PCGS MS67
PCGS MS66
- PCGS #:
- 5310
- Designer:
- Robert Scot
- Edge:
- Reeded
- Diameter:
- 27.50 millimeters
- Weight:
- 6.74 grams
- Mintage:
- 6,146
- Mint:
- Philadelphia
- Metal:
- 89.2% Silver, 10.8% Copper
- Auction Record:
- $1,740,000 • MS66 • 01-16-2022 • Heritage Auctions
Rarity and Survival Estimates Learn More
| Survival Estimate | |
|---|---|
| All Grades | 650 |
| 60 or Better | 90 |
| 65 or Better | 5 |
| Numismatic Rarity | |
|---|---|
| All Grades | R-5.7 |
| 60 or Better | R-8.1 |
| 65 or Better | R-9.7 |
| Relative Rarity By Type All Specs in this Type | |
|---|---|
| All Grades | 1 / 1 |
| 60 or Better | 1 / 1 |
| 65 or Better | 1 / 1 |
| Relative Rarity By Series All Specs in this Series | |
|---|---|
| All Grades | 2 / 6 |
| 60 or Better | 6 / 6 |
| 65 or Better | 5 / 6 TIE |
Condition Census What Is This?
|
#1 MS67 PCGS grade
Larry Stack - Eric Streiner - Jay Parino - John Albanese - East Coast collector
|
#2 MS67 PCGS grade
"Colonel" E.H.R. Green Collection - Partnership of Eric P. Newman & B.G. Johnson (St. Louis Stamp & Coin Co.) - Eric P. Newman, who paid $100 - Eric P. Newman Numismatic Education Society - Heritage 11/2013:33327, $1,527,500 |
#2 MS66 PCGS grade
James Ten Eyck Collection - B. Max Mehl 5/1922:507 - Milton A. Holmes Collection - Stack’s 10/1960:2918 - Stack’s 5/1975:824 - L.A. Collection - Stack’s 10/1990:1634, $160,000 - D. Brent Pogue Collection, Part I - Stack's/Bowers & Sotheby's 5/2015:1051, $1,527,500 - The Type Set Collection (Oliver Jung) (PCGS Set Registry) - Bruce Morelan Collection |
|
#2 SP66 PCGS grade
Matthew Stickney Collection - Henry Chapman 6/1907:1116 - John H. Clapp Collection, sold intact in 1942 - Louis E. Eliasberg, Sr. Collection - Bowers & Merena 4/1997:1356, $176,000 - Heritage 8/2014:5565, $881,250 |
| #2 MS66 PCGS grade |
#5 MS65+ PCGS grade
Foxfire Collection - Simpson Collection |
|
#6 MS65 PCGS grade
Norweb Collection - Bowers & Merena 3/1988:1512, $36,300 - Heritage 8/2010:3107, $322,000 - Pannonia Collection - Heritage 9/2014:3116, $411,250 |
|
#6 MS65 PCGS grade
Reed Hawn Collection - Stack’s 3/1977:259 - James A. Stack Collection - Stack’s 10/1994:342 - American Numismatic Rarities 7/2004:46, $230,000 |
|
#6 MS65 PCGS grade
David Hall/Van Simmons - Far East collector
|
| #6 MS65 PCGS grade |
The 1796 quarter was the first U.S. quarter. It is also a one year only type coin...Draped Bust, small eagle...and the only U.S. quarter struck in the 18th century. This is a rare coin in all grades. However, it is available in mint state condition since in the early part of the 20th century coin collector/hoarder extraordinaire Col. E. H. R. Green aquired a hoard of as many as 100 uncirculated specimens. There is one 1796 quarter that stands out above all the rest, the PCGS graded MS67 pictured above. The quality and eye appeal of this specimen are truly off the charts.
Let us not think that this makes this coin common, even with a more than expected survival rate this coin is not available in numbers that would appease the collectors who wish to own one today. Only to collectors with ample resources is this coin available. Only twenty to forty-five quarters of 1796 have been offered at auction in any of the last ten years in any grade. In the same time period only two to seven coins graded Uncirculated were offered per year. More historic research tends to show that on average since the mid-1850’s this coin appears on average of fifteen times a year in all grades and only two coins a year in Uncirculated at auction. This is why this one year type coin commands high prices.
On November 15th, 2013 Heritage Auctions sold the Eric P. Newman, ex Col. Green specimen which was graded by NGC as MS-67+star for the record price of $1,527,500. This price eclipsed the previous record of $322,000 set by Heritage in August, 2010 for a PCGS MS-65 coin. The Newman coin is NGC’s highest graded 1796 Quarter, PCGS’s highest grade is MS-67 and when compared under high definition against each other it appears that the PCGS MS-67 coin is just as nice as the NGC MS-67+star with the PCGS coin having fewer contact marks, and it takes very high magnification to see any on either coin.