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QUARTER EAGLE 1808 Capped Bust to Left

Description

By 1808, the need for the quarter eagle appeared to be in question. Only 2,710 coins were produced and no quarter eagles of any design were produced from the period 1809 through 1820. In 1821, production resumed.

The 1808 design was a new design. The diameter remained the same as earlier, but the obverse and reverse motifs were changed. Miss Liberty now faces left, wearing a loose cloth cap secured by a band inscribed LIBERTY. Seven stars are to the left and six are to the right, and the date 1808 appears below. The reverse depicts an eagle perched on an olive branch and holding three arrows. The motto E PLURIBUS UNUM is on a band or ribbon above. The inscription UNITED STATES OF AMERICA and 2 1/2 D is around the border. The denomination is stated for the first time on a quarter eagle.

Valuation

It is believed that perhaps three or four dozen exist, nearly all of which are in the grades of Very Fine or Extremely Fine, although at least two Uncirculated coins can be accounted for.
COIN NAME
QUARTER EAGLE 1808 Capped Bust to Left
DESIGNED BY
John Reich
ISSUE DATE
1808
COMPOSITION
0.9167 part gold, 0.0833 part copper
DIAMETER
20 mm
WEIGHT
67.5 grains
EDGE
Reeded
BUS MINT
2,710
PROOF MINT
None

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.