1798 $2 1/2 Wide Date, Five Berries, BD-2, R.5, AU58 PCGS....

Description

1798 Quarter Eagle, BD-2, Five Berries, AU58
Deep Original Coloration, Immense Appeal

1798 $2 1/2 Wide Date, Five Berries, BD-2, R.5, AU58 PCGS. Bass-Dannreuther Die State a. The Mint struck only 1,094 quarter eagles in 1798, employing two different die pairs. BD-2 is seen about twice as often as BD-1, but it is still distinctly rare, with only 45 to 55 coins believed extant. Coupled demand from both variety and date collectors puts this variety in a state of high bidder attention when offered at auction. This is the only use of this obverse, which cracks in a later state, but the reverse was later employed for the JR-4 1798 dime and the JR-1 1800 dime. The cross-usage of undated reverse dies was a time and cost-saving measure at the early Mint, as the dime and quarter eagle shared a common reverse design and were almost identical in diameter.

This near-Mint BD-2 coin is a remarkably appealing, undeniably original example. Both sides show vivid honey-gold patina with overtones of coppery-orange in the border recesses. Remnants of semiprooflike mirroring reside in the fields, and the design elements are well brought up. Struck from mildly rotated dies.

Coin Index Numbers: (NGC ID# 25F5, Variety PCGS# 45505, Base PCGS# 7649)

Weight: 4.37 grams

Metal: 91.67% Gold, 8.33% Copper

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

View Certification Details from PCGS