1796 $2 1/2 No Stars VF20 Details, Damaged, Plugged, NCS. ...

Description

Affordable 1796 No Stars Quarter Eagle

1796 $2 1/2 No Stars VF20 Details, Damaged, Plugged, NCS. No Stars, Breen-6113, Bass-3002, R.5. The 1796 No Stars, one of only 963 pieces minted, is one of the few transcendent rarities in U.S. coinage that is well known outside the circle of gold specialists. It is a one-year type coin that has a distinctive design unlike any subsequent quarter eagle (which all have stars), it is the first date of the denomination, it is the first issue to ever showcase a heraldic eagle on the reverse, and it is the first coin struck with sixteen reverse stars honoring Tennessee's admission to the Union.
Unfortunately, this piece has a lot of disclaimers that are attached to it, the most prominent being the crudely repaired plug at the top of the obverse. Apprentice-like tooling work is seen on Liberty's cap, the BER of LIBERTY, and the eagle's tail feathers. The surfaces are heavily polished as this coin was probably used as a jewelry piece at one time. Still, a worthwhile, affordable example of this important gold offering.
From The Dr. Douglas Roane Collection.

Coin Index Numbers: (NGC ID# 25F2, PCGS# 7645, Greysheet# 8208)

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.

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