1847 Liberty Head Quarter Eagle : Historey & Value

By Charles Morgan and Hubert Walker for CoinWeek Notes …..
 

Liberty Head Quarter Eagles have been struck in any respect 4 United States Mint services in 1847. The 1847-D Liberty Head Quarter Eagle carried the bottom mintage of the yr with simply 15,784 items, and on paper it appears just like the rarest of the 4 points, adopted by the 1847-C. The fact is considerably completely different. Whereas the Dahlonega and Charlotte strikes are certainly scarce (particularly in Mint State), the 1847 Liberty Head Quarter Eagle struck on the Philadelphia Mint is scarcer. Presumably 150 or extra survive in grades above Additional Positive. In our opinion, that is an undervalued date.

Some 1847 Liberty Head Quarter Eagles have the “18” of the date repunched. This selection was first reported in a 1951 New Netherlands public sale. For this selection, the bottom of the 1 is probably the most visibly doubled and touches the denticles.

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Market Information and Noteworthy Specimens

Assembling this group of noteworthy specimens was a difficult endeavor. A number of cash have crossed and upgraded through the years, and the standard of early 2000s digital imaging isn’t at all times as excessive as one would really like. Polluting the PCGS census is an MS62 coin that has not been faraway from their knowledge set. Others probably exist, provided that specialist sellers seemingly commerce this date privately.

Prime Inhabitants: PCGS MS64 (1, 11/2024), NGC MS63 (3, 11/2024), and CAC MS64 (1:0 stickered:graded, 11/2024).

• PCGS MS63 CAC #25205024: As PCGS MS62 #05912247. Heritage Auctions, December 18, 2007, Lot 11948 – $5,175; Heritage Auctions, September 28, 2007, Lot 3211 – $4,887.50. As PCGS MS62 #11522951. Heritage Auctions, June 27, 2008, Lot 1820 – $4,743.75; Heritage Auctions, April 30, 2010, Lot 3452 – $4,600. CAC added; Heritage Auctions, January 6, 2012, Lot 6112 – $4,600. As PCGS MS63 CAC #25205024. Heritage Auctions, June 15, 2018, Lot 5023 – $14,493.60. Upgraded by one level. Deep minimize above eye. Lengthy vertical minimize to the left of ear. Curved minimize between stars 2 and three. Horizontal minimize from tip of star 1 to neck. On the reverse, there’s a curved minimize from the house under U to the highest of the denomination. Carbon spot above E of UNITED. Earlier 05912247 cert. quantity was not been faraway from the PCGS census.
• PCGS MS62+ #42163206: As ICG MS63. Stack’s, September 13, 2003, Lot 447 – $4,140; Stack’s Bowers, March 26, 2021, Lot 5672 – $3,840; As PCGS MS62+ #42163206. PCGS consumer OldGoldIsMoney. Imaged on PCGS CoinFacts. Regraded by PCGS, the place the coin downgraded by one-half level. Stain between 4 and seven. Stain between bust truncation and star 13. Darkish spot to the appropriate of star 5. Mild hit on the bridge of Liberty’s nostril. On the reverse, there’s a copper spot above the department. Eagle’s proper leg weak. Die crack from rim to O of OF.
• PCGS MS62+ CAC #33783818: “The R.L. Miles Assortment,” Stack’s, October 1968, Lot 137. As PCGS MS62 #3459315. “The Harry W. Bass, Jr. Assortment,” Bowers and Merena, October 1999, Lot 395 – $7,475. HW Bass Jr Coll on insert; Heritage Auctions, July 29, 2002, Lot 8950 – $3,565. As NGC MS62. “The Charleston Assortment,” American Numismatic Rarities, September 18, 2005, Lot 1101 – $6,900. As PCGS MS62+ CAC #33783818. “The Early Aurum Assortment,” Heritage Auctions, Might 5, 2023, Lot 5032 – $6,300. Upgraded by one-half level. Repunched 18. Lustrous, nearly PL surfaces. Cameo gadgets. Scruffy space below OF. Die crack via fraction.
• NGC M62 #3839169-002: Heritage Auctions, April 24, 2015, Lot 6072 – $3,525; Heritage Auctions, April 2015, Lot 6072; Heritage Auctions, September 13, 2024, Lot 3531 – $4,320. Gouge between stars 5 and 6. Lintmark between star 1 and 1 of the date. On the reverse, there’s a die crack to O of OF. Planchet lamination below TA of STATES.
• PCGS MS62 #05912247: Heritage Auctions, December 18, 2007, Lot 11948 – $5,175; Heritage Auctions, September 28, 2007, Lot 3211 – $4,887.50.
• NGC MS62 #1784519-001: Heritage Auctions, January 14, 2005, Lot 8553 – $4,312.50. Minimize between 7 and star 13. Darkish copper spot on the eagle’s proper talon.
• NGC MS62: Numismatic Gallery to John Jay Pittman, 1949 – $16. As “Nearly Uncirculated.” “John Jay Pittman Assortment,” David Akers, Might 1998, Lot 1755; As NGC MS62. Stack’s, September 13, 2003, Lot 448 – $3,680. Gouge on Liberty’s jaw. Curved lintmark to the appropriate of star 3. Scattered chuff within the discipline to the left of stars 12 and 13. Stain on eagle’s left wing. Die crack to O of OF.

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1847 Liberty Head Quarter Eagle Coin Specs

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