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QUARTER EAGLE 1834-1839 Classic Head

Front - QUARTER EAGLE 1834-1839 Classic Head Back - QUARTER EAGLE 1834-1839 Classic Head

Description

Note, the Coinage Act of June 28, 1834, mandated a reduction in weight of gold coins, the quarter eagle was redesigned by Chief Engraver William Kneass. The new format, called the "Classic Head" by collectors today, features the head of Miss Liberty facing left, her hair secured by a band inscribed LIBERTY, stars circling her head, 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. UNITED STATES OF AMERICA and 21/2 D. surrounds. The motto E PLURIBUS UNUM, used on quarter eagles since 1796, was discontinued. Mintage quantities were large in the first several years of the coinage span reaching a high in 1836 of 547,986 coins. In 1838, quarter eagles were struck at Charlotte for the first time, followed the next year by supplementary coinage at Dahlonega and New Orleans. By far the greatest number of 1834-1839 Classic Head quarter eagles were produced at Philadelphia. Examples of this style can be obtained readily in grades from Fine through Extremely Fine. AU pieces are scarce, and Uncirculated pieces are scarcer yet. Superb Uncirculated coins are very rare.

Valuation

Uncirculated pieces of the first year of issue, 1834, often display prooflike surfaces. Since only 50 proof coins were struck, beware the claim that a coin you are being sold is a true proof
COIN NAME
QUARTER EAGLE 1834-1839 Classic Head
DESIGNED BY
Willian Kneass
ISSUE DATE
1834-1839
COMPOSITION
0.8992 part gold, 0.1008 part copper
DIAMETER
18.2 mm
WEIGHT
64.5 grains
EDGE
Reeded
BUS MINT
968,228
PROOF MINT
Fewer than 50

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.