Investor kit made up of 3 brochures

Get $500 and your FREE investor kit!

American gold eagle coin Request your FREE Precious Metals Investor Kit and we’ll immediately add $500 to your account to help you get started!

The $500 can be used for shipping, insurance charges or IRA custodial fees

Lear does not provide financial advice and is a for profit retailer.
Skip to main content
Back to Top
Speak to a specialist 800-576-9355

QUARTER DOLLAR 1838-1865 Liberty Seated

Front - 1838 quarter dollar liberty coin Back - 1838 quarter dollar liberty coin

Description

This is the first Quarter minted in exact proportion of 90% silver and 10% copper. In addition, the overall weight of this Quarter began to shrink as the Mint got chincy with the supply of silver. Note the 103.125 grains of total weight is down from 104 grains in prior issues. Making the issue of weight even more noteworthy, is the reduction of total weight in issues beginning in 1856. No coins were struck in 1854 or 1855.

Also, as if to make up for a tremendous lack of Quarters in circulation, the mint produced more than ten times the number of coins in this period than the prior. The year 1838 marked the first year for the Liberty Seated design in the Quarter. Matching other new silver designs of the time, the quarter dollar depicts Miss Liberty seated on a rock, her left hand holding a liberty cap on a pole and her right holding a shield inscribed LIBERTY. Thirteen stars are at the border, and the date is below. The reverse is somewhat similar to the proceeding, except the denomination is expressed differently. An eagle is perched on an olive branch and holds three arrows. UNITED STATES OF AMERICA is above and the denomination QUAR. DOL. is below. There is no motto on the reverse. Early issues lack drapery at Miss Liberty's elbow. From 1853 through 1855 special varieties with arrows at date were made and are different types.

Valuation

There should be no trouble in obtaining coins graded from Good through Extremely Fine, although it is important to note that Liberty Seated quarters of this era are more scarce than half dimes, dimes, or half dollars.
COIN NAME
QUARTER DOLLAR 1838-1865 Liberty Seated
DESIGNED BY
Christian Gobrecht
ISSUE DATE
1838-1865
COMPOSITION
0.900 part silver, 0.100 part copper
DIAMETER
24.3 mm
WEIGHT
103.125 grains 1838 to 1853 no arrows; 96 grains later
EDGE
Reeded
BUS MINT
46,685,313
PROOF MINT
fewer than 5,500

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.