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Lot
2307

1796 25C VG8 PCGS....

2009 April-May Cincinnati, OH (CSNS) US Coin Auction #1124

 
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Auction Ended On: Apr 30, 2009
Item Activity: 9 Internet/mail/phone bidders
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Location:

Duke Energy Center
525 Elm Street
Cincinnati, OH 45202

Description:
Desirable Very Good 1796 Quarter, B-2
1796 25C VG8 PCGS. B-2, R.3. The 1796 is the second rarest silver type coin, following the 1796 to 1797 half dollar. Both types are seldom seen, because silver depositors at the First Philadelphia Mint preferred coin payment in the largest possible denomination, which simplified accounting. Thus, quarters were only struck in 1796 prior to 1804, the year that silver dollar production ceased. By 1804, the Heraldic Eagle motif was standard for silver denominations, and the 1796 remained a low mintage single year type. The present piece has bold legends aside from weakness on STATES. Some wing plumage detail is present, and Liberty's curls also show some definition. Smooth aside from trivial hairlines from circulation and a minute reverse rim nick at 11:30.(Registry values: P7) (NGC ID# 23RA, PCGS# 5310)

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