Tag: Draped Bust

Rare 1805 Draped Bust Quarter Eagle

dyann

John Dannreuther makes the point that the “mintage figure for this year may be one of the firmest to date, as it is believed that all 1,781 coins delivered in 1805 were of that date… .” This was the only die pair used to strike those coins, and it was later employed in the production of 1806 BD-1 and BD-2 quarter eagles, 1807 BD-1 quarter eagles, and 1807 JR-1 dimes. The dual-denomination nature of the dies certainly adds to the appeal of this scarce issue. Only 100 to 150 pieces are thought to exist.

The PCGS population is just 2 with 9 graded higher.

Listed at $31,200 (in AU58) in the CDN CPG and $40,000 in the PCGS price guide.

Offered at $31,100

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1796 Draped Bust Dime NGC AU58

Sirhc

1796 was the first year of dime (or disme, per nomenclature of the era) production at the First Philadelphia Mint. The Draped Bust and Small Eagle motifs originated on 1795 silver dollars. According to often repeated numismatic legend, the Draped Bust model was Philadelphia socialite Ann Willing Bingham, indirectly through paintings by noted artist Gilbert Stuart. Guide Book  credit for the design, however, is assigned to Chief Engraver Robert Scot.
On the dime, the Small Eagle only lasted through 1797, and was replaced by the Heraldic (or Large) Eagle in 1798. The Draped Bust obverse continued until 1807, except the star count was reduced to 13 beginning in 1798. Technically, the 1796 15 Stars is a single-year design subtype, since the 1797 issue has either 16 (JR-1) or 13 (JR-2) stars.

In hand this example is lighter in hue and more lustrous than seen in our images. Listed at $19,800 in the CDN CPG and $21,000 in the NGC price guide.

Offered at $18,890 Delivered

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Highly Attractive 1807 Draped Bust Quarter Eagle PCGS MS61

Sirhc

1807 is the final year for the Capped Bust Right type, which had ruled the denomination since its 1796 debut. Like many quarter eagle and dime die pairings from the early Mint era, the dies for the 1807 BD-1 quarter eagle — a single-die-pair year — were used to strike about 6,800 of the gold coins along with an estimated 165,000 silver dimes, which are also known through only the single JR-1 die marriage. These “marriages of convenience” were enabled via the lack of a stated denomination on either type. Although the obverse die is new (of course), the reverse die was previously used for all quarter eagles dated 1805 and 1806.

Though not apparent in our images, the example offered here exhibits abundant luster and excellent eye-appeal. The PCGS population is 9 with 23 graded higher.

Listed at $36,000 in the CDN CPG and $45,000 in the PCGS price guide.

Offered at $36,400

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1796 Draped Bust Quarter NGC XF45

Sirhc

Rare, First and Only Year of Type

The Small Eagle quarter ranks among the rarest silver types. It was struck only in 1796, due to the preference of bullion depositors for the dollar, the largest silver denomination. The mintage was a meager 6,146 pieces. The Spanish Colonial two reales coins were also widely available in the late 18th century and the first half of the 19th century in America and elsewhere, worth 25 American cents and widely accepted as an alternative to the U.S. quarter. The fledgling U.S. Mint, with its limited bullion deposits and meager capacity, could scarcely compete with the pervasive Spanish Colonial coins. NGC has graded only 195 examples (including re-submissions) in all grades combined. 

Offered at $46,000 delivered

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1805 Draped Bust Half Eagle NGC MS64

Sirhc

Flashy, Choice Uncirculated

Prior to the publication of Early U.S. Gold Coin Varieties in 2006, there was considerable confusion surrounding the half eagle die varieties of 1805 and 1806. Some coins were routinely offered as “new varieties” because they didn’t match anything in Walter Breen’s 1960s-era monograph. One later author described seven 1805 half eagle varieties, and noted that five of those seven were unlisted in Breen. Finally, using the observations of Harry Bass, Dannreuther correctly published the five known varieties in his 2006 reference, creating order out of chaos. When viewed in hand, this coin is lighter and far more lustrous and flashier than seen in in our images. The NGC population is just 16 with 4 higher.

Offered at $36,600 delivered

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1806 Round 6, 7X6 Stars Draped Bust Half Eagle PCGS MS64

Sirhc

The 1806 mintage was large by early gold standards — 64,093 pieces were produced, with six varieties. Although five of the varieties are the Pointed 6 half eagles, combined they represent as little as 25% of the total production. The lion’s share goes to the BD-6 Round Top 6 variant such as this coin, with an estimated 35,000 to 50,000 pieces produced. It is far and away the favorite candidate for type collectors and date collectors seeking just a single example of the year. Only 8 have been graded higher by PCGS, 5 of which are MS64+ representatives.

Offered at $37,375 delivered

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1803/2 Draped Bust Half Eagle PCGS MS63

Sirhc

Is 3 Better Than 2?

After producing normally dated half eagles in 1800, the Mint produced no 1801-dated half eagles, yet the half eagles of 1802 are all 1802/1 overdates. Similarly, although there are no normally dated (non- overdates ) 1802 half eagles, the half eagles of 1803 all are 1803/2 overdates. The PCGS population is 22 with 20 higher. This is a pleasing representative.

Offered at $26,990 delivered

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1801 Draped Bust Eagle PCGS XF40

Sirhc

She’s Extra Fine

This, the 1801 BD-2 die marriage is well known as the single most plentiful early eagle variety, with examples readily available in all grades through Choice Mint State. As such, it is the first choice of type collectors who desire a single representative of the Heraldic Eagle type, and it is also the first choice of date collectors who seek a single example of the 1801 ten.  In hand, the coin is brighter than it appears in our images.

Offered at $12,650 delivered

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1799 Draped Bust Eagle PCGS MS63

Sirhc

Gorgeous for her Age

Large Stars Obverse variety. The early Philadelphia Mint was concerned about the numbers of coins struck and the serviceability of the dies required for their production, and not at all about the particular date those dies bore (or in some extreme cases, even the design). While the first few eagle emissions, from the 1795 Small Eagle through the 1798 Large Eagle, are each known from at least one to at most five die marriages per year, the 1799 eagle, all struck with the Large Eagle or Heraldic Eagle reverse, were produced in 10 different die pairings known to collectors today.

Offered at $64,685 delivered

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1807 Bust Right Half Eagle PCGS MS62

Sirhc

This Bust is Right

Always important as final-year type in the transitional year when Robert Scot’s design was retired and John Reich’s Capped Bust Left design was introduced, the conditionally rare Bust Right half eagles are always appealing to type and series collectors. This example exhibits plenty of mint frost and in hand, is a bit lighter and brighter than seen in our images. Listed at $18,800 in the CDN CPG, $19,500 in the PCGS price guide and $20,000 in Trends.

Offered at $16,875 delivered

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Offer subject to availability.