Draped Bust Quarter Eagle No Stars Obverse $2.50 Gold MS 1796 Values

Greysheet & Red Book® Price Guide
Melt: $588.60 (0.1284 oz Gold)

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Draped Bust Quarter Eagle No Stars Obverse $2.50 Gold MS 1796 Values

Details

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.

down This coin is made of 91.67% gold; 8.33% silver & copper and has a current melt value of $588.60

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.

Basic Information

GSID:

72371

Coin Date:

Draped Bust Quarter Eagle

Denomination:

$2 1/2 / $2.50 Gold

Designation:

MS

Mint & Coinage Details

Mint Location:

Philadelphia

Mintage:

963

Coinage Type:

Gold Quarter Eagle

Coinage Years:

1796-1807

Composition:

91.67% gold; 8.33% silver & copper

Varieties and Classification

Variety:

No Stars Obverse

Variety 2:

1796

Physical Characteristics

Fineness:

0.9167

Weight:

4.37 gr

Weight:

0.1405 oz

Precious Metal Weight:

0.1284 oz

Strike Type:

Business

Diameter:

20 mm

Coin Shape:

Round

Design Details

Designer:

Robert Scot

Obverse Lettering:

LIBERTY, 1796

Obverse Designer:

Robert Scot

Reverse Lettering:

UNITED STATES OF AMERICA

Reverse Designer:

Robert Scot

Feedback:

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