The 1808 quarter eagle is a unique and rare coin in U.S. numismatic history. Minted only in that year, it features John Reich’s Capped Bust design and has become a sought-after piece for collectors.
Historical Background
In 1808, the U.S. Mint introduced a new design for the quarter eagle, featuring Liberty wearing a cap, known as the Capped Bust design. This design was used exclusively for that year, making the 1808 quarter eagle a one-year type coin.
Design Features
The obverse of the 1808 quarter eagle depicts Liberty facing left, wearing a cap inscribed with “LIBERTY.” Thirteen stars encircle her, representing the original states. The reverse shows an eagle with a shield, olive branch, and arrows, with the denomination “2½ D.” below.
Rarity and Mintage
Only 2,710 1808 quarter eagles were minted, making it one of the rarest U.S. gold coins. The low mintage and unique design contribute to its scarcity and desirability among collectors.
Collectibility and Value
Due to its rarity, the 1808 quarter eagle is highly prized by collectors. In Choice Mint State, it can fetch over $300,000 at auction. The finest known example sold for $2,350,000 in 2015.
Preservation and Condition
Given its age and rarity, well-preserved examples of the 1808 quarter eagle are scarce. Many surviving pieces are in higher grades, with few in lower grades like AU50. Collectors often seek coins with original surfaces and minimal damage.
Here is a table with relevant details about the 1808 quarter eagle coin:
| Feature | Description | Value Range | Mintage | Notable Fact |
|---|---|---|---|---|
| Design | Capped Bust design with Liberty on the obverse and eagle on the reverse. | High demand among collectors | 2,710 minted | One-year-only design, unique in 1808. |
| Condition | Rarely found in higher grades, with minimal damage. | Can fetch over $300,000 in MS | Few in higher grades | Best known example sold for $2,350,000 in 2015. |
| Rarity | One of the rarest U.S. gold coins due to low mintage. | Affects market value significantly | Only 2,710 minted | Extremely low mintage and unique history. |
| Collectibility | Prized for its rarity and history. | Extremely valuable in high condition | Extremely low survival rate | Highly sought after in auctions and private collections. |
This table summarizes key aspects of the 1808 quarter eagle, offering a clear view of its rarity, value, and historical importance.
The 1808 quarter eagle stands as a testament to early American coinage, reflecting the nation’s history and the artistry of its engravers.
FAQs
1. What makes the 1808 quarter eagle unique?
The 1808 quarter eagle is unique due to its one-year design, featuring Liberty wearing a cap, and its extremely low mintage of 2,710 coins.
2. How much is the 1808 quarter eagle worth?
The value of the 1808 quarter eagle varies based on its condition. In Choice Mint State, it can be worth over $300,000, with the finest known example selling for $2,350,000 in 2015.
3. Why was the 1808 quarter eagle minted only in that year?
The 1808 quarter eagle was minted only in that year due to low demand for the denomination, leading to its discontinuation until 1821.
4. Where can I find an 1808 quarter eagle?
Finding an 1808 quarter eagle can be challenging due to its rarity. They occasionally appear at major coin auctions and are often held in private collections.
5. How can I determine the authenticity of an 1808 quarter eagle?
Authenticating an 1808 quarter eagle requires expertise. It’s advisable to consult with professional numismatists or reputable coin dealers for verification.
