Description

    1796 Quarter Dollar, MS64
    The Only Small Eagle Issue
    A One-Year Design Type, B-2

    1796 25C MS64 NGC. B-2, R.3. In 1796 the Mint produced the first examples of coinage in three new series: silver dimes, silver quarters, and gold quarter eagles. This year is noted for numerous rarities, including the two-year half dollar type of 1796-97 and the quarter eagle varieties. Besides being the first year for quarter coinage (and the last until 1804), 1796 was also the first year that all five silver denominations, from the half dime to the dollar, employed the Draped Bust, Small Eagle design. Examples of the B-2 variety, also sometimes called the High 6 variant, are nearly always found with weakness on the eagle's head, as on the present piece. Star 15 is distant from the bust, and the 6 in the date nearly grazes the buxom portrayal of Liberty.
    It seems absurd to call this coin "only" an R.3. Rarity ratings take no account of condition. The "scarce" or R.3 rarity rating comprises coinage issues with surviving populations in the range from 201 to 500 pieces, whether they be Almost Good, Fine, Extremely Fine, AU, or MS64, the grade of the current assigned specimen. So, how many pieces measure up to this lovely example? The current combined NGC and PCGS population data show 14 coins graded MS64, with 12 pieces finer (1/11). While those figures, like all population data, likely include resubmissions, for practical purposes we coin catalogers must factor in the possibility that they just might all be, indeed, different coins. If so, then there are a total of 29 certified 1796 quarters--all of them the more-common B-2 variety--in MS64 and higher. In terms of conditional rarity among the certified population, this "R.3" coin suddenly becomes at least a low R.6 (25-30 pieces known), or "very rare."
    In terms of eye appeal, this outstanding coin is even more special. The fields are prooflike and brightly shine through the sometimes streaky gray-russet and deep blue toning, which deepens considerably around the margin. The striking details are especially strong for a B-2, with intricate definition on the hair curls of Liberty. There are virtually no marks on this splendid coin, and the only pedigree identifier worthy of note is a shallow planchet flake out of the obverse field above star 3. An outstanding example of this flashy, high-grade one-year type.(Registry values: P7) (NGC ID# 23RA, PCGS# 5310)

    Weight: 6.74 grams

    Metal: 89.24% Silver, 10.76% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    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
    March, 2011
    17th-20th Thursday-Sunday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
    Page Views: 7,901

    Buyer's Premium per Lot:
    15% 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
    Consign to the 2018 April 20 - 24 CCE World Coins Signature Auction - Chicago.

    Learn about consigning with us

    I am confident that I made the right decision to work with you and Heritage. And so I want to express my gratitude for all of your help.
    Jim M. ,
    Robbinsdale, MN
    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 December 7 - 10 US Coins Signature Auction - Dallas
    2017 December 7 - 10 US Coins Signature Auction - Dallas
    REALIZED $6,852,289
    2017 December 7 - 8 HKINF World Coins & Ancient Coins Signature Auction - Hong Kong
    2017 December 7 - 8 HKINF World Coins & Ancient Coins Signature Auction - Hong Kong
    REALIZED SO FAR $4,478,782
    2017 December 6 - 8 HKINF World Currency Signature Auction - Hong Kong
    2017 December 6 - 8 HKINF World Currency Signature Auction - Hong Kong
    REALIZED SO FAR $1,017,763