1837 Proof Capped Bust Quarter

Coin Details

Auction Record

$132,250 PR67 08-16-2006 Bowers & Merena

Description

The 1837 Proof Capped Bust Quarter is a proof quarter struck at the Philadelphia Mint, part of the Capped Bust Quarters 1815-1838 series. With a mintage of 5, this is an extremely rare issue — the scarcer of two mint variants, with less than 1% of total production. The obverse features Liberty facing left wearing a mob cap or turban and the reverse displays a heraldic eagle with shield on breast, olive branch and arrows in talons, with a banner reading E PLURIBUS UNUM. Minted during the age of Jacksonian democracy and the rise of the common man, as new branch mints opened in Charlotte, Dahlonega, and New Orleans. As a proof issue, this coin was struck multiple times on specially prepared polished planchets using polished dies, producing mirror-like fields and frosted design elements prized by collectors. Struck at the original U.S. Mint facility, in continuous operation since 1792. Auction record: $132,250 PR67 08-16-2006 Bowers & Merena. Struck in 90% silver, 10% copper, weighing 6.74 grams, 24.3 mm in diameter, with a reeded edge. Cataloged as PCGS #5385.