1804 Draped Bust Quarter. B-1. Rarity-3. VF-35 (PCGS).

Inviting mid grade quality for this eagerly sought early quarter date. Peripheral toning in vivid cobalt blue gives way to softer pearl-gray and pale reddish-gold toward the centers. Plenty of bold detail remains from a well executed strike, and the persistent viewer will also be rewarded with glints of original luster in the protected areas around the peripheries. Definitely an impressive Choice VF coin to represent this key date issue. There are only two die pairings that were used to produce the limited strikings of 1804 quarters. After a long hiatus since 1796, the quarter denomination was brought back to life with this issue. Today, collector pressure for a nice example remains exceptional as the high degree of romance associated with 1804-dated coinage has created a huge collector demand. Furthermore, Draped Bust quarters simply did not survive in high numbers above the grade of Very Fine. There are a few Mint State and high circulated grade coins known, but the numbers available to collectors amount to only a handful at grades of EF-40 and finer. Thus the present VF-30 example is tailor made for a high grade collection and will certainly please any quarter specialist.

PCGS# 5312. NGC ID: 23RB.