1796 $2 1/2 No Stars on Obverse, BD-2, R.4 -- Repaired -- PCGS Genuine. VF Details....

Description

1796 No Stars Quarter Eagle, VF Details
BD-2, Surprisingly Scarce in Lower Grades

1796 $2 1/2 No Stars on Obverse, BD-2, R.4 -- Repaired -- PCGS Genuine. VF Details. Undetermined obverse die state/Reverse die state b. The rarest U.S. coin type overall is the 1796-97 Draped Bust, Small Eagle silver half dollar, a two-year type. The 1796 No Stars quarter eagle is virtually tied with the 1808 quarter eagle for the honors of the rarest U.S. gold type coin. The Bass-Dannreuther Early U.S. Gold Coin Varieties places both types at R.4, estimating 125-150 known of the 1808 quarter eagle, compared to 104-131 known of the two die varieties of 1796 No Stars quarter eagles.

Garrett and Guth note that, despite the issue's overall rarity, a surprising number of 1796 No Stars quarter eagles survive in high grades: "In fact, it is easier to find a nice About Uncirculated example of this type than it is to find one in Very Fine."

The obverse field have been extensively smoothed, making it impossible to determine the die state. The surfaces are also hairlined. Still, the piece presents well for this high-demand gold type coin. Even yellow-gold surfaces show just a bit of original reddish patina still clinging to the reverse devices. There are no abrasions that merit mentioning.

Coin Index Numbers: (NGC ID# 25F2, Variety PCGS# 45501, Base PCGS# 7645, Greysheet# 213446)

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