The 1847-D Liberty Head Quarter Eagle is a special coin that collectors cherish. It was made at the Dahlonega Mint in Georgia and is known for its unique features and history. This guide will help you understand its details, market trends, and why it’s so popular among coin collectors.
Overview of the 1847-D Liberty Head Quarter Eagle
The 1847-D Liberty Head Quarter Eagle is a gold coin worth two dollars and fifty cents. The Dahlonega Mint improved its coin-making process for this issue. While three different die pairs were sent to the mint, only one main variety is recognized by experts. A total of 15,784 coins were minted in this year, making it a notable part of U.S. coin history.
Key Features
One distinctive feature of this coin is a raised mark on Lady Liberty’s cheek, located near her nostril. Additionally, the numbers in the date “1847” show signs of being recut, especially noticeable on the “8.” As the die used to make these coins aged, this detail became less clear. There’s also a scratch between the second and third stars on the front side (obverse) of the coin. The reverse side has the “D” mintmark, which is positioned close to an arrow, and this die was used for other Dahlonega coins until 1859.
Market Data and Notable Sales
Surviving Population Estimates
According to David Akers, a gold coin expert, there are about 54 of these coins still known today. However, more recent reports from CAC, NGC, and PCGS show that there have been 349 grading events. This number includes resubmissions and crossovers, so the actual surviving population may vary.
Grading and Sales Records
The market for these coins is active, especially for those in Mint State condition. There are 44 reported grading events for coins in this condition. Recent auction records reveal that several coins have sold for impressive amounts, highlighting their desirability among collectors:
| Grade | Auction Sale | Price | Date | Notes |
|---|---|---|---|---|
| NGC MS65 | Heritage Auctions | $74,750 | April 7, 2006 | Finest known example with minor ticks. |
| PCGS MS64 | Heritage Auctions | $39,100 | January 7, 2004 | Part of “The DiBello Collection.” |
| PCGS MS62 | Heritage Auctions | $9,693.75 | February 2014 | Notable due to the deep diagonal hit. |
| NGC MS62+ CAC | Stack’s Bowers | $24,000 | November 1, 2022 | Only CAC-approved Mint State coin for the date. |
| PCGS MS63 | Heritage Auctions | $17,250 | January 11, 2003 | From the Ashland City Collection. |
Top Graded Coins
The best-known graded examples include:
- PCGS MS64: This coin has a fascinating history of ownership and has changed hands several times at auction.
- NGC MS65: Recognized as the finest example, it has a few minor ticks but remains highly sought after by collectors.
Specifications of the 1847-D Liberty Head Quarter Eagle
Understanding the specifications of this coin can help collectors appreciate its design and value. Here are the important details:
| Specification | Details |
|---|---|
| Country | United States of America |
| Year of Issue | 1847 |
| Denomination | Two Dollars and Fifty Cents (USD) |
| Mintmark | D (Dahlonega) |
| Mintage | 15,784 coins |
| Alloy | 90% Gold, 10% Copper |
| Weight | 4.18 grams |
| Diameter | 18.00 mm |
| Edge | Reeded |
| Designers | Christian Gobrecht |
Conclusion
The 1847-D Liberty Head Quarter Eagle is a fascinating piece of history and a key collectible in the world of numismatics. With its limited mintage and unique characteristics, it draws the attention of both novice and experienced collectors alike. Whether you are considering purchasing one for your collection or just want to learn more about it, understanding its features, market trends, and specifications is essential. The coin not only represents a monetary value but also a significant part of America’s rich history. As the market continues to evolve, this quarter eagle remains a highly valued piece for its historical importance and aesthetic appeal.
Frequently Asked Questions (FAQs)
1. What is the 1847-D Liberty Head Quarter Eagle?
The 1847-D Liberty Head Quarter Eagle is a gold coin worth two dollars and fifty cents, minted at the Dahlonega Mint in Georgia. It is notable for its limited mintage and unique features, making it highly sought after by collectors.
2. How many 1847-D Liberty Head Quarter Eagles were minted?
A total of 15,784 coins were minted in 1847 at the Dahlonega Mint. This limited production contributes to its value and desirability among collectors.
3. What are the key features of this coin?
Key features include a raised mark on Lady Liberty’s cheek, a recut date, and the “D” mintmark on the reverse side. The coin’s design is by Christian Gobrecht, and it has a reeded edge.
