Coins Certified as of 1/17

My Coin #-39778

1798 $2.50 Wide Date MS64

PCGS#: 7649

Owner's Comments

Estimated grade. Sold by B. Max Mehl Jun '41 price realized $157.5

Expert Comments

David Akers (1975/88): There are two main varieties for this year. the first has a compact date and 4 berries on the reverse. The other major variety, significantly more rare, has a widely spaced date and 5 berries on the reverse. Both varieties of this year have a unique obverse star configuration; namely 6 stars to the left, and 7 to the right. No other date of this type has a similar arrangement.

Despite the fact that there are three auction records for "proofs", I do not believe that true proofs really exist. Most likely the three pieces listed were merely pieces with full proof-like surfaces. By far, the finest 1798 quarter eagle that I have seen was a gem owned a few years ago by Stack's.Gordon Wrubel: There are only two die varieties of 1798 $2 1/2 dollar gold pieces. These are comprised of two distinct obverses and reverses: The Close Date with a 4 Berry reverse, Bass-Dannreuther, BD-1, and the Wide Date with a 5 Berry reverse, BD-2. While both varieties are rare, the Bass-Dannreuther research has shown that the former, BD-1, is about TWICE as rare as the latter, BD-2, in all grades including Mint State.

Quickfinder Notes: Of course the two varieties can be distinguished by counting the berries in the branch held in the eagles left claw. But the obverse dies are also distinctive. The Close Date has the digits rather closely spaced and the 8 is CLEAR OF THE BUST. The Wide Date has noticeably wider spaced digits and the 8 is EMBEDDED IN THE BUST drapery.

Diameter: 20.00 millimeters Designer: Robert Scot Edge: Reeded
Mintage: 1,094 Weight: 4.37 grams Metal Content: 91.7% Gold, 8.3% Copper

Rarity and Survival Estimates

Grades Survival Estimate Numismatic Rarity Relative Rarity by Type Relative Rarity by Series
All Grades 50 R-8.5 6 / 11 6 / 12
60 or Better 8 R-9.6 5 / 11 5 / 12 TIE
65 or Better 1 R-10.0 1 / 11 TIE 1 / 12 TIE

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS65 PCGS grade  
2 MS62 PCGS grade
2 MS62 PCGS grade Heritage 1/2011:5019 (as PCGS MS62 01589729), $115,000
2 MS62 PCGS grade  
2 MS62 PCGS grade