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SERIES: Draped Bust $2 1/2 1796-1807
LEVEL: Year, MintMark, & Major Variety

1804 $2.50 13 Stars Reverse (Regular Strike)

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PCGS AU58

REVERSE COMPARISON

PCGS AU55
PCGS #:
7651
Diameter:
20.00 millimeters
Designer:
Robert Scot
Weight:
4.37 grams
Edge:
Reeded
Mintage:
500
Metal Content:
91.7% Gold, 8.3% Copper
Auction Record:
$499,375 • PCGS AU53 • 5-19-2015 • Stack's/Bowers
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  • 30
  • 40
  • 45
  • 50
  • 53
  • 55
  • 58
 
Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 11 R-9.5 1 / 11 1 / 12
60 or Better 0 R-10.1 1 / 11 1 / 12
65 or Better 0 R-10.1 1 / 11 1 / 12
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 AU58 PCGS grade

New Netherlands 48th Sale 11/1956:184 - Stack's 3/1990:629 - Superior “Auction ‘90” 8/1990:1250 - Superior 5/1991:1308 (as PCGS AU55) - Long Beach Connoisseur Collection - Bowers & Merena 8/1999:343 (as PCGS AU55), $149,500 - R.M. Phillips Limited Partnership Collection - Heritage 7/2009:1209 (as PCGS AU58 14975445), $322,000

2 AU55 PCGS grade

Amon G. Carter, Jr. Family - Stack's 1/1984:533, $27,500 - McCoy Family Collection of U.S. Early Gold Quarter Eagles - Heritage 1/2016:5530, $505,250

3 AU53 PCGS grade

George Earle - Henry Chapman 6/1912:2502 - Stack's 3/1979:1672 - RARCOA “Auction ‘85” 7/1985:349 - David Akers “Auction ‘89” 7/1989:1359 - Michael Keston - Superior 1/1996:6 - Ed Price Collection - Heritage 7/2008:1459, $322,000 - D. Brent Pogue Collection - Stack’s/Bowers & Sotheby’s 5/2015:1121, $499,375

4 AU50 PCGS grade

Charles W. Neumoyer Collection - Stack's 5/1960:2352, $620 (against a $400 estimate) - John Jay Pittman Collection - David Akers 5/1998:1715, $82,500 - Bowers & Merena 8/2000:2045, not sold - Heritage 1/2004:3005, $92,000 - Stack’s 7/2009:1300, $149,500 - Stack’s 8/2014:11010, not sold - Heritage 6/2016:4771, $146,875

5 EF40 PCGS grade  
Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 AU58 PCGS grade

New Netherlands 48th Sale 11/1956:184 - Stack's 3/1990:629 - Superior “Auction ‘90” 8/1990:1250 - Superior 5/1991:1308 (as PCGS AU55) - Long Beach Connoisseur Collection - Bowers & Merena 8/1999:343 (as PCGS AU55), $149,500 - R.M. Phillips Limited Partnership Collection - Heritage 7/2009:1209 (as PCGS AU58 14975445), $322,000

2 AU55 PCGS grade

Amon G. Carter, Jr. Family - Stack's 1/1984:533, $27,500 - McCoy Family Collection of U.S. Early Gold Quarter Eagles - Heritage 1/2016:5530, $505,250

3 AU53 PCGS grade

George Earle - Henry Chapman 6/1912:2502 - Stack's 3/1979:1672 - RARCOA “Auction ‘85” 7/1985:349 - David Akers “Auction ‘89” 7/1989:1359 - Michael Keston - Superior 1/1996:6 - Ed Price Collection - Heritage 7/2008:1459, $322,000 - D. Brent Pogue Collection - Stack’s/Bowers & Sotheby’s 5/2015:1121, $499,375

4 AU50 PCGS grade

Charles W. Neumoyer Collection - Stack's 5/1960:2352, $620 (against a $400 estimate) - John Jay Pittman Collection - David Akers 5/1998:1715, $82,500 - Bowers & Merena 8/2000:2045, not sold - Heritage 1/2004:3005, $92,000 - Stack’s 7/2009:1300, $149,500 - Stack’s 8/2014:11010, not sold - Heritage 6/2016:4771, $146,875

5 EF40 PCGS grade  
5 EF40 estimated grade  

Buddy De Sylva - Superior, 2/1978:644,$15,000 - Superior “Auction '79” 7/1979:1659, $13,500 - Robert Hilt Collection - Liberty USA Collection - Heritage 1/2015:4230, $82,250

David Akers (1975/88): A mintage figure of 1,003 is suggested in Walter Breen's monograph on quarter eagles. This "high" mintage seems very unlikely to me, however, since the 1804 13 Star quarter eagle is much more rare than either the 1976 With Stars or 1797, both of which have mintages only slightly more than 400. In my experience this is the rarest quarter eagle. I have seen or handled more of every other date than I have of the 1804 13 Star Reverse, and almost every significant collection of quarter eagles is lacking this variety. An estimate of 10 to 12 pieces known might be a shade on the high side. The 13 stars on the obverse are arranged 8 to the left and 5 to the right, as they are on the 1802/1 quarter eagle.

Ron Guth: Akers suspicion that an estimate of 10 to 12 examples known of the 1804 $2.50 13 Stars Reverse appears to have withstood the test of time.  The PCGS CoinFacts Condition Census lists six examples from EF to AU58, plus a couple of circulated examples could be added to that list.  The finest example (a PCGS AU58) first appeared on the numismatic market in a 1956 New Netherlands sale, and last appeared in 2009, when it sold for a hefty $322,000.  Ownership of any 1804 $2.50 13 Star Reverse is quite a numismatic accomplishment.