The 1846 Liberty Head Quarter Eagle is an important gold coin in American numismatic history. With its rich design and historical background, this coin stands out for collectors and investors alike.
In this article, we will explore the coin’s design, its place in U.S. history, and how its value has evolved over time. This will help you understand why it’s a valuable piece of American heritage and what it might be worth.
Historical Significance of the 1846 Liberty Head Quarter Eagle
The year 1846 holds a special place in U.S. history, marked by events like the Mexican-American War. The Liberty Head Quarter Eagle coins were minted in three different locations: Philadelphia, New Orleans, and Charlotte. Each mint contributed a unique piece to the coin’s story.
- Philadelphia Mint: Produced 21,498 Quarter Eagles with a high level of detail and a relatively good supply.
- New Orleans Mint: Minted 62,000 coins during a turbulent period when the country was preparing for military conflict. Many of these coins have weaker strikes, especially in the hair and eagle’s right leg.
- Charlotte Mint: Minted only 4,808 coins. Due to a fire that delayed production, these coins are rare and highly sought after by collectors.
Design and Features of the Coin
The Liberty Head Quarter Eagle was designed by Christian Gobrecht, the Chief Engraver of the U.S. Mint. The front of the coin features Liberty wearing a crown inscribed with the word “LIBERTY,” symbolizing freedom and the nation’s hopes. On the back, an eagle is depicted holding arrows and an olive branch, reflecting the nation’s strength and desire for peace.
Market Data and Valuation of the 1846 Liberty Head Quarter Eagle
The value of the 1846 Liberty Head Quarter Eagle depends on its mint, condition, and rarity.
- Philadelphia Mint: The highest-known grade for this coin is MS63, but only three have achieved this level of perfection.
- New Orleans Mint: These coins are rare in high grades. A coin graded MS65 can be worth about $132,000 due to its excellent condition and historical importance.
- Charlotte Mint: Coins from this mint are very rare, with auction prices sometimes reaching over $40,000 for those in mint condition.
Investment Perspective: Is It a Good Investment?
The 1846 Liberty Head Quarter Eagle is seen as a solid investment. Its historical importance and rarity make it a valuable addition to any coin collection. As the market for rare coins continues to grow, the value of these coins tends to increase over time.
Detailed Specifications of the Coin
| Mint | Mintage | Notable Auction Prices |
|---|---|---|
| Philadelphia | 21,498 | Up to $18,800 |
| New Orleans | 62,000 | Up to $132,000 |
| Charlotte | 4,808 | Up to $54,625 |
Summary Table
| Mint | Key Features | Rarity |
|---|---|---|
| Philadelphia | Well-struck with significant output | Common |
| New Orleans | Often weakly struck, high historical value | Rare |
| Charlotte | Extremely rare, affected by historical events | Scarce |
The 1846 Liberty Head Quarter Eagle is a coin with both historical significance and numismatic value.
Its rarity, unique design, and connection to key events in American history make it an important piece for collectors.
Whether you’re looking to invest or simply appreciate its beauty and heritage, this coin holds a special place in American numismatics.
What is the 1846 Liberty Head Quarter Eagle?
The 1846 Liberty Head Quarter Eagle is a gold coin minted during a significant period in U.S. history. It features Liberty on the front and an eagle on the back.
Why is the 1846 Liberty Head Quarter Eagle important?
This coin is important because it was minted during key historical events like the Mexican-American War. Its design and rarity also make it highly valuable.
How many 1846 Liberty Head Quarter Eagles were minted?
A total of 21,498 were minted in Philadelphia, 62,000 in New Orleans, and only 4,808 in Charlotte. The Charlotte coins are especially rare.
What factors affect the value of the 1846 Liberty Head Quarter Eagle?
The value is determined by the coin’s condition, rarity, and historical significance. Coins from the New Orleans and Charlotte mints tend to be worth more due to their rarity and condition.
Is the 1846 Liberty Head Quarter Eagle a good investment?
Yes, it is considered a good investment due to its historical significance and increasing value over time. Rare examples, especially from New Orleans and Charlotte, can fetch high prices.
