The 1847-D Liberty Head Quarter Eagle is a fascinating and rare gold coin, making it a valuable piece for coin collectors. Minted at the historic Dahlonega Mint, it holds significant historical importance and has unique features that set it apart. This guide will provide insights into its characteristics, value, and why it’s a must-have for collectors of American gold coins.
Unique Features of the 1847-D Liberty Head Quarter Eagle
The 1847-D Liberty Head Quarter Eagle is known for its distinctive obverse and reverse design elements. Created by Christian Gobrecht, it represents a crucial time in U.S. gold coinage, with only 15,784 of these coins minted. The small mintage and historical background of the Dahlonega Mint contribute to the coin’s rarity and desirability among numismatists.
Obverse Characteristics
- Raised Curved Mark: A small curved mark can be seen on Lady Liberty’s cheek, close to her nostril, making this a unique feature for this coin.
- Recut Date: The numbers “847” in the year were recut during production. Over time, the recutting becomes less visible, adding to the uniqueness.
- Die Scratch: A scratch extends from star two to star three on the obverse side, offering collectors another distinguishing detail.
Reverse Characteristics
- Mintmark Position: The “D” mintmark, representing the Dahlonega Mint, touches the branch and overlaps with the arrow fletching, making it an easily identifiable feature.
- Die Usage: This particular reverse die was used for striking Dahlonega Liberty Head Quarter Eagles until 1859, increasing its historical significance.
Market Data and Noteworthy Specimens
The market value of the 1847-D Liberty Head Quarter Eagle depends on its condition and grade. While David Akers initially estimated the surviving population at around 54, more recent reports from CAC, NGC, and PCGS suggest 349 grading events, with several coins being graded in Mint State.
Grading Events Breakdown:
- MS 62: 28 grading events
- MS 63: 34 grading events
- MS 64: 12 grading events
- MS 65: 20 grading events
Noteworthy Specimens
Some of the most notable sales of this coin have taken place at auction houses like Heritage Auctions and Stack’s Bowers, where high-quality coins fetched impressive prices:
- NGC MS 65: Sold for $74,750 in April 2006 at Heritage Auctions.
- PCGS MS 64: Sold for $34,500 in October 1999 at Stack’s “The DiBello Collection.”
- NGC MS 62+ CAC: Sold for $24,000 in November 2022 at Stack’s Bowers.
Specifications of the 1847-D Liberty Head Quarter Eagle
| Specification | Detail |
|---|---|
| Country | United States of America |
| Year of Issue | 1847 |
| Denomination | Two Dollars and Fifty Cents |
| Mintmark | D (Dahlonega) |
| Mintage | 15,784 |
| Alloy | .900 Gold, .100 Copper |
| Weight | 4.18 grams |
| Diameter | 18.00 mm |
| Edge | Reeded |
| Obverse Designer | Christian Gobrecht |
| Reverse Designer | Christian Gobrecht |
| Quality | Business Strike |
The 1847-D Liberty Head Quarter Eagle is a remarkable coin that remains highly sought after by collectors due to its rarity and historical significance. With its distinctive features and limited mintage, this coin stands as an essential piece of American numismatic history. Whether you’re an experienced collector or just starting, understanding the unique aspects of this coin can enhance your appreciation of gold coin collecting.
What makes the 1847-D Liberty Head Quarter Eagle valuable?
The coin’s rarity, historical background, and distinctive design features make it valuable to collectors.
It was minted at the Dahlonega Mint, which is known for producing gold coins in the 19th century.
It was minted at the Dahlonega Mint, which is known for producing gold coins in the 19th century.
What is the value of the 1847-D Liberty Head Quarter Eagle today?
The value varies based on the coin’s condition and grade, ranging from thousands to over $70,000.
How many 1847-D Liberty Head Quarter Eagles were minted?
Only 15,784 coins were minted, making it a rare piece in American numismatics.
Who designed the 1847-D Liberty Head Quarter Eagle?
The coin was designed by Christian Gobrecht, a prominent U.S. Mint engraver.