Here is the next installment of this series. The 1804 Quarter Eagle has two varieties is The Red Book. This is the more common 14 star reverse variety. This is graded AU-50 in an Old Green Lable Holder (OGLH for those who want to be "cool.") One of the interesting facts about quarter eagles from this era is that some of the reverse dies were used on the dime and the quarter eagle were used on both. Both coins had the same diameter. The 1804 dime with this reverse is rarer than the quarter eagle. About 40 years ago I had a chance to own a nice example of the dime which was as nice or better than this quarter eagle. It was one the Boston Worthy Coin bid wall. I scraped up enough money to finish second. One more bid would have probably won the coin for me. A dealer friend was bidding on behalf of a client, and we were the last two bidders left. He gave a nod that he had hit his limit, but I didn't bid again. I sure wise I had. That 1804 dime is among the finer examples known and sells for over hundred thousand today. Here is an 1904 quarter eagle. This one is graded MS-65 CAC. It may be while before you see part 5 of this series. The 1896 quarter eagle is a better date.
Lovely coins. Are those adjustment marks on the reverse, K9 to 10? The marks appear to be incuse, so appropriate for file marks. But, the marks also appear to have occurred after the coin was struck since they go over some of the lettering. If so, I think this is the first time I've seen adjustment marks this late and on a quarter eagle, and happening after the coin was struck instead of on the unstruck planchet. Obviously the TPG thought the marks were mint made since they straight-graded it. Undoubtedly I have more to learn. And I can say "OGLH" all day and it still won't make me cool.
Those marks are adjustment marks. Oddly enough nearly every 1804 quarter eagle I saw when I purchased that one, almost 40 years ago, had adjustment marks. Yes it’s odd to see the marks after striking, but it’s not the first time I have seen it.
