1804 25C Browning 1 MS (PCGS# 5312)

The January 2013 Americana Sale

  • Auctioneer:
    Stack's Bowers
  • Lot Number:
  • Grade:
    VF35 CAC
  • Price:
Lot Description
1804 Draped Bust Quarter. B-1. Rarity-3. VF-35 (PCGS). CAC. Medium lilac-gray with some deeper highlights throughout, and with some lively retained luster in the deeply recessed design areas. No readily obvious marks meet the viewer's eye; the coin's lock on the VF-35 grade is secure. From the first year of the Draped Bust, Heraldic or Large Eagle reverse type, and the first year of coinage in the denomination since the 1796 Draped Bust, Small Eagle quarter mintage. The 1804 quarter is easily as rare as the 1796 quarter, though the latter was a one-year-only issue and, as such, acquisition pressure is placed upon the 1796 date by type collectors as well as early quarter specialists. For the record, PCGS has certified more than twice as many 1796 quarters in circulated grades, and more than four times as many 1796 quarters in Mint State than they have 1804 quarters in the same grades. All told, the presently offered 1804 quarter is choice for the assigned grade and worthy of a solid price when the bidding begins.
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