Coin Specifications

Category: Early Quarters (1796-1838)
Mint: Philadelphia
Mintage: 6,146
Obverse Designer: Robert Scot
Reverse Designer: Robert Scot
Composition: Silver
Fineness: 0.8920
Weight: 6.7400g
ASW: 0.1933oz
Melt Value: $3.21 (12/9/2019)
Diameter: 27.5mm
Edge: Reeded
Link to this coin

1796 25C MS obverse 1796 25C MS reverse
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Description & Analysis

While several denominations of United States silver coins were struck as early as 1794, it was not until two years later that the first quarter dollars appeared. This has been attributed to the large numbers of Spanish colonial two-reales coins in circulation that traded at the same value. When the first quarter dollars were struck in 1796 they bore the newly adopted Draped Bust Liberty by Robert Scot. This was paired with the Small Eagle that was destined to be short lived. In keeping with U. S. Mint practice of the time, these coins carried no statement of value, though some other denominations proved to be exceptions.

A mere 6,146 1796 quarters were coined, with part of that production taking place the following year. A single reverse die was paired with two obverses that vary only slightly. Though Browning-1 is more scarce than B-2, there are not many collectors of this series by die marriage. Interest in this issue comes primarily from type collectors seeking just a single piece in the highest grader affordable.

More than 100 examples have survived in Mint State, these likely saved for their novelty. Despite such availability, 1796 quarter dollars are costly in any grade. The reason for this is that coinage did not resume until 1804, by which time the reverse design had changed, leaving this date as a one-year-only type coin.

GRADE SUMMARY

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Price Guide

Last Updated: 11/29/2019

Click on a price to see historical prices, comparison charts and trends.

1796 25C MS
  GVGFVFXF505355586061626364656667686970
Base $ 12200 16000 26000 43000 49500 63500 65500 68000 79000 81500 97000 110000 132500 200000 395000 800000 1940000 - - -
$ - - - - - - - - - 315000 - - 2000000 -

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Census

 
NGC GRADE SUMMARY

Total Graded: 188
Low Grade: PrAg
Average Grade: 45
High Grade: 66

The chart showing PrAg series, G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series.
NGC CENSUS DETAIL Last Updated: 12/3/2019 1796 25C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base2610261323584512171458922----180
-----------------1----1
---------2----11------4
------------------1---1
Total261026132358451417145910231---186
 14 %5 %14 %7 %12 %3 %4 %2 %3 %8 %9 %1 %2 %3 %5 %5 %1 %2 %1 %--- 
1796 25C MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------3-1-22------8
-----------------------
-----------------------
-----------------------
Total----------3-1-22------8
 ----------38 %-13 %-25 %25 %------ 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
2/11/2007 PCGS F 12   Goldberg February 11-14, 2007 Pre-Long Beach Coin and Currency Auction, 39/Lot# 1346 $30,000.00
2/22/2007 PCGS XF 40   Teletrade Auction 2331, 2331/Lot# 1041 $38,080.00
3/3/2008 NGC F 12   David Lawrence Rare Coins Monday - Internet Auction # 225, 231/Lot# 3065 $24,754.90
10/17/2012 NGC F 12   Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 3087 $12,925.00
2/27/2014 PCGS Genuine VG   Heritage Auctions 2014 February 27 - 28 & March 2 Mid-Winter ANA US Coins Signature Auction - Atlanta Session(2), 1203/Lot# 3837 $10,281.25
10/12/2014 PCGS FA 2   GreatCollections GreatCollections Coin Auctions 10/12/2014, 190/Lot# 216896 $6,000.00
1/7/2015 PCGS Genuine VF   Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(3), 1216/Lot# 4520 $8,225.00
1/6/2016 PCGS G 6   Heritage Auctions 2016 January 6 - 11 FUN US Coins Signature Auction - Tampa Session(2), 1231/Lot# 3832 $11,162.50


NGC Registry

NGC Registry Score 1796 25C MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base40945504680377779055971710015102961073611010113941163511757121371238513357176691992821511231852495426821
4564593771278203927598161010810442108271113811474116751188312219127091479418422204552206923774255760
000000101081044210827111381147411675118831221912709147941842220455220692377400
000000102021058910918112661155411716120101230213033162311917520983226272436400
1796 25C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base392452916554750287489393968499581038710654110291126411384117541199712946171631937520926225662430126131
437957126870791789639490977510101104761077911107113041150711835123131435117900198922147223144249110
00000097751010110476107791110711304115071183512313143511790019892214722314400
00000098661024410565109041118511344116301191612629157571863720409220192372200
Registry Image Gallery
Grade: G 4
Points: 5291
Owner: Bulks of Bullion
 
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