 World Coins - Dallas
2016 January 12 - 13 World Coins - Dallas
REALIZED $1,973,042
2016 January 7 - 11 FUN World Currency Signature Auction - Tampa
2016 January 7 - 11 FUN World Currency Signature Auction - Tampa
REALIZED $764,315

© 2016 Heritage Auctions | All Rights Reserved