Lot 4541
1805 $2.50 Capped Bust. NGC graded MS-61. Only 1,781 minted. Frosty and untoned. This series of Capped Bust Right quarter eagles comprised only a few issues from 1796 to 1807. Mintage was always low, with 1805 being typical. The rarity of 1805 is largely overlooked and unappreciated. This choice Mint State example displays smooth yellow-gold surfaces with accents of luster everywhere on the obverse and reverse. Under magnification, or for that matter, using the naked eye, there are no overt marks discernible, plus the rims are full and choice without bruises. Liberty's profile is well defined, including most of the central hair waves and all of the cap design. The 13-arrow reverse for this year was the only one used for the rest of the type until it ended in 1807. It has minor weakness on the eagle, but a better display of the die work in the wings and on much of the shield, tail, arrows, and branch. The authors of the Breen-Dannreuther die variety guide describe it as "a workhorse one, not only used for all quarter eagles dated 1805 through 1807, but also was used to strike all the 1807 dimes!" A notable coin for the numismatist looking for an elite gold specimen to acquire for his set! Pop 7; 4 finer in 62 (PCGS # 7653) .
Estimated Value $25,000 - 30,000.
Ex: Ashland City Collection.
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| Realized $26,450 |
