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QUARTER EAGLE 1821-1834 CAPPED HEAD TO LEFT

Front - QUARTER EAGLE 1821-1834 CAPPED HEAD TO LEFT Back - QUARTER EAGLE 1821-1834 CAPPED HEAD TO LEFT

Description

By 1821, it was apparently decided the quarter eagle was a necessary part of our coinage. It had not been produced since 1808 in any quantity. The design is similar to 1808, except that the diameter is reduced to 18.5 mm. Because the weight remained the same, the result was a thicker coin that could more easily be struck and with greater detail. As a result the portrait of Miss Liberty appears smaller and is circled by stars.

All quarter eagles of the 1821-1834 years are rare today. Most examples seen are in grades from Very Fine through AU, although scattered Uncirculated pieces have appeared at auction, as have a few Proofs. It is not unusual for an Uncirculated piece to have a prooflike surface.

Valuation

Mintages in all years were low, but the production of the 1826 variety is thought to be the lowest with just an estimated 760 pieces produced.
COIN NAME
QUARTER EAGLE 1821-1834 CAPPED HEAD TO LEFT
DESIGNED BY
John Reich
ISSUE DATE
1821-1834
COMPOSITION
0.9167 part gold, 0.0833 part copper
DIAMETER
18.5 mm (1821-1827), 18.2 mm (1829-1834)
WEIGHT
67.5 grains
EDGE
Reeded
BUS MINT
42,065
PROOF MINT
Fewer than 150

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.