1804 Draped Bust Quarter. B-1. Rarity-3. Fine-12 (PCGS). OGH. Attractive circulated preservation for this key date entry in the early quarter dollar series. Well defined for the grade, both sides retain bold outline definition to all major design elements. The surfaces are a bit glossy in texture to suggest an old cleaning, but they have retoned nicely in a warm, even blend of dove-gray and sandy-gold. There are no sizeable or otherwise individually distracting marks. There are only two die pairings that were used to produce the small quantity of 1804 quarters. After a long hiatus since 1796, the quarter denomination was brought back to life with this issue. Today, collector pressure for a nice example remains very high, as the romance associated with 1804-dated coinage has created a huge collector demand. Furthermore, Draped Bust quarters as a type simply did not survive in high numbers. The present example, despite having acquired moderately heavy wear, is tailor made for a specialized collection and will undoubtedly please early quarter specialists.
