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Incredible American Numismatic Rarity
1806 $2 ½ Gold Piece. NGC Graded MS64
This quarter Eagle is from the first series of this denomination minted (1796 to 1807). All 1806 coins are over-dates being either 1806/4 or 1806/5. It is the rarest of the dates in the 1800’s with only about 1,620 coins originally minted (including both the 6/4 and 6/5 varieties). It is estimated that there are very few of the 1806 date still in existence today in all grades. Of these, MS-64 is the highest graded by PCGS or NGC.
This entire series of capped bust quarter-eagles with stars is extremely rare in high grade with only a total of 13 coins graded MS-64 or higher by both PCGS and NGC. This includes all dates in this series combined. If you take out the “common” 1802 (accounting for 5 of the 13 high-grade specimens), there are only 8 of this quality total in all of the other dates combined. These coins have rarely been offered on the market. Of these 8 coins (which include this specimen), the 1796 in MS-65 sold for $862,500 in 2007. Another of these 8 coins, the 1797 (in the same MS-64 grade as this 1806/4), sold for $276,000 back in 2005 and has a bid price of $350,000 today.
This particular 1806/4 specimen was likely one of the first struck in the year as it exhibits original, proof-like surfaces which enhance its appearance. This is a unique opportunity to own a rare example of America’s earliest gold coinage.
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Coin Information and Populations
NGC population is 1 in MS64 with 0 finer.
PCGS population is 1 in MS64 with 0 finer.
1710125-002
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