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

Description

Desirable 1796 Quarter

1796 25C XF40 NGC. High 6. B-2, R.3. Two varieties are known for the Draped Bust, Small Eagle quarter dollar coinage, a single year design and the first year of issue for the denomination. The two varieties can be quickly distinguished by the position of the digit 6, high and almost touching the bust on this B-2 variety, and lower, nearly centered between the bust and border, on the rarer B-1 variety. The next quarter dollar issue, struck eight years later in 1804, has the new Heraldic Eagle design. Mintage of these early issues was limited with just 6,146 quarters produced in 1796 and 6,738 more in 1804. It is reasonable to assume that the 1796 calendar year mintage corresponds with the actual production of coins bearing the 1796 date. One researcher, Robert Hilt, claimed that the 1796 B-1 variety was actually struck in 1804! He further claimed that the survival rate for the early quarter dollars was only 1.32%, a figure that is much too low. His figures suggest that only about 170 quarter dollars survive from both years, 1796 and 1804. The actual survival rate is probably more in the order of 8% to 10%, or about 1,000 to 1,200 examples for both years.
The present example is an attractive, well balanced, copper-gray representative, perfectly centered, with strong dentils around both sides, which is typical for the issue. Faint mint luster still radiates from some of the recessed areas, and examination under a loupe reveals no marks worthy of singular mention. For possible pedigree purposes, we point out a small linear mark equidistant between star two and the dentils, and another just to the left of the middle of the right ribbon coming out of the bowknot. Nice definition is displayed in most of Liberty's hair, and in the eagle's wing feathers. A desirable coin sure to appeal to a number of audiences.(Registry values: P7) (NGC ID# 23RA, PCGS# 5310)

Service and Handling Description: Coin/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
January, 2007
3rd-6th
Internet/Mail/Phone Bidders: 6
Members Tracking: N/A
Page Views: 598

Buyer's Premium per Lot:
15% of the successful bid (minimum $9) per lot.

Heritage membership

941,630
bidder-members
$883,856,462
sold in the last year

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 42 days left to consign to the 2015 October 29 - November 2 US Coins Signature Auction - New York!

Learn about consigning with us

I believe Heritage did a very good job of the cataloging. I am very pleased overall!
P.C. ,
Lexington, SC
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

2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
REALIZED $8,308,723
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
REALIZED $6,503,481
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
REALIZED $10,592,191

© 2015 Heritage Auctions | All Rights Reserved