1850 Proof Liberty Head Quarter Eagle

Coin Details

Description

The 1850 Proof Liberty Head Quarter Eagle is a proof Gold Quarter Eagle struck at the Philadelphia Mint, part of the Liberty Head Quarter Eagles 1840-1907 series. With a mintage of 2, this is an extremely rare issue — ranked 0th of 4 mint variants by mintage, with 0% of production. The obverse features Liberty facing left wearing a coronet inscribed LIBERTY and the reverse displays a heraldic eagle with shield on breast, olive branch and arrows in talons, with a banner reading E PLURIBUS UNUM. Struck during the California Gold Rush era, when vast quantities of western gold transformed the American economy and led to new denominations. 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. Struck in 90% gold, 10% copper, weighing 4.18 grams, 18 mm in diameter, with a reeded edge. Cataloged as PCGS #87876.