1849-C Liberty Head Quarter Eagle: A Collector’s Guide

The 1849-C Liberty Head Quarter Eagle is a historic and sought-after coin among collectors of early American gold coinage. Minted at the Charlotte Mint in North Carolina, this coin holds significant historical and numismatic value. With its low mintage, distinct design, and Southern origin, the 1849-C Quarter Eagle is a prized piece for enthusiasts of U.S. gold coins.

History and Background

The Liberty Head Quarter Eagle, designed by Christian Gobrecht, was introduced in 1840 and minted until 1907. The 1849-C variety was struck at the Charlotte Mint, which was established in 1837 to process gold from the Appalachian region, particularly the Carolina Gold Rush.

The Charlotte Mint focused exclusively on producing gold coins, making its products inherently rare and valuable. In 1849, only 10,220 coins of the Liberty Head Quarter Eagle were minted in Charlotte, a number that pales in comparison to coins produced at larger mints like Philadelphia. Many of these coins entered circulation, leaving relatively few examples in high grades today.

Design Features

The Liberty Head Quarter Eagle showcases a timeless and elegant design:

• Obverse: The obverse features a left-facing bust of Lady Liberty, wearing a coronet inscribed with the word “LIBERTY.” Thirteen stars encircle her, representing the original states, along with the coin’s minting year, 1849.
• Reverse: The reverse depicts a majestic eagle with outstretched wings, clutching arrows and an olive branch. The inscription “UNITED STATES OF AMERICA” encircles the eagle, and the denomination “2 1/2 D.” appears below. The “C” mintmark, denoting the Charlotte Mint, is located just above the denomination.

Rarity and Value

The scarcity of the 1849-C Liberty Head Quarter Eagle is a key factor driving its desirability. Many of these coins were used in everyday transactions, leading to significant wear over time. High-grade examples are exceptionally rare.

• Circulated Grades (XF-40 to AU-58): Coins in these conditions typically sell for $3,500 to $7,500, depending on wear and eye appeal.
• Uncirculated Grades (MS-60 to MS-63): Truly uncirculated examples are exceedingly rare, often fetching upwards of $20,000 or more.
• Key Factors: Coins with original luster, minimal marks, and a strong strike command the highest premiums. Collectors should also verify the authenticity of the “C” mintmark, as counterfeits exist.

The Charlotte Mint Connection

The Charlotte Mint played a vital role in U.S. history, operating from 1838 to 1861. Its gold coins, including the 1849-C Quarter Eagle, are distinct due to their regional origin and limited production. Charlotte coins were struck using gold from local mines, giving them a unique connection to the Southern United States.

After the Civil War, the Charlotte Mint ceased coin production, making its coins even more desirable to collectors.

Collecting Tips

1. Buy Certified Coins: Given the high value of 1849-C Quarter Eagles, ensure your coin is authenticated and graded by a reputable service like PCGS or NGC.
2. Inspect the Mintmark: The “C” mintmark is critical to this coin’s identity. Confirm it is genuine and not altered or added.
3. Condition Matters: Coins with minimal wear, clear details, and original surfaces are far more valuable.

Conclusion

The 1849-C Liberty Head Quarter Eagle is a treasure for collectors of rare U.S. gold coins. Its historical ties to the Charlotte Mint, combined with its low mintage and elegant design, make it a standout piece in any collection. Whether you are captivated by its Southern heritage or its numismatic rarity, this coin embodies a unique piece of American history.

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