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Draped Bust Quarter Eagle $2 1/2 No Stars Obverse, 1796 MS

Draped Bust Quarter Eagle $2 1/2 No Stars Obverse, 1796 MS

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Greysheet Catalog Details (GSID: 72371)
Rare and highly desirable as a one-year gold type coin. This is the first year of issue for the quarter eagle denomination. Stars were added to the design in the same year for the second type.
Obverse: Liberty with cap, facing right, in a plain field with the word LIBERTY across the top periphery. The date is centered at the bottom.
Reverse: The centerpiece of the reverse is the so-called "heraldic eagle" with wings fully spread and emblazoned with a shield replacing the chest. A ribbon bearing the motto E PLURIBUS UNUM hangs from the beak. The eagles right talon holds bundle of arrows and an olive branch in the right. Above the eagle's head are a group of stars and clouds with the words UNITED STATES OF AMERICA at the top periphery. No denomination is mentioned.

Catalog Details    Dealers Only

Catalog Detail

GSID: 72371
Coin Date: Draped Bust Quarter Eagle
Denomination: $2 1/2 / $2.50 Gold
Designation: MS
Mint Location: Philadelphia
Mintage: 963
Coinage Type: Capped bust gold quarter eagle
Coinage Years: 1796-1807
Prefix: One-Year Type
Composition: 91.67% gold; 8.33% silver & copper
Variety: No Stars Obverse
Variety 2: 1796
Strike Type: Business
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