1819/8 1C, BN (Proof)
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The 1819/8 Capped Bust Quarter (Proof) is a highly sought-after collectible in the numismatic community due to its rarity and historical significance. Minted in the early years of the United States Mint, specifically at the Philadelphia Mint, this coin represents a remarkable example of early American coinage. The "overdate" variety, 1819/8, signifies that the die originally engraved with the year 1818 was repurposed by carving a "19" over the existing "18," reflecting the resourcefulness of mint engravers at the time.
The PCGS Coin Facts number for this particular coin is 81768. According to their records, the mintage for the 1819 Capped Bust Quarter is estimated in the range of 144,000 for circulation strikes, yet the Proof specimens are incredibly scarce, with only a handful known to exist. These Proofs were likely struck for collectors or as presentation pieces, hence their rarity in today’s market.
Finding an 1819/8 Proof Capped Bust Quarter is extremely rare, and such coins typically command high prices at auction due to their scarcity. For example, sales figures have indicated that these coins can fetch anywhere from tens of thousands of dollars to over a hundred thousand dollars depending on the condition and specific characteristics of the coin.
Collectors and numismatists place significant value on the coin's historical context. The early 19th century was a period of significant growth and change in the United States, reflected in the nation’s coinage. The Capped Bust design by John Reich is noted for its rugged, classic appearance, embodying the era’s aesthetic sensibilities. This design remained in production from 1815 to 1838, with various modifications along the years, but the overdate error adds unique intrigue to this particular issue.
The appeal of the 1819/8 Capped Bust Quarter (Proof) lies not only in its rarity but also in its condition. Coins in Mint State with sharp details, original luster, and minimal handling marks are exceedingly prized. Collectors also appreciate the rich patina that develops over time on silver pieces, which can enhance their visual appeal and historical charm.
Enthusiasts searching for this coin should carefully inspect the obverse and reverse for striking quality, as well as authentication marks synonymous with Proof variants. Investing in a certified coin from a reputable grading service such as PCGS can provide additional peace of mind.
As a cornerstone of any advanced collection of early American coinage, the 1819/8 Capped Bust Quarter (Proof) continues to captivate collectors with its story, rarity, and the glimpse it offers into the numismatic practices of the early 19th century. This coin, a tangible piece of history, stands as a testament to the evolving landscape of U.S. minting and the enduring allure of numismatics.
