Lot 486
1804 Draped Bust Quarter Dollar. ANACS graded AU-50. B-1. Only 6,738 pieces minted. Boldly struck on a remarkably clean defect-free planchet. Cleaned at one time and now a pleasing uniform gun-metal greyish-blue. When the Philadelphia Mint began production in 1804 after a seven-year hiatus, Robert Scot's Draped Bust motif was still current on the obverse of the other silver coins. The Small Eagle motif, however, had given way to the familiar Large or Heraldic Eagle design dating back to 1798. The result is that the 1804 is the premier delivery of this new quarter Type. The issue is also a well-known rarity in the U.S. silver series with an original mintage of just 6,738 pieces. It is hard for us to imagine a more appealing AU50 example. Both sides are as described, medium-gray. Obviously well struck from an expertly centered impression, both sides retain their bold-to-sharp definition despite overall traces of wear on the high points. There are no distractions of note. A fine "collar" at Liberty's neck points to light die clashing. We have full confidence that bidders will note that the eye appeal alone would support an even finer circulated grade. A coin that comes highly recommended for the specialized buyer. A classic rarity seldom seen in such high grade.
Estimated Value $28,000 - 30,000.
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