Saturday 18th May 2013



1/4 Eagle Menu

Overview
Draped Bust Right
Capped Bust Left
Classic Head
Coronet
Indian Head

Draped Bust Quarter Eagle "Turbin Head" (1796 - 1807)

The first delivery of the quarter eagle, or $2-1/2, was not made until the autumn of 1796, making them the last of the three gold denominations to be coined in gold.

Vital Stats.

Designer: Robert Scot
Content: 90% gold 10% other
Diameter: 18 millimeters
Edge: Reeded
Weight: 4.18 grams
Mintmarks: None (all were struck in Philadelphia)
I View Grading
Year/
Mint Mark
Circulation
Strikes
17961,368
1797427
17981,094
18023,035
18043,327
18051,781
18061,616
18076,812

Type 1 (1796)
Draped Bust, No Stars

1796  $2.5 DOLLAR coin Type 1 Draped Bust, No Stars - Obverse 1796  $2.5 DOLLAR coin Type 1 Draped Bust, No Stars - Reverse

These coins bear Robert Scot's bust of Liberty facing right, clad in a loose-fitting gown and tall cap which is often mistakenly refered to as a "turbin". A total of just 963 pieces was recorded for the year. This first emission lacked stars on the obverse, making it unique among coins of that design. This first quarter eagles may have been a test of a proposed starless obverse.

The Heraldic Eagle reverse of this type is an adaptation of the Great Seal of the United States of America. Starless Draped Bust quarter eagles were poorly made, when judged by the standards usually applied to gold coins. Low mintage and poor quality place the Starless Quarter Eagles among the most expensive and highly sought coins in the United States series.



Type 2 1796
Draped Bust, 16 Stars on Obverse

1796  $2.5 DOLLAR coin  Draoed Bust, 16 Stars on Obverse - obverse (47K) 1796  $2.5 DOLLAR coin Draoed Bust, 16 Stars on Obverse - reverse

Sixteen Stars were added, one for each state in the United States at that time. It soon became obvious that as the number of States grew, placing enough stars on a coins to represent each State was increasingly difficult. The total number of stars had to be limited at some point.


Type 3 (1796-1807)
Draped Bust, 13 Stars on Obverse

1802 $2.5  DOLLAR coin Type 2 Draped Bust, Stars on Obverse - obverse 1802 $2.5 Dollar coin Type 2 Draped Bust, Stars on Obverse - reverse

Even after the Mint was ready for production of gold coins, few quarter eagles were produced. Depositors prefered the larger half eagles and eagles. These coins bear Robert Scot's bust of Liberty facing right, clad in a loose- fitting gown and tall cap which is often mistakenly refered to as a "turbin". It was decided that the proper number of stars should be thirteen, and thereby represent each of the origional colonies that came together and formed the United States.

The reverse has a large, Heraldic eagle patterned after the Great Seal of the United States. A ribbon in the eagle's beak extends left and right, bearing the inscription E PLURIBUS UNUM. The eagle holds a bundle of arrows (eight are visible) in its dexter claw and an olive branch in its sinister claw.

14 Stars on Reverse

Eventually, the same logic was used to determine the number of stars on the reverse of the coin.


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