The 1849-D Liberty Head Quarter Eagle is a key coin in the history of U.S. coinage, prized by collectors for its rarity, historical significance, and design. Minted at the Dahlonega Mint in Georgia, this quarter eagle ($2.50 denomination) is part of the Liberty Head series, which first debuted in 1839 and continued through the 1900s. The 1849-D issue is particularly sought after due to its scarcity and distinctive design, making it a valuable addition to any advanced coin collection.
A Historical Overview
The Liberty Head series was introduced by the U.S. Mint in 1839, replacing the earlier Capped Bust design. The new design, created by Christian Gobrecht, depicted a bust of Liberty wearing a coronet with the word “LIBERTY” inscribed on it. The reverse featured a large eagle with outstretched wings, perched on a bundle of arrows and olive branches, representing both military and diplomatic power.
The Dahlonega Mint, located in Georgia, was one of the U.S. Mint’s branch mints and primarily produced gold coins. The 1849-D Liberty Head Quarter Eagle was struck in limited numbers, and its scarcity is attributed to the relatively small output of the Dahlonega Mint during this period. The coin was minted as part of the post-Gold Rush era, when the mint was busy refining the gold from Georgia’s goldfields.
Design and Specifications
The 1849-D Liberty Head Quarter Eagle shares its design with other coins in the Liberty Head series, but the key distinguishing feature is the mintmark “D” on the reverse, which indicates that the coin was struck at the Dahlonega Mint.
In terms of specifications, the 1849-D quarter eagle weighs 4.18 grams and has a diameter of 22 millimeters. It is composed of 90% gold and 10% copper, with approximately 0.1202 troy ounces of pure gold.
Value and Grading
The value of an 1849-D Liberty Head Quarter Eagle depends heavily on its condition and rarity. This coin is one of the rarer issues in the Liberty Head series, with only an estimated 20,000 coins struck. As a result, it is highly sought after by collectors, especially in higher grades.
Coins in good condition (AU or better) can fetch several thousand dollars, with prices often exceeding $10,000 for coins in fine to very fine condition. Coins that have been graded MS60 or above (Mint State) can see prices range from $20,000 to $40,000 or more, depending on market demand and the coin’s specific attributes.
Collecting Tips
For collectors interested in acquiring an 1849-D Liberty Head Quarter Eagle, it is essential to focus on the coin’s authenticity and condition. Due to its rarity, counterfeits and altered coins can occasionally surface, so always purchase from reputable dealers or auction houses.
It’s also important to understand that this coin is highly valued in high-grade examples. Coins with minimal wear, sharp details, and little to no discoloration will always command a higher price. When buying, it is advisable to look for certification from reputable grading companies like PCGS or NGC to ensure you’re receiving an accurately graded coin.
Conclusion
The 1849-D Liberty Head Quarter Eagle is a rare and historically significant coin that offers great appeal to collectors. Its striking design, limited mintage, and connection to the early days of U.S. gold coinage make it a must-have for serious numismatists. Whether as a standalone piece or as part of a complete set of Liberty Head coins, the 1849-D quarter eagle is a truly exceptional coin that holds its value and remains a prized possession for generations of collectors to come.
FAQs
1. What makes the 1849-D Liberty Head Quarter Eagle so rare?
The 1849-D Liberty Head Quarter Eagle is rare due to its limited mintage at the Dahlonega Mint and the relatively small output of gold coins during this period.
2. How much is an 1849-D Liberty Head Quarter Eagle worth?
The value of an 1849-D Liberty Head Quarter Eagle can range from several thousand dollars to over $40,000, depending on its condition and grade. Coins in high mint state (MS60 or above) are especially valuable.
3. How can I tell if my 1849-D Liberty Head Quarter Eagle is authentic?
To ensure the authenticity of your 1849-D Liberty Head Quarter Eagle, it’s best to purchase from reputable dealers or auction houses.