Very Fine grade has the widest range of numerical grades in the 1 to
70 Sheldon scale that serves as the basis for grading coins today.
Grades can range from Very Fine 20 to 35, with the next grade being
Extremely Fine 40. It’s a tricky grade in today’s marketplace:
well-circulated, but not entry-point; nicely detailed, but with
virtually no luster. Here are three Very Fine coins that sold at
Heritage’s recent Central States Numismatic Society auction in
1796 Capped Bust, No Stars Gold $2.50 quarter
1796 marked the first year that the quarter eagle denomination was
struck at the Philadelphia Mint and the mintage of the 1796 Capped
Bust, No Stars gold $2.50 quarter eagle was a tiny 963 pieces.
It has long been coveted by collectors as a rare type coin.
COIN VALUES: How much is your 1796 Capped Bust quarter eagle worth?
When one sees an old gold coin with this much circulation, the mind
wanders, considering the things that this coin has seen and the
stories that it could tell. As Heritage observes, “Both sides display
unquestionably original ‘old gold’ color with deeper accents within
and surrounding the devices,” concluding, “This is an excellent
midgrade example of this one-year type.”
Graded VF-30 by Professional Coin Grading Service, it sold for
$88,125, a bit less than the $94,000 it brought when offered in
December 2013 at Heritage’s Houston Signature auction.
Keep reading this Market Analysis:
Indian Head $5 from only year New Orleans Mint struck them
Despite problems, rare 1796 Draped Bust half
dollar realizes $42,300
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