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All Posts Tagged With: "1796"

Stunning 1796 Quarter to be Offered by Goldberg’s at Pre Long Beach Coin Auction

Ira and Larry Goldberg‘s Jan 31- Feb 2, 2010 Pre- Long Beach auction catalog had been posted online, and the first coin that caught our eye was a stunning 1796 Draped Bust Quarter Dollar. . B-2, high 6. NGC graded MS-63.

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Only 6,146 pieces struck of which merely 650 are estimated to have survived. A beautifully toned Uncirculated example. This wonderful coin was housed for over 50 years in an old Raymond holder. Well struck with mirror surfaces.

As the sole issue in the Draped Bust, Small Eagle Quarter series, the 1796 is a must-have coin for every serious type collector. It is also a scarce date with a paltry original mintage of 6,146 pieces. This is a marvelous survivor whose surfaces are richly toned in dominant blue with silver-gray shades. Outlines of deeper patina are also seen around many of the obverse devices such as the stars.

The strike is expertly centered, all border denticles full with crisp definition. Liberty’s portrait on the obverse is overall sharply defined, this in spite of the often primitive conditions which were in play at the First U.S. Mint (hand-made planchets, hand-operated presses, hand-punched and engraved dies, etc.).

On the reverse, the eagle is nicely impressed for this a coin from this set of dies, marginally less so over the eagle’s head, but the detail on this side is evenly distributed. There are a few wispy hairlines here and there consistent with MS63 quality, but we stress that the surfaces are uncommonly smooth in appearance for an early U.S. silver coin over 200 years old! (more…)