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    Description

    1796 B-2 Quarter, AU53
    Rare Cracked Obverse Die State
    Fourth-Finest Confirmed Example

    1796 25C B-2, R.3, AU53 PCGS. Cracked Obverse. Tompkins Die State 3/1. The Browning-2 variety is slightly more available than the B-1, and it is easily identified by a high 6 that nearly touches the drapery. Just the two die pairs were used to strike 6,146 inaugural-year quarters -- a one-year type, featuring Robert Scot's Draped Bust, Small Eagle design. No more quarters were struck until 1804, which employed the Heraldic Eagle reverse.

    This is a rare late die state B-2 example, with an amazing network of die cracks at ERTY of LIBERTY. The Rory Rea, Jim Koenings, and Aram Haroutunian reference lists 11 known pieces that grade from MS63 to VF20 for the Cracked Obverse die state, including an early appearance of one piece that is unverified. Perhaps another dozen or so examples exist in lower grades. This AU53 example rates as the fourth-finest, discounting the verified appearance. Partially prooflike surfaces show a light dappling of lilac-gray toning, with sharp definition on Liberty's hair and most of the stars. The eagle's breast is smooth from strike and wear, although the wing feathers are 80 to 90% complete. Mint luster glows from protected areas. We have handled just two non-impaired examples of the Cracked Obverse according to our auction archives.
    Ex: World's Greatest Collection Part II (Numismatic Gallery, 3/1945), lot 3; 3rd Edition ANA Grading Guide plate coin; Long Beach I Sale (New England Rare Coins, 6/1981), lot 468; Auction '86 (Superior, 7/1986), lot 1089; 69th Anniversary Auction (Stack's, 10/2004), lot 1267; HLRC 6/2006; present consignor.
    From The Watermark Collection. (NGC ID# 23RA, Variety PCGS# 38920, Base 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.

    View all of [The Watermark Collection ]

    Auction Info

    Auction Dates
    January, 2020
    8th-12th Wednesday-Sunday
    Bids + Registered Phone Bidders: 15
    Lot Tracking Activity: N/A
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