Bust QuartersChief Engraver Robert Scot created the dies for the United States first quarter back in the 1700's. The 1796 Draped Bust quarter is the only quarter that has the small eagle reverse. Many coin collectors do not consider a coin collection complete without a1796 Draped Bust quarter. Of course this is a problem for most coin collectors who feel they have to have one because of limited edition of the 1796 Draped Bust quarter. In fact, the 1796 quarter is considered to be one of the top valuable coin key dates in any coin collection. Prices have been rising at a fast rate over the last few years, in relation to all the new quarter collectors entering the market due to the state quarters that is distributed by the U.S. Mint. A 1796 Draped Bust quarter in good condition will be valued around $9,000 and then soars to $27,000 in fine condition.
The 1804 Draped Bust quarter is just as rare as the 1796 Draped Bust quarter. The 1804 Draped Bust quarter shares the heraldic eagle on the reverse with the 1805, 1806 and 1807 Draped Bust quarters; there is not as much pressure from coin collectors as is the case with the 1796 Draped Bust quarter. An 1804 Draped Bust quarter in good condition will cost you around $2,750 and around $4,750 in fine condition. Coin collectors must be willing to settle for an 1805-1807 Draped Bust quarter. These three dates retail around the same coin price $240 in good condition and $550 in fine condition. You shouldn't have a tough time finding them down today largely due to the Internet. This could change if the state quarter collectors start collecting and go after the older quarter dates. By owning even the more common 1805-07 Draped Bust quarters, coin collectors will own the nation's first quarter designs.
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