Goldberg Coins and Collectibles

Sale 81

The Pre-Long Beach Sale

Draped Bust Quarter Dollars
Lot Photo Description Realized
Lot 798
1796. NGC graded Details of Good plugged, whizzed. Popular one year only type coin and always in demand. Only 6,146 struck. A decent "space filler". As the only issue in the Draped Bust, Small Eagle Quarter series, the 1796 is a must-have coin for the serious type collector. It is also a scarce date with a paltry original mintage. Draped Bust of Liberty facing right, eight stars behind the portrait, seven in front, for a total of 15 (the only star count used on the quarter dollar, unlike other denominations of this design type). LIBERTY is above, the date 1796 is below. On the reverse a Small Eagle (so called), is enveloped by a wreath of laurel on one side and palm on the other, tied with a ribbon bow at the bottom. The dentils are long and prominent on both sides, a nice feature. Interestingly there is no mark of value on either side of the coin or on the edge to identify this is as a quarter dollar. It was just assumed that people understood this to be a quarter dollar from its dimensions and weight. US quarter dollars circulated in competition with the Spanish-American two-real piece, valued at the same amount in those days. In fact, it wasn't until 1857 that use of Spanish silver and gold coins was officially frowned upon by passage of the Act of 1857.
Estimated Value $5,000 - 6,000.
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