1796 $2 1/2 NO STARS

Description

1796 No Stars Quarter Eagle

1796 No Stars AU 50 Rim Repaired, Cleaned. 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).
A modest amount of friction is seen over the highpoints of the design and the centers show some striking softness, as often seen on this type. The fields impart an unnaturally bright appearance from having been polished and there is visible repair on the rim at 12 o'clock. Two small indentions at the right obverse border are also noted, as this coin was probably used as a jewelry piece at one time. Still, a worthwhile example of this important gold offering.

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

Metal: 91.67% Gold, 8.33% Copper
Weight: 4.37 grams
AGW: 0.1288oz
Mintage: 963

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.