1805 Capped Bust Right Quarter Eagle. BD-1, the only known dies. Rarity-4. Die State c/b. AU-58 (PCGS).
Frosty Near Mint State 1805 Quarter Eagle
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Die Variety: The obverse stars are arranged 7 left and 6 right. The flag of the 1 nearly touches curl. The reverse die has the highest placement of UNITED, and is the only known reverse to have 13 arrows. The 11th star on the reverse (middle arc, far right star) is repunched. There is a small raised die lump (rust?) between stars 3 and 4 on the obverse, and there is a long dentil from the rim that nearly touches star 9. This obverse die is one of the very few United States coin dies that was later reheated, overdated with a new digit in the fourth position, hardened again, and then pressed back into service.
Die State: c/b.
Mintage: 1,781 coins.
Estimated surviving population: 100 to 150 coins.
Strike: Sharply struck on Liberty's head and the surrounding stars and dentils. The reverse is generally bold save for a touch of central softness on the eagle and shield, common to this series as the central raised devices opposed each other and the dies had a difficult time bringing each device up fully.
Surfaces: Medium yellow gold throughout with no signs of toning, and an elegant example of this comparatively available issue. Virtually free of adjustment marks as only a trace is noted at the dentils below the date. The fields and devices are both smooth and attractive.
Commentary: The Ferrendelli coin is one of the finer examples of this date, as most show more advanced wear from circulation. The reverse die makes its appearance with this issue and then went on to coin all the 1806 quarter eagles, as well as the 1807 quarter eagles -- over 10,000 coins! This was just the beginning, as the reverse die was also used to coin over 150,000 dimes after all these quarter eagles were struck in 1807! This is one of the most durable reverse dies of the early federal period.
Q. David Bowers: This beautiful early quarter eagle is sure to attract many bids as it crosses the block.
PCGS# 7653. NGC ID: 25F9.
Pedigree: From the Dr. James A. Ferrendelli Collection.
PCGS Population: 13; 7 finer (MS-63 finest).
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