Park Avenue Numismatics
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Miami, FL 33137
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The Mint Act of 1792, provided for the coinage of a quarter dollar denomination, "each [coin] to be of one fourth the value of the dollar or unit, and to contain ninety-two grains and thirteen sixteenth parts of a grain pure, or one hundred and four grains of standard silver." The dollar "unit" was to be exchangeable on par with the Spanish milled dollar, which dominated local commercial channels along with its subsidiary denominations. Thus, the United States quarter was equal to the Spanish two reales piece, or "two bits." The inaugural coinage was only 6,146 pieces, after which the denomination was not coined again until 1804. The 1796 is a one-year type with a Small Eagle reverse. Examples are known in low circulated grades all the way through Mint State, and collectors seek examples across the spectrum. Listed at $34,750 in “VF” in the NGC price guide and $45,000 in the PCGS price guide.
Struck in the usual light yellow-gold with a touch of green intermixed. The obverse is bright yellow while the reverse sports a few traces of peripheral copper toning. The strike is sharp enough to bring up all the devices and there are no adjustment marks or surface issues that detract significantly. Scarce and desirable as a type coin.
The 1911-D is unquestionably one of the keys to the five dollar Indian series, especially in high grades. Price, however, keeps most collectors from pursuing this issue in high grades (as with the 1911-D quarter eagle), which makes attractive near-Mint examples, such as this one, a collector favorite. The surfaces are bright with satiny mint luster. A few grade-consistent marks can be found with a magnifier
The 1955 Doubled Die Obverse DDO Lincoln Cent (Penny) is the most famous double die penny and error of them all. The obverse of this coin depicts one of the most prominent displays of doubling which makes it extremely popular and valuable. The motto "IN GOD WE TRUST" and the word "LIBERTY" are very clearly doubled as is the 1955 date as depicted in the example image above.
Soldiers from the Mormon Battalion, returning home after the Mexican War, stopped in California in 1848 and were among the first to discover gold in the region. Their find at Mormon Island in the American River, just downstream from Sutter's Mill, near present-day Coloma, was among the richest deposits of ore found in the early Gold Rush era, yielding several million dollars in gold dust and nuggets. Despite their rich find, the Mormons did not succumb to gold fever, and continued homeward with their holdings, rather than lingering for the coming boom in California.
Wire Rim variety. Four years prior to the production of the High Relief $20 gold coins in late 1907, President Roosevelt sent a letter dated August 3, 1903 congratulating Saint-Gaudens on his recently completed Sherman monument installed at New York's Grand Army Plaza. Commissioned a few years later to redesign the double eagle, the sculptor adapted the allegorical figure Victory for the Sherman monument. The striding figure of Liberty on the coin’s obverse (adapted from the Sherman) shows complete strike definition and gives this piece a three-dimensionality lacking on other coins, especially those struck around the turn of the last century. This design is one of the most beautiful and understandably, popular in all of numismatics. Listed at $18,200 in the Coin Dealer Newsletter CPG, $22,000 in the NGC price guide and $21,000 in Trends.