$2.5 Libertys (1840-1907)

Explore the Enduring Legacy of Coronet Quarter Eagles (1840-1907)

The Coronet or Liberty Head quarter eagles, minted continuously from 1840 to 1907, boast the longest uninterrupted production of any U.S. coin design, maintaining a strikingly consistent appearance across decades. While the coins from 1840 and 1907 look nearly identical apart from their dates, several rarities emerged during this period that capture the interest of numismatists. Notable among these are the elusive 1841 and 1863 coins, each struck only in Proof finish, and the seldom-seen 1854-S, which had a mere 246 business strikes produced.

Among these rarities, the remarkable 1848 CAL. quarter eagle stands out distinctly. It was minted using gold bullion from California during the Gold Rush, marking a significant moment in American history. With only 1,389 of these coins produced, the 1848 CAL. quarter eagle features a unique counterstamp that sets it apart from its counterparts. This coin is recognized as the first official United States commemorative coin, though it often goes unrecognized in that capacity by the general public.

Today, it is estimated that only 200 to 300 specimens of the 1848 CAL. quarter eagle survive, making this coin not just a rare find but a coveted piece of American history. Its significance, coupled with its limited availability, makes it a prized addition to any collection, appealing to both collectors and investors who appreciate the historical and numismatic value of this exceptional piece.