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

Description

1796 Quarter Dollar, MS64
The Only Small Eagle Issue
A One-Year Design Type, B-2

1796 25C MS64 NGC. B-2, R.3. In 1796 the Mint produced the first examples of coinage in three new series: silver dimes, silver quarters, and gold quarter eagles. This year is noted for numerous rarities, including the two-year half dollar type of 1796-97 and the quarter eagle varieties. Besides being the first year for quarter coinage (and the last until 1804), 1796 was also the first year that all five silver denominations, from the half dime to the dollar, employed the Draped Bust, Small Eagle design. Examples of the B-2 variety, also sometimes called the High 6 variant, are nearly always found with weakness on the eagle's head, as on the present piece. Star 15 is distant from the bust, and the 6 in the date nearly grazes the buxom portrayal of Liberty.
It seems absurd to call this coin "only" an R.3. Rarity ratings take no account of condition. The "scarce" or R.3 rarity rating comprises coinage issues with surviving populations in the range from 201 to 500 pieces, whether they be Almost Good, Fine, Extremely Fine, AU, or MS64, the grade of the current assigned specimen. So, how many pieces measure up to this lovely example? The current combined NGC and PCGS population data show 14 coins graded MS64, with 12 pieces finer (1/11). While those figures, like all population data, likely include resubmissions, for practical purposes we coin catalogers must factor in the possibility that they just might all be, indeed, different coins. If so, then there are a total of 29 certified 1796 quarters--all of them the more-common B-2 variety--in MS64 and higher. In terms of conditional rarity among the certified population, this "R.3" coin suddenly becomes at least a low R.6 (25-30 pieces known), or "very rare."
In terms of eye appeal, this outstanding coin is even more special. The fields are prooflike and brightly shine through the sometimes streaky gray-russet and deep blue toning, which deepens considerably around the margin. The striking details are especially strong for a B-2, with intricate definition on the hair curls of Liberty. There are virtually no marks on this splendid coin, and the only pedigree identifier worthy of note is a shallow planchet flake out of the obverse field above star 3. An outstanding example of this flashy, high-grade one-year type.(Registry values: P7) (NGC ID# 23RA, PCGS# 5310)


Fees, Shipping, 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
March, 2011
17th-20th Thursday-Sunday
Bids + Registered Phone Bidders: 8
Lot Tracking Activity: N/A
Page Views: 7,741

Buyer's Premium per Lot:
15% 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 
Consign now
  • Cash Advances
  • More Bidders
  • Trusted Experts
  • Over 200,000 Satisfied Consignors Since 1976
Consign to the 2016 December 7 - 8 World Coins Signature Auction - Hong Kong.

Learn about consigning with us

Needless to say I was overwhelmed by the results of the auction and I truly believe it was Jill’s efforts in promoting and displaying the piece that brought in the extra value.
Joan,
Arlington, MN
View More Testimonials

HA.com receives more traffic than any other auction house website. (Source: Compete.com)

Video tutorial

Getting the most out of search

Recent auctions

2016 July 7 - 10 Summer FUN US Coins Signature Auction - Orlando Summer FUN
2016 July 7 - 10 Summer FUN US Coins Signature Auction - Orlando Summer FUN
REALIZED $6,575,672
2016 June 22 - 24 World Coins Signature Auction - Hong Kong
2016 June 22 - 24 World Coins Signature Auction - Hong Kong
REALIZED $2,788,640
2016 June 23 - 24 World Currency Signature Auction - Hong Kong
2016 June 23 - 24 World Currency Signature Auction - Hong Kong
REALIZED $779,437

© 2016 Heritage Auctions | All Rights Reserved