The 1847-C Liberty Head Quarter Eagle is a historically significant coin cherished by numismatists for its rarity, charm, and connection to the Old South. Struck at the Charlotte Mint in North Carolina, this $2.50 gold piece exemplifies the craftsmanship of mid-19th-century American coinage. For collectors, it represents a piece of history intertwined with the nation’s gold rush era. This guide explores the background, design, mintage, and collector value of the 1847-C Liberty Head Quarter Eagle.
History and Background
The Charlotte Mint was established in 1837 to refine gold discovered during the Carolina Gold Rush and to produce coinage using the region’s resources. Gold coins struck at this mint bear the “C” mintmark, distinguishing them as products of Charlotte. The 1847-C Liberty Head Quarter Eagle is a part of this legacy, representing an era when regional mints played a vital role in expanding the nation’s coinage.
The Liberty Head Quarter Eagle was designed by Christian Gobrecht, the third Chief Engraver of the U.S. Mint. It features a timeless design introduced in 1840, continuing in production until 1907. The 1847-C issue, with a relatively small mintage, is highly sought after by collectors, especially those focusing on Southern gold coins.
Design Features
The obverse of the 1847-C Liberty Head Quarter Eagle displays a profile of Lady Liberty, crowned with a coronet inscribed with the word “LIBERTY.” Thirteen stars surround her image, representing the original states, and the year “1847” is inscribed below.
On the reverse, an eagle with a shield on its breast holds an olive branch and arrows in its talons, symbolizing peace and readiness to defend. The coin bears the denomination “2 ½ D” and the “C” mintmark beneath the eagle, signifying its Charlotte origin.
The coin is struck in 90% gold and 10% copper alloy, typical of U.S. gold coins of the era. It has a diameter of 18 millimeters and a weight of 4.18 grams, making it a small but substantial artifact.
Mintage and Rarity
Only 23,226 of the 1847-C Liberty Head Quarter Eagles were minted, making it a relatively scarce coin from the start. Due to their age and the fact that many gold coins were melted down or lost, surviving specimens are even rarer. Collectors value both circulated and uncirculated examples, though uncirculated coins are incredibly scarce and command premium prices.
Value and Collectibility
The value of an 1847-C Liberty Head Quarter Eagle depends on its condition. Circulated coins in grades such as Very Fine (VF) can fetch prices between $2,500 and $4,000, while higher-grade examples in Extremely Fine (EF) or About Uncirculated (AU) conditions can range from $6,000 to $10,000. In rare cases, uncirculated examples can surpass $20,000, depending on their eye appeal and certification.
Collectors of Charlotte Mint gold coins prize the 1847-C issue for its historical and regional significance. Its small mintage and the inherent allure of Southern gold coins add to its appeal.
Tips for Collectors
- Verify Authenticity: Ensure the coin is certified by a reputable grading service like PCGS or NGC to confirm its authenticity and grade.
- Look for Original Surfaces: Coins with minimal cleaning and original luster often command higher prices.
- Consider Historical Context: Collecting Charlotte Mint coins can enhance your understanding of U.S. history, especially the Southern gold rush era.
Conclusion
The 1847-C Liberty Head Quarter Eagle stands as a testament to American history and numismatic artistry. Its connection to the Charlotte Mint and the gold rush era makes it a prized addition to any collection. Whether you’re a seasoned collector or a history enthusiast, this coin is a tangible link to the past worth exploring.
FAQs
What makes the 1847-C Liberty Head Quarter Eagle unique?
The 1847-C Liberty Head Quarter Eagle was minted at the Charlotte Mint during the gold rush era, making it a rare and historically significant coin with only 23,226 produced.
How much is the 1847-C Liberty Head Quarter Eagle worth today?
The coin’s value varies by condition, ranging from $2,500 to $4,000 for Very Fine grades, up to $20,000 or more for uncirculated examples.
What should collectors look for when purchasing this coin?
Collectors should seek coins certified by reputable grading services, ensuring authenticity and grade. Original surfaces with minimal cleaning are especially valuable.