1833 Capped Head Gold Quarter Eagle NGC MS62
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1833 Capped Head Gold
Quarter Eagle NGC/PCGS MS62
- Mintage: 4,160 (60 to 90 known)
- NGC Population: 5/9
- PCGS Population: 7/8
- Collector's Universe Price Guide: $40,000
- Smithsonian Specimen: AU
- Finest Known: MS66+ (1) – Last sold in 2015, for $176,250. Expected to cost $300,000 today.
- The quarter eagle was first introduced in 1796 and produced intermittently through 1808 in small quantities.
- Following the 1808 issues, quarter eagle production would witness a 13-year hiatus, formally resuming in 1821 with the Capped Head design, which was used until part-way through 1834.
- In total just 28,583 Capped Head Quarter Eagles were struck from 1821 to 1834! The Capped Head design was replaced that year by the Classic Head design.
- In the first year of the Classic Head series over 3x as many quarter eagles (112,234) were struck compared to the entire Capped Head series.
- As such the word "rarity" loses its meaning when talking about Capped Head Quarter Eagles as every date is incredibly elusive.
- PCGS & NGC have certified less than 900 coins in all conditions for the Capped Head Quarter Eagle series!
- While all Capped Head Quarter Eagles are incredibly rare, the Key Date amongst business strikes is the last year of issue, 1834 $2.5 Capped Head, with no more than two dozen known. Even the most worn example is easily six-figures.
- For those seeking one of the final issues from the series the 1833 $2.5 is the next best thing and far more attainable in comparison. Even still, the 1833 $2.5 still trades infrequently especially in Uncirculated condition.
- In fact, a MS62 specimen for this date has not sold since 2010! Not to mention none of the 17 finer know examples have traded since 2016 either.
- The last MS63 graded piece to sell was in 2013, for just over $40,000. Today a MS63 example would likely bring $50,000+.
