1851 Liberty Head Quarter Eagle: Everything You Need to Know

The 1851 Liberty Head Quarter Eagle is a significant gold coin from the United States. It was produced during a time when gold was being discovered in California, which increased gold coin production. This coin is not only interesting because of its history but also because many collectors seek it. In this guide, we’ll explore its background, features, and why it’s valued by collectors.

Overview of the 1851 Liberty Head Quarter Eagle

The Philadelphia Mint produced a variety of gold coins in 1851, with the 1851 Liberty Head Quarter Eagle being one of the most popular. The total number minted was 1,372,748 coins, making it relatively common for a 19th-century coin, but it is still rarer than the 1852 and 1853 versions. This coin holds a special place among collectors and investors today.

Minting Details

In 1851, the Philadelphia Mint produced several denominations of gold coins. Here’s a summary of the gold coins made that year:

Features of the Coin

The 1851 Liberty Head Quarter Eagle is a $2.50 gold coin made from .900 gold and .100 copper. It weighs about 4.18 grams and has a diameter of 18.00 mm. The coin’s design features:

• Obverse (Front): A profile of Lady Liberty with a crown that reads “LIBERTY.” There are 13 stars around her head, symbolizing the original 13 colonies, and the year 1851 is below.
• Reverse (Back): A majestic eagle is shown with wings spread, surrounded by the words “UNITED STATES OF AMERICA” and the coin’s value, “TWO DOLLARS AND FIFTY CENTS.” There is no mintmark, as it was produced in Philadelphia.

Market Data and Noteworthy Specimens

Despite the high mintage, finding a 1851 Liberty Head Quarter Eagle in great condition can be a challenge. Most examples are graded in About Uncirculated or Mint State condition. Higher grades, like MS66 or above, are quite rare.

Notable Coins

• The Harry W. Bass, Jr. coin graded PCGS MS66 was one of the top-rated examples until it was surpassed by a single MS67 coin.
• As of October 2024, there are only a few graded above MS64, making them highly sought after by collectors.

Recent Auction Prices

• A NGC MS66 coin sold for $9,600 in June 2023.
• A PCGS MS66 coin fetched $9,400 in a recent auction.

Why Collect the 1851 Liberty Head Quarter Eagle?

Collecting the 1851 Liberty Head Quarter Eagle is a rewarding experience for several reasons:

1. Historical Significance: This coin was produced during a pivotal time in U.S. history, reflecting the gold rush era.
2. Artistic Design: The design of Lady Liberty and the eagle is a beautiful representation of American coinage.
3. Investment Potential: While it’s more common than other coins from the same era, the value of well-preserved coins can rise significantly over time, making it a worthwhile investment.

Conclusion

The 1851 Liberty Head Quarter Eagle is not just a coin; it’s a piece of American history. With its intricate design and rich background, it attracts collectors from all walks of life. Its moderate mintage and condition rarity add to its charm. As gold prices fluctuate, the interest in coins like the 1851 Quarter Eagle continues to grow, making it a valuable addition to any collection. Whether you’re a beginner or an experienced collector, this coin offers both beauty and value, reminding us of the gold rush that shaped our nation.

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