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Capped Bust $2.5 Quarter Eagle (1808–1834): A Rare Gem in American Gold Coinage
The Capped Bust $2.5 Quarter Eagle, minted between 1808 and 1834, is a prized collectible with a rich history. Designed by John Reich, this series showcases some of the lowest mintages and rarest coins in U.S. gold coin history. Its unique designs and limited production make it a must-have for serious numismatists and investors.
Key Specifications
- Designer: John Reich
- Issue Dates: 1808; 1821–1834
- Composition: 91.67% gold, 8.33% copper
- Diameter: 20 mm (1808), 18.5 mm (1821–1827), 18.2 mm (1829–1834)
- Weight: 4.37 grams (67.43 grains)
- Edge: Reeded
Historical Overview
The Capped Bust Quarter Eagle debuted in 1808, with a single-year issue design. After a hiatus from 1809 to 1820, production resumed in 1821, continuing through 1834 with a slightly modified design and reduced diameter. The series is known for its low mintages, historical significance, and aesthetic appeal, making it one of the most sought-after U.S. gold coin types.
Design Highlights
Type 1: 1808 Design
- Mintage: 2,710 pieces
- Obverse: Miss Liberty faces left, wearing a loose cap with LIBERTY inscribed on a band. Seven stars appear to the left, six to the right, with the date below.
- Reverse: A perched eagle holding an olive branch and arrows, with E PLURIBUS UNUM above and the denomination "2½ D" stated for the first time on a U.S. coin.
- Rarity: Fewer than 50 examples are believed to survive, most in grades from Very Fine to Extremely Fine. Uncirculated coins are exceedingly rare, with only a handful known.
- Collector Appeal: As a single-year type, the 1808 Capped Bust Quarter Eagle is highly coveted, with demand driving prices well into six figures for quality examples.
Type 2: 1821–1834 Design
- Mintage: 42,065 across all years
- Obverse: A smaller portrait of Miss Liberty encircled by stars, with a reduced diameter of 18.5 mm (later 18.2 mm).
- Reverse: Similar to the 1808 design, with minor adjustments for the smaller size.
- Rarity: All dates are rare due to low mintages and melting during the 1830s. The 1826 issue, with an estimated mintage of just 760 pieces, is particularly scarce.
- Collector Appeal: While more widely available than the 1808 design, these coins remain rare. Most are found in grades from Very Fine to AU, with occasional Uncirculated and prooflike examples surfacing at auction.
Why Collect Capped Bust Quarter Eagles?
- Rarity and Exclusivity: With low survival rates, this series is a cornerstone for advanced U.S. gold collections.
- Historical Significance: These coins reflect America's early monetary policies and the artistry of John Reich.
- Investment Potential: Their rarity and collector demand ensure long-term value and growth.
- Type Set Essential: As both designs are unique, they are indispensable for completing a comprehensive U.S. gold type set.
Explore Capped Bust $2.5 Coins at ParadimeCoins.com
At ParadimeCoins.com, we specialize in offering rare and historic coins like the Capped Bust Quarter Eagles. Whether you're seeking the iconic 1808 single-year type or a rarer 1821–1834 date, our expertly curated inventory ensures exceptional quality and authenticity. Begin your journey into the world of early U.S. gold coinage today!
