A survey of 19th century business strike coin
25C DRAPED BUST, LARGE EAGLE (1804-1807)

Obverse:

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Reverse:

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Coin Details

Origin/Country: UNITED STATES
Design Description: QUARTER DOLLARS - DRAPED BUST, LARGE EAGLE
Item Description: 25C 1807 B-2
Full Grade: NGC AU 55
Owner: BillJones

Set Details

Custom Sets: This coin is not in any custom sets.
Competitive Sets: Bill Jones' Type Set   Score: 2794
Bill Jones' Quarters   Score: 2794
Bill Jones' Type Set Excluding Modern Issues   Score: 2794
A survey of 19th century business strike coin   Score: 2794
Research: NGC Coin Explorer NGC Coin Price Guide
NGC US Coin Census for Early Quarters (1796-1838)

Owner Comments:

Today the quarter is the most popular and most important coin in our economy. It is the workhorse coin for the vending machine industry and many day to day transactions.

That was not the case in the early 19th century. In the early 1800s the silver dollar and then the half dollar were the most popular pieces for those who deposited silver at the first U.S. mint to be made into coins. The quarter was produced only intermittently and then in limited quantities. For example after the quarter was introduced in 1796, the next quarter would not be issued until 1804. Then after a short run from 1804 to 1807, the denomination went into another hiatus until 1815. Overall the early quarters are much scarcer than the early half dollars.

This 1807 quarter has dark blue toning with some Proof-like surface on the reverse, especially in the center, which is sharply struck. This is the scarcer Browning 2 variety, and I have learned from early quarter specialists that this is an example of the rare early die state. This piece was once in the collection Virgil Brand.

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