Sold for: Sign-in or Join (free & quick)
includes Buyer's Premium (BP) 

    Description

    Still-Lustrous AU53 1796 Quarter
    Scarcer B-1 Die Pair

    1796 25C AU53 NGC. B-1, R.4. The low mintage of a meager 6,146 Bust quarters in 1796, the inaugural year for the new American denomination, can be laid at the feet of the U.S. half dollar denomination, which was a workhorse among early coin series. The Spanish Colonial two reales coins were also widely available in the late 18th century and the first half of the 19th century in America and elsewhere, worth 25 American cents and widely accepted as an alternative to the U.S. quarter. The fledgling U.S. Mint, with its limited bullion deposits and meager capacity, could scarcely compete with the pervasive Spanish Colonial coins, which were made most prominently in Mexico (Mexico City), Peru (Lima), Bolivia (Potosí), and Colombia (Santa Fe de Bogotá), and other locations.

    It would be 1857 before the legal tender status of the foreign silver coins in America would be revoked. The 1796-dated U.S. quarters would be the last of the denomination until 1804, by which time the Heraldic Eagle appeared on the reverse. Two different obverse dies were used to produce the 1796 issue. This example of B-1, the less common obverse which is very scarce in all grades, shows Tompkins Die State 3/3, a late state with prominent crack to the left of the 1 in the date.

    Deep gunmetal-gray surfaces have significant blue and green overtones. Liberty's portrait shows a number of adjustment marks, both near-horizontal and near-vertical, but these do not influence the grade. The reverse has a smoother appearance despite being technically slightly inferior, yet it too is thoroughly pleasing for an AU53 coin, still-lustrous with only isolated wear on the high design elements of the eagle's breast and leg.(Registry values: P7) (NGC ID# 23RA, PCGS# 5310)


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

    Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    April, 2013
    24th-28th Wednesday-Sunday
    Bids + Registered Phone Bidders: 7
    Lot Tracking Activity: N/A
    Page Views: 1,182

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

    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 28 days left to consign to the 2017 July 6 - 10 Summer FUN US Coins Signature Auction - Orlando Summer FUN!

    Learn about consigning with us

    This was my first time with your firm. I was pleased with all aspects of your handling my bids.
    J.C.,
    Albron, NC
    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 April 4 - 6 US Coins Signature Auction - Dallas
    2017 April 4 - 6 US Coins Signature Auction - Dallas
    REALIZED $9,828,007
    2017 April 7 - 10 CCE World Coins & Ancient Coins Signature Auction - Chicago
    2017 April 7 - 10 CCE World Coins & Ancient Coins Signature Auction - Chicago
    REALIZED $6,345,113
    2017 January 5 - 9 FUN World Currency Signature Auction -
    2017 January 5 - 9 FUN World Currency Signature Auction -
    REALIZED $1,283,993