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Lot
2074

1796 25C VG8 NGC....

2010 April-May Milwaukee, WI CSNS US Coin Auction #1139

 
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Auction Ended On: Apr 29, 2010
Item Activity: 9 Internet/mail/phone bidders
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Location:

The Midwest Airlines Center
400 West Wisconsin Avenue
Milwaukee, WI 53203

Description:

1796 Draped Bust, Small Eagle Quarter, VG8
B-2, Classic One-Year Type Coin
1796 25C VG8 NGC. B-2, R.3. The 1796 Draped Bust, Small Eagle quarter is famous as a one-year type coin and the first date of the denomination. The date has been avidly collected since the earliest days of the hobby, with an example appearing at auction as early as lot 261 of the A.C. Kline Collection (Moses Thomas & Sons, 6/1855). From a tiny mintage of 6,146 pieces, the issue is popular with type collectors and series enthusiasts alike, and even worn specimens inspire intense competition whenever one is offered.
The present coin displays original, untampered surfaces, with a shallow horizontal scratch on the reverse from the eagle's right leg almost to the right wing. The nearly brilliant devices are in sharp contrast to the light gray patina over most of the surfaces, creating a two-toned appearance. Only two varieties are known for the year. The high 6 in the date identifies this coin as a representative of the more available B-2 variety. Multiple waves of die cracks are evident over RTY in LIBERTY, indicating a later die state.
From The Good Harbour Bay Collection.(Registry values: P7) (NGC ID# 23RA, PCGS# 5310)

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