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QUARTER EAGLE 1796-1807 Capped Bust, Stars

Description

Quarter Eagles of this span are all considered fairly rare as gold coins were first introduced into normal channels of commerce. It seemed the need to have a more compact medium of exchange was growing as our young country began to produce and prosper.

This design was modified to add stars to the left and right of the head. The number of stars and their placement vary from issue to issue, but these have not been collected as separate types. 1796 quarter eagles with stars have eight stars to the left and eight to the right, for a total of 16, while quarter eagles of the years 1797 through 1807 have 13 stars arranged in various ways. 1797 quarter eagles have seven stars to the left and six to the right, while 1798 quarter eagles have six to the left and seven to the right. 1802/1 quarter eagles have eight left and five right. The year 1806 comes in two varieties, eight left and five right as well as seven left and six right. AU quarter eagles within this span are rare. Apart from the addition of stars to the obverse, the motifs are the same as the previous issue.

Valuation

While a few Uncirculated examples are known of scattered dates, most quarter eagles known within this date span grade from Very Fine to Extremely Fine.
COIN NAME
QUARTER EAGLE 1796-1807 Capped Bust, Stars
DESIGNED BY
Robert Scot
ISSUE DATE
1796-1807
COMPOSITION
0.9167 part gold, 0.0833 part copper
DIAMETER
20 mm
WEIGHT
67.5 grains
EDGE
Reeded
BUS MINT
18,524
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.