The 1848-D Liberty Head Quarter Eagle is a highly sought-after coin among collectors due to its rarity and historical significance. Struck at the Dahlonega Mint in Georgia, this gold coin is part of the larger Liberty Head series designed by Christian Gobrecht.
Collectors value these coins not only for their beauty and craftsmanship but also for their historical context, minted during the California Gold Rush era.
Historical Context
The Liberty Head Quarter Eagle was minted between 1840 and 1907, with the 1848-D issue being particularly significant. The “D” mint mark indicates that this coin was produced at the Dahlonega Mint, a facility that operated from 1838 to 1861 and primarily struck gold coins using locally mined gold.
The 1848-D Liberty Head Quarter Eagle is a representative artifact from this period, reflecting the economic growth and challenges of the antebellum South.
Coin Specifications
The 1848-D Liberty Head Quarter Eagle has the following specifications:
| Specification | Detail |
|---|---|
| Mint | Dahlonega |
| Designer | Christian Gobrecht |
| Composition | 90% Gold, 10% Copper |
| Weight | 4.18 grams |
| Diameter | 18 mm |
| Edge | Reeded |
| Mintage | 13,771 |
These coins were created with high gold content and a small diameter, making them particularly challenging to produce with the technology available at the time.
Rarity and Value
The 1848-D Liberty Head Quarter Eagle is considered a rare coin, especially in higher grades. Its value can vary significantly based on its condition and grade:
- Mint State 63 (MS-63): Approximately $27,100
- Uncirculated: Around $8,850
- Almost Uncirculated (AU-50): Approximately $3,485
- Extra Fine (XF-40): Around $2,905
- Very Fine (VF-20): Approximately $1,950
- Fine (F-12): Around $1,750
- Very Good (VG-8): Approximately $1,400
- Good (G-4): Around $1,200
Market Trends and Auction Results
In recent years, the 1848-D Liberty Head Quarter Eagle has seen a consistent demand in the numismatic market. For example, in 2024, a Mint State 62 (MS-62) graded coin sold for about $10,350.
Prices fluctuate based on market conditions, availability, and collector interest, with rare high-grade examples commanding premium prices.
Key Factors Influencing Value
- Condition and Grade: Higher grades such as MS-62 or higher can dramatically increase the value.
- Historical Significance: As a coin from the Dahlonega Mint and minted during the Gold Rush, its historical importance adds to its value.
- Market Trends: Economic factors and collector interest can influence the price.
Collecting Tips
- Authentication: Ensure the coin is authenticated by a reputable grading service like PCGS or NGC to avoid counterfeits.
- Preservation: Proper storage and handling are crucial to maintain the coin’s condition and value.
- Research: Stay informed about market trends and auction results to make informed purchasing decisions.
Conclusion
The 1848-D Liberty Head Quarter Eagle is a captivating piece of American numismatic history. Its combination of rarity, historical significance, and intricate design makes it a prized possession for collectors.
Whether you’re looking to buy, sell, or simply learn more, understanding the nuances of this coin is essential to making informed decisions.
