1838 Proof Capped Bust Quarter

Coin Details

Auction Record

$184,000 PR66 01-01-2007 Heritage Auctions

Description

The 1838 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 only 3, this is an extremely rare issue. The obverse features Liberty facing left wearing a mob cap or turban, while the reverse displays a heraldic eagle with shield on breast, olive branch and arrows in talons, with a banner reading E PLURIBUS UNUM. Designed by John Reich. Struck in 90% silver, 10% copper, weighing 6.74 grams, 24.3 mm in diameter, with a reeded edge. Cataloged as PCGS #5386. The Capped Bust Quarter was first struck in 1815 — there is no 1808-1814 quarter production — making the 1815 a historically important first-year issue. The 1823/2 overdate is a classic rarity. The 1827 original (restrike controversial) and certain proof-only dates attract specialized collectors.