The 1841 Coronet Head Gold $2.50 Quarter Eagle is a fascinating piece of U.S. coin history. The Quarter Eagle is a type of gold coin that was minted by the United States Mint. This particular coin, the 1841 version, stands out for its historical significance, design, and value. In this article, we’ll explore the key details about the 1841 Coronet Head Gold $2.50 Quarter Eagle, including its design, history, rarity, and how much it’s worth today.
What is the Coronet Head Gold $2.50 Quarter Eagle?
The Coronet Head Gold $2.50 Quarter Eagle is a gold coin that was minted in the United States from 1840 to 1907. It was designed by Christian Gobrecht, the chief engraver of the U.S. Mint at the time. The “Coronet Head” refers to the image of Lady Liberty featured on the coin’s obverse (front), with her wearing a crown, or “coronet.”
The $2.50 Quarter Eagle coin was used for everyday transactions during the 19th century and was made from gold. It was called a “Quarter Eagle” because it was worth one-quarter of an eagle, a term used for the $10 gold coin.
The Design of the 1841 Coronet Head Gold $2.50 Quarter Eagle
The 1841 Coronet Head Gold $2.50 Quarter Eagle features a beautiful design that is highly admired by collectors. Here’s a breakdown of the design:
Obverse (Front Side)
- The front of the coin shows a portrait of Lady Liberty wearing a coronet (a type of crown). The word “LIBERTY” is inscribed above her head, and the year “1841” is below her chin.
- There are also 13 stars surrounding her, representing the original 13 colonies of the United States.
Reverse (Back Side)
- The reverse side features a large eagle in the center. The eagle has outstretched wings and is holding an olive branch and arrows in its talons, symbolizing peace and strength.
- Above the eagle, you will see the words “UNITED STATES OF AMERICA” and below the eagle is the denomination, “$2.50.”
Why is the 1841 Coronet Head Gold $2.50 Quarter Eagle So Special?
The 1841 Coronet Head Gold $2.50 Quarter Eagle is unique because of several reasons:
- Limited Mintage: The coin had a relatively low mintage compared to other coins from the same era. This makes it rarer and more valuable to collectors.
- Historical Significance: Coins from this period provide insight into the economic and political climate of the early United States. The 1841 date places the coin in a period of change and growth for the U.S. economy.
- Gold Content: The 1841 Coronet Head Gold $2.50 Quarter Eagle is made of 90% gold, which makes it both a valuable historical piece and a gold bullion coin.
How Much is the 1841 Coronet Head Gold $2.50 Quarter Eagle Worth Today?
The value of the 1841 Coronet Head Gold $2.50 Quarter Eagle depends on several factors, including its condition (grade), rarity, and demand among collectors. On average, the coin is worth anywhere from $1,000 to $4,000 or more in good condition. However, coins in better condition or with unique features may sell for much higher prices.
To determine the exact value of your 1841 Coronet Head Gold $2.50 Quarter Eagle, it is important to have it appraised by a professional coin dealer or numismatist. These experts can assess the coin’s grade and provide an accurate valuation.
Collecting the 1841 Coronet Head Gold $2.50 Quarter Eagle
If you’re interested in collecting this coin, there are a few tips to keep in mind:
- Condition: The higher the grade of the coin, the more valuable it is. Coins in mint condition, with minimal wear and damage, are the most sought after.
- Rarity: The 1841 Coronet Head Gold $2.50 Quarter Eagle is a relatively rare coin. Finding one in good condition can be a challenge, but it is worth the effort for collectors.
- Research: Make sure to research reputable dealers and auction houses if you’re looking to buy or sell this coin. Authenticity is crucial, as there are counterfeit coins in circulation.
Table: Key Features of the 1841 Coronet Head Gold $2.50 Quarter Eagle
| Feature | Description |
|---|---|
| Year Minted | 1841 |
| Mintmark | No mintmark (Minted at the Philadelphia Mint) |
| Metal Content | 90% gold, 10% copper |
| Diameter | 18 mm (0.708 inches) |
| Weight | 4.18 grams (0.134 ounces) |
| Obverse Design | Lady Liberty with a coronet and 13 stars |
| Reverse Design | Eagle with an olive branch and arrows |
| Face Value | $2.50 |
| Collector Value | $1,000 to $4,000 or more |
Conclusion
The 1841 Coronet Head Gold $2.50 Quarter Eagle is a unique and valuable coin for collectors. Its design, limited mintage, and historical significance make it a fascinating piece of American coinage. Whether you’re a seasoned collector or a beginner, this coin offers both investment potential and a glimpse into the past. Be sure to research thoroughly and consult with professionals to ensure you get the best deal on this historic coin.
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FAQs
1. What is the history behind the Coronet Head design?
The Coronet Head design was created by Christian Gobrecht and first used in 1839 on the $5 gold coin. It became a popular design for the $2.50 Quarter Eagle, used from 1840 to 1907.
2. How do I know if my 1841 Coronet Head Gold $2.50 Quarter Eagle is authentic?
To determine authenticity, you should have the coin professionally examined by a reputable coin dealer or numismatist. They will look for specific features, such as the design and weight, to confirm the coin’s legitimacy.
3. Is the 1841 Coronet Head Gold $2.50 Quarter Eagle a good investment?
Coins like the 1841 Coronet Head Gold $2.50 Quarter Eagle can be a good investment for collectors, especially if you can find one in excellent condition. Its rarity and historical significance make it a valuable piece in the long term.
4. What other Coronet Head coins should I collect?
If you’re interested in collecting Coronet Head coins, you may also want to look for the $5 gold half eagle, the $10 eagle, and the $20 double eagle, all of which were designed by Christian Gobrecht.
5. Can I find an 1841 Coronet Head Gold $2.50 Quarter Eagle in a local coin shop?
While it is possible to find an 1841 Coronet Head Gold $2.50 Quarter Eagle in a local coin shop, it might be rare. Many dealers may not carry this specific coin, so it’s best to check online auctions or specialized coin dealers for availability.