1807 Capped Bust Right Quarter Eagle. BD-1, the only known dies. Rarity-3. Die State b/b. AU-55 (PCGS).
Lustrous 1807 Quarter Eagle
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Die Variety: The obverse stars are arranged 7 left by 6 on the right. The upper serif on the 1 is embedded in Liberty's lower curl. The location of the 7 is just so, as it lightly touches the 0 and the upper right portion just touches Liberty's bust. The reverse die of 1805 continues its long production run here, quickly identifiable by the 11th star over the eagle strongly repunched. The only die pairing known for 1807 quarter eagles.
Die State: b/b. The obverse die has developed faint cracks through the base of the date to the second star on the left as well as connecting stars 2 through 6. Another thin crack is noted through the tops of LIBERTY and starting to appear down to star 10. The reverse has been lapped in prior years and is generally unchanged through this production run of 1807 quarter eagles. The earliest die state for this obverse, state a, is quite rare and seldom seen or offered. It is interesting to note that on several obverse dies in this series, cracks form through LIBERTY, as this must have been an obvious stress point of the design.
Mintage: 6,812 coins.
Estimated surviving population: 250 to 350 coins.
Strike: The strike is sharp on this issue, as commonly seen for this die pairing. A hint of softness in Liberty's central curls was the result of shallow adjustment marks that were nearly obliterated by the strike, although the telltale traces remain around Liberty's ear. Pleasing quality on the reverse as well, as all but the central devices are crisply impressed, diagnostic to this issue.
Surfaces: Struck in bright yellow gold and free of any signs of toning. Considerable luster resides in the protected areas of the design, while the more open fields were exposed to limited circulation. On balance a handsome example of this issue in a high collector grade.
Commentary: This is the final year of the design type and the most affordable. Hence it is an ideal candidate for a type set.
Q. David Bowers: As noted above, this is a very nice example of the last year of the design.
PCGS# 7656. NGC ID: 25FC.
Pedigree: From the Dr. James A. Ferrendelli Collection.
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