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QUARTER DOLLAR 1804-1807 Draped Bust, Heraldic Eagle

Front - 1804 quarter dollar draped bust Back - 1804 quarter dollar draped bust

Description

Perhaps the most inviting change in this design as compared to the first Quarter dollar minted in 1796, is the replacing of the scrawny eagle on the reverse with the Great Seal of the United States. Now that's an Eagle we can all be proud of. The obverse design, however, maintained the same design as the 1796 Quarter. With nearly 1,000 times as many of these dates produced as the 1796 series, it will be easier to find one of these coins in a more pristine condition. Here it becomes slightly more evident that Miss Liberty was not as modest as the drapery or gown covering her low neckline, are actually quite revealing.

Examples of the 1804-1807 years are readily located in grades from About Good through Very Fine. Extremely Fine pieces are elusive, AU pieces are rare, and Uncirculated pieces are exceedingly rare. Virtually without exception, issues of this design are lightly struck in one or more areas, with the obverse and reverse rims, the stars on the obverse, and the stars above the eagle on the reverse being typical areas of light impression. The same situation is shared with the half dimes, dimes, half dollars of this date range.

Valuation

It's disappointing but not uncommon for the era, but no Proof coins were minted. The best you can hope for is the rare Uncirculated grade and t should bring a high price.
COIN NAME
QUARTER DOLLAR 1804-1807 Draped Bust, Heraldic Eagle
DESIGNED BY
Robert Scot
ISSUE DATE
1804-1807
COMPOSITION
0.8924 part silver, 0.1076 part copper
DIAMETER
27.5 mm
WEIGHT
104 grains
EDGE
Reeded
BUS MINT
554,900
PROOF MINT
None

The statements made on this website are opinions only. Past results are no guarantee of future performance or returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. Lear Capital, Inc. cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. Lear is a retail seller of precious metals and its buyback (or bid) prices are lower than its sell (or ask) prices. Metals must appreciate enough to account for this difference in order for customer to make a profit when liquidating the metals. Lear does not provide financial advice or retirement planning services. The decision to purchase or sell precious metals, and which precious metals to purchase or sell, are the customer’s decision alone, and purchases and sales should be made subject to the customer’s own research, prudence and judgment.