Tag: Quarter Eagle

1856-O Liberty Quarter Eagle NGC MS62

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Mint $2.50 Rarity

The New Orleans Mint struck only 21,100 examples of the 1856-O quarter eagle, a denomination that was unloved and neglected in favor of the half eagle and (after 1849) the double eagle throughout much of its history. San Francisco, in only its third year of operation, also struck 1856-S quarter eagles for the first time since opening, and managed to best New Orleans by a margin of more than 3 to 1. Whether these comparative mintages were an early sign of the increasing decrepitude that would overtake the Southern mint by the early 20th century, or merely an indication of the continuation of the hard-money tradition of the Old West that began a few years earlier with the Gold Rush of 1849, is not readily known today. Nonetheless, 1856-O quarter eagles are quite elusive in Mint State. This is one of only four so-graded by NGC with none higher.

Offered at $29,900 delivered

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1834 Classic Quarter Eagle NGC MS65

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A Real Classic

The 1834 remains the most plentiful Classic Head quarter eagle issue in high grade, despite its mintage of little more than 112,000 pieces being significantly lower than the production totals of the following two years. In the years leading up to 1834, gold coinage did not actively circulate in the United States, as the coins contained more bullion value than their face value, prompting individuals to melt the coins down at a profit. In 1834, William Kneass’s design marked a reduction in weight from 4.37 gm to 4.18 gm. The weight reduction returned the gold value of the quarter eagle to its face value, allowing this denomination to once again circulate domestically. This one is sharply detailed and highly lustrous with flashy, semi-prooflike surfaces. The NGC population is just 15 (two of which are star coins) with two higher.

Offered at $37,975 delivered

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1838-C Quarter Eagle NGC AU58

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Gone with the Wind – Charlotte (Mint)

The 1838-C quarter eagle is an extremely popular coin among early gold enthusiasts. It is a first-year-of-issue and one of just two Charlotte quarter eagles that use the Classic Head, obverse mintmark design. All known examples exhibit a re-punched mintmark, that was initially entered too low. Writing in his Charlotte Mint gold coins reference (2008), Doug Winter says the 1838-C quarter eagle “Usually seen in VF and EF grades, it becomes very scarce in properly graded AU55 to AU58 and rare in Uncirculated.” NGC has recognized only a dozen uncirculated pieces.

Offered at $15,500 delivered

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1908 Indian Quarter Eagle NGC PR68

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1 of Only 2 So-Graded

With the new coinage designs of 1907 and 1908, the mint recognized these coins could not be produced by the conventional brilliant proofing method. Their solution was to sandblast the coins, producing a matte surface; a finish that had been applied to some mint medals for decades. However, the mint’s main customers for proofs were coin collectors, and collectors were generally not familiar with the matte proofing technique or appearance. The result was general dislike by the collecting community and dwindling sales for proof gold until the final year in 1915. There were 236 proof quarter eagles produced, and it is estimated that 100 to 120 pieces are extant today. The surfaces on this piece border on perfection. This is one of only two so-graded by NGC, with none higher.

Offered at $63,250 delivered

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1908 Indian Quarter Eagle PCGS PR66

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First Year Matte Proof

With the new coinage designs of 1907 and 1908, the mint recognized these coins could not be produced by the conventional brilliant proofing method. Their solution was to sandblast the coins, producing a matte surface; a finish that had been applied to some mint medals for decades. However, the mint’s main customers for proofs were coin collectors, and collectors were generally not familiar with the matte proofing technique or appearance. The result was general dislike by the collecting community and dwindling sales for proof gold until the final year in 1915. There were 236 proof quarter eagles produced, and it is estimated that 100 to 120 pieces are extant today. The sandblast surfaces on this piece exhibit the khaki-brown color this date is known for. The PCGS population is 18 with 11 higher. 

Offered at $34,500 delivered

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