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QUARTER EAGLE GOLD COINS

1805 Quarter Eagle

Please call: 1-800-624-1870
PRINTER FRIENDLY VERSION  |  VIEW LARGER IMAGE
1805 $2.5
PCGS AU58
Inquire SOLD
1805 $2.5 Quarter Eagle PCGS AU58. Early gold pieces are among the most difficult types to find for a complete type set, especially in high grade. In comparison with many other, later series, there are no common dates and even the highest mintages will cost a considerable amount of money. Some times, with intensive searching, the type collector will be able to find a perfect piece, with the looks of a higher graded coin. Such a coin, from the early 19th century is offered here. As Bass-Dannreuther put it into their book called Early U.S. Gold Coin Varieties, “Common is not a word associated with any date, variety or die state in the series [of early quarter eagles]”

The 1805 is one of the second type of quarter eagles, introduced in late 1796 and struck until 1807. Its mintage is estimated to be a mere 1,781 pieces; all struck from a single die pair. Of this die pair, the obverse would have a curious future after the 1805 quarter eagles had been struck. It was heated to be overdated, which happened in 1806 and the die was put back into service again as an 1806 die. This process is highly unusual in the history of American coinage, and rare at that. As for the reverse, it is considered to be one of the workhorses of all early United States dies. After it struck these quarter eagles, it continued to do so for two years. Additionally, it struck a total of 165,000 dimes, which shared the same reverse die. These cross-uses of the reverse dies was common at the time, but in such large quantities it was highly unusual.

With an estimated 100 to 150 pieces known of this date in all grades, one has to guess that this issue is not easily found in any grade. The present coin is a lovely survivor of the small mintage, and is destined for one of the finest sets. It is totally original and scarce as such, as many of these pieces have been cleaned in the past. The fields are relatively mark free, and although it spent some short time in circulation, the appearance of wear is limited to some minor luster breaks. Extremely scarce as both a type and date, act quickly to secure this coin for your collection or investment portfolio.

 

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