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Lot
3507

1796 25C -- Repaired, Whizzed -- NGC Details. VF. B-1, R.4....

2012 July 12-15 US Coin Summer FUN Signature Auction - Orlando #1172

 
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Auction Ended On: Jul 12, 2012
Item Activity: 15 Internet/mail/phone bidders
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Location: Orange County Convention Center
9800 International Drive
Orlando, FL 32819
Description:

1796 B-1 Quarter, VF Details
Scarcer of Two Varieties
1796 25C -- Repaired, Whizzed -- NGC Details. VF. B-1, R.4. For a coin that is such a staple today, the quarter denomination got off to a slow start. While other silver denominations such as the half dollar and dollar were first struck in 1794, the quarter did not make its debut until 1796, when it had a paltry mintage of 6,146 pieces total, and there was no encore until 1804. By that time, the standard reverse device for silver had changed from an eagle-in-a-wreath to a larger heraldic eagle behind a shield, and so the quarters of 1796 form a one-year type. This is the scarcer B-1 variety that is identifiable by the date being more centered than the "High Date" B-2. The surfaces are light gray overall with underlying brightness from whizzing. The devices are surrounded by deeper, almost charcoal-gray patina around the devices.(Registry values: P7) (NGC ID# 23RA, PCGS# 5310)

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