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QUARTER EAGLE 1840-1907 Coronet

Front - QUARTER EAGLE 1840-1907 Coronet Back - QUARTER EAGLE 1840-1907 Coronet

Description

The Coronet motif, also called the Liberty Head or Braided Hair style, was used longer than any other motif in coinage history. No major changes were made during its time. The obverse depicts Miss Liberty, her hair in a bun secured with a string of beads, wearing a coronet inscribed LIBERTY, facing left, her head circled by stars, and with the date below. The reverse depicts an eagle with a shield on its breast, perched on an olive branch and holding three arrows. The inscription UNITED STATES OF AMERICA, 2 1/2 D. surrounds. Throughout the period, the Philadelphia Mint produced pieces each year. In general, early examples are fairly scarce, with the 1841 in particular being a prime rarity. Issues produced during the last decade of the series are those most often seen, with dates from 1902 through 1907 being the most plentiful. Additional coinage was accomplished from time to time at Charlotte, Dahlonega, San Francisco, and New Orleans. The type set collector will encounter no difficulty in acquiring a representative specimen in any grade desired from Very Fine through AU. Uncirculated pieces are encountered with frequency, particularly those of the final years of the type. Superb Uncirculated pieces are available but are very scarce in relation to lower grades.

Valuation

Proofs were minted continuously. However, because the span of production was so long, the total number of proof coins struck is deceiving. It was not until later years that more than 100 proof coins were struck in any given year. This makes proof coins of the type very in specific dates and all Proofs are rare today.
COIN NAME
QUARTER EAGLE 1840-1907 Coronet
DESIGNED BY
Christian Gobrecht
ISSUE DATE
1840-1907
COMPOSITION
0.900 part gold, 0.100 part copper
DIAMETER
18 mm
WEIGHT
64.5 grains
EDGE
Reeded
BUS MINT
11,921,171
PROOF MINT
4,232 (estimated)

The statements made on this website are opinions only. Past results are no guarantee of future performance or returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. Lear Capital, Inc. cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. Lear is a retail seller of precious metals and its buyback (or bid) prices are lower than its sell (or ask) prices. Metals must appreciate enough to account for this difference in order for customer to make a profit when liquidating the metals. Lear does not provide financial advice or retirement planning services. The decision to purchase or sell precious metals, and which precious metals to purchase or sell, are the customer’s decision alone, and purchases and sales should be made subject to the customer’s own research, prudence and judgment.