Lot 1327
1805. . Browning-4. PCGS graded AU-50. Mostly untoned. Light silvery gray in hue with delicate luster still adhering and smooth features suggesting that it was carefully maintained all these years. Rims are free of injury. Center, while not 100% sharp are definitely better than many. This issue is often plagued with weak strikes (particularly the two last years, 1806-07).
In modern times, the quarter dollar has established itself as a workhorse in the United States coinage system. It plays a vital role in turning the wheels of commerce, and its annual production routinely tops one billion. By contrast, the quarter was all but invisible during the early years of federal coinage. The United States Mint delayed its introduction until 1796, making it one of the last U. S. coins to debut. Then, after striking just 6,146 examples of that date, the Mint suspended production of 25-cent pieces for nearly a decade, until 1804! (PCGS # 5313) .
Estimated Value $3,500 - 4,000.
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