The 1808 Capped Bust Gold $2.50 Quarter Eagle is a notable and collectible coin in American numismatics. Here are some key points about this coin:
Design: The Capped Bust design was created by noted early 19th-century engraver John Reich. On the obverse (front) of the coin, Liberty is depicted wearing a Phrygian cap, symbolizing freedom, with the word "LIBERTY" inscribed on a band across the cap.
The reverse (back) features a heraldic eagle with outstretched wings, holding arrows and an olive branch, surrounded by a laurel wreath. The denomination "2 1/2 D." is displayed below the eagle.
Composition: The 1808 Capped Bust Gold Quarter Eagle is composed of 91.67% gold and 8.33% copper, with a diameter of approximately 18 millimeters. It has a reeded edge.
Mintage: The mintage for the 1808 Capped Bust Gold Quarter Eagle is relatively low compared to later issues of the denomination. However, precise mintage figures for individual years can be difficult to determine due to recordkeeping practices of the time.
Historical Context: The early 19th century was a period of transition and growth for the United States, both politically and economically. Gold coins like the Quarter Eagle played a crucial role in facilitating commerce and trade during this era.
Collector Value: The 1808 Capped Bust Gold Quarter Eagle is highly sought after by collectors due to its historical significance, low mintage, and scarcity. Well-preserved specimens in higher grades command significant premiums in the numismatic market.
Condition and Rarity: As with any coin, the value of the 1808 Capped Bust Gold Quarter Eagle is influenced by factors such as its condition (grade), rarity, and overall market demand. Examples in mint state (uncirculated) condition are particularly desirable among collectors.
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