1796 25C XF40 PCGS....
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|Auction Ended On:||Jan 10, 2008|
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Orange County Convention Center
The 1796 quarter is an important one-year type coin. The second year of quarter coinage occurred in 1804, where the Heraldic Eagle reverse replaced the Small Eagle reverse. Mint records indicate that 6,146 1796-dated quarters were produced. According to Bullion Journal A in National Archives Record Group 104, the 1796 quarter deliveries were as follows:
Warrant Date Delivery
6 April 9, 1796 1,800
63 May 27, 1796 2,530
65 June 14, 1796 1,564
81 February 28, 1797 252
Many 1796 quarters were saved as the first of their kind. Walter Breen, for example, in his Complete Encyclopedia of U.S. and Colonial Coins, writes: "When Col. E.H.R. Green inherited his mother's millions, he became a collector of (among other things) ... coins; and among his immense numismatic holdings was a hoard of over 200 uncirculated 1796 quarter dollars, of which at least 100 were more or less prooflike. A. Kosoff and Andre DeCoppet dispersed many of these to date and type collectors during the 1940s."
The XF40 example offered in the current lot displays medium gray patina with tan-gold highlights. Sharp definition shows on all of the design elements, and the dentilation is bold, especially on the obverse, as is typical for the issue. Aside from a few inoffensive obverse marks, the surfaces are remarkably clean for a coin that has seen some circulation. No adjustment marks are evident on either side.
Selections From Gobrecht's Raisinet Collection, the #1 Finest PCGS Registry Copper, Nickel and Silver Type Set.(Registry values: P7) (NGC ID# 23RA, PCGS# 5310)
Service and Handling Description: Coins & Currency (view shipping information)