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1837 Capped Bust Quarter AU55 Condition

Currency:USD Category:Coins & Paper Money Start Price:1.00 USD Estimated At:1,200.00 - 3,000.00 USD
1837 Capped Bust Quarter AU55 Condition
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By order of the consignor, each of these type coins is to be sold open at only $1 at public Auction to the highest bidder. It is a wonderful type collection. Each of these coins came in by a consignor who was thrilled to hear that they might get a thousand or two more at public auction than our over the counter cash offer.

It’s all found money to them, and rare collectible type coins that have been put away for over a generation. So please enjoy!

Following a suspension of quarter coinage after 1807, the denomination was again produced in 1815, at which time the Capped Bust style was introduced. The motifs are similar to that found on other silver denominations of the period, first seen on the half dollar of 1807. Liberty faces left, wearing a cloth cap secured with a band inscribed LIBERTY, with tresses flowing to her shoulder. Her neckline is draped in cloth, secured by a brooch or a clasp at the shoulder. Seven stars are to the left, with six to the right. The date is below. The reverse shows an eagle perched on a branch and holding three arrows, a shield on its breast, and E PLURIBUS UNUM on a scroll above. UNITED STATES OF AMERICA and 25C. appear around the border.

The type collector has their choice of any date from 1831 to 1838, as all are priced approximately the same in the market, although certain dates, 1835 in particular, are more plentiful than others. Examples are readily found in grades from Very Good through Extremely Fine. AU and Uncirculated pieces, though more expensive, should pose no problem if one wishes to acquire one. Superb Uncirculated pieces, like all early 19th century issues, are rare and costly.

(UBB)