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ANA Signature US Coin Sale 1258  2-6 Aug 2017
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Lot 3939

Starting price: 1 USD
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Early Quarters
1796 25C B-2, R.3 -- Repaired -- PCGS Genuine. VF Details. Tompkins Die State 2, obverse lapped. The surfaces show muted olive-gray and army-green patina with largely smooth texture. Some well-executed tooling is visible around the RTY in LIBERTY. The remainder of the coin is visually pleasing and well-detailed, particularly in Liberty's hair curls and the eagle's wing feathers.
The 1796 quarter dollar is heavily sought-after in any condition due to its general scarcity and the necessity of its one-year Small Eagle reverse type. The mintage was only 6,146 pieces, and then quarter dollar coinage was suspended until 1804, after the reverse design had been changed. Resources at the early Mint during this period were more focused on half cents and cents, and on silver dollars as requested by depositors of silver bullion. The smaller U.S. silver denominations had little demand in the early days of the Mint, since commercial needs were still almost entirely served by the well-established Spanish dollar and its subsidiary denominations. Luckily for modern collectors, the novelty of the Small Eagle quarter dollar of 1796 prompted enough pieces to be saved that it is usually obtainable today, albeit, for a price.

HID02901242017
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