When collectors think of rare coins most don’t give much thought to the US Quarter Eagle Gold Liberty coins. As it turns out this would be a mistake and could become a huge mistake.
The US Mints issued $2.50 U.S. gold Liberty Head coins from 1840 until 1907 with some high mintage figures for certain dates and mints. Of course there’s many low mintages years and mints, and it seems there’s still an abundance of the Liberty Quarter Eagle on the market, but this is a misnomer. There’s an abundance available but only the most common dates and mints.
In modern times, mintage figures tend to not mean as much, pertaining to value, as they once did. As time goes by, and more and more examples are traded, graded, a certain numeric figure is being better calculated, and that’s the survival amount of each date and mint.
We know now, more than ever, that mintages are just a number that’s in the US Mint reports for each year and mint. In addition, gold coins were recalled in 1933, and many where melted over the years, while others were lost to antiquity or still remain buried from a past hoarder. So now we must learn their survival rates and PCGS, among others, are reporting some surprising results, and the Liberty Quarter Eagle stands out as one example.
Here’s the dates with low survival rates as reported by PCGS: 1840 (about 100 known), 1840-D (under 100 known), 1841 (12-13 known), 1842 (50-60 known), 1842-D (under 100 known), 1843-C (70-80 known), 1844 (under 100 known), 1845-O (80-100 known), 1853-D (under 100 known), 1854-D (70-90 known), 1854-S (11-12 known), 1855-D (50-60 known), 1856-D (45-55 known) and those are just half of the dates and mints, for more visit this page PCGS…
i just inherited a pretty substantial collection of gold coins. if i wanted to liquidate them, how do i find the best places to do it and how do i avoid the scams? the post above is great and makes it sound like there might be some other great opportunities out there so im not sure how long i want to hold onto these older coins.
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