Description

    1797 Quarter Eagle, BD-1, AU53
    Rare Early Gold Issue
    Only Four Finer Coins at PCGS

    1797 $2 1/2 AU53 PCGS. BD-1, R.6. Bass-Dannreuther Die State b/a. Following the initial production of 66 quarter eagles that were delivered on September 21, 1796, mintages of this unwanted denomination remained small for many years. Less than 3,000 quarter eagles were coined during the first three years of the denomination, including 432 coins delivered on January 14, 1797, and a mere 427 coins delivered later in 1797, according to Mint records. Today, we believe that the January deliver were 1796 With Stars coins, and the later deliveries were dated 1797.
    Only a couple dozen of those 1797 quarter eagles exist today, according to John Dannreuther, who estimates that 20 to 25 pieces are known. Those coins rarely appear in the marketplace, with just seven different specimens appearing in our auctions since the January 1993 beginning of our Permanent Auction Archives.
    It is likely that the obverse die cracked during the hardening process before any coins were struck, Mint employees having no opportunity to create a new die. All known 1797 quarter eagles have a prominent die crack at the right side of the obverse, from the Y in LIBERTY to star 8 and down through the field to stars 12 and 13, with one specimen showing a massive cud obliterating the stars to the right.
    The reverse die was used to strike the JR-1 1798/7 dimes as well as this quarter eagle variety, apparently after the quarter eagles, as none are known with the later die states that the dimes show.
    The present example shows exuberant surfaces that show considerable luster remaining for the grade, with yellow-gold coloration . A few small ticks and abrasions appear scattered about under a loupe, none worthy of note. The strike is a trifle weak in the centers of each side, but all these footnotes are minor compared to the excellent eye appeal of this very rare coin. Population: 4 in 53, 4 finer (12/12).(Registry values: P9) (NGC ID# BFVR, PCGS# 7648)

    Weight: 4.37 grams

    Metal: 91.67% Gold, 8.33% Copper


    Fees, Shipping, and Handling Description: Coins & Currency (view shipping information)

    Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    January, 2013
    9th-14th Wednesday-Monday
    Bids + Registered Phone Bidders: 5
    Lot Tracking Activity: N/A
    Page Views: 633

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 5 days left to consign to the 2017 December 7 - 10 US Coins Signature Auction - Dallas!

    Learn about consigning with us

    Heritage Auctions is an honest, fair company. My trust in them is based on their keeping promises and following through on all my concerns... I recommend Heritage Auctions to handle and sell coins.
    Victoria L.,
    San Gabriel, CA
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2017 September 25 Virgil Brand Collection. U.S. and World Tokens and Medals US Coins Signature Auction - Dallas
    2017 September 25 Virgil Brand Collection. U.S. and World Tokens and Medals US Coins Signature Auction - Dallas
    REALIZED $89,367.00
    2017 September 7 - 12 Long Beach Expo World Coins Signature Auction - Long Beach
    2017 September 7 - 12 Long Beach Expo World Coins Signature Auction - Long Beach
    REALIZED $5,394,344
    2017 September 7 - 11 Long Beach Expo World Currency Signature Auction - Long Beach
    2017 September 7 - 11 Long Beach Expo World Currency Signature Auction - Long Beach
    REALIZED $1,501,861