1831 Capped Bust Quarter - Small Letters
Strike Type
Coin Details
Value Estimates
Values as of May 2026 — estimates reflect typical grades (G-4 through MS-63). Coins in lower or exceptional grades may fall outside this range.
Auction Record
$117,500 MS67+ 11-15-2013 Heritage Auctions
Description
Part of the Capped Bust Quarters 1815-1838 series, the 1831 Capped Bust Quarter - Small Letters is a quarter from the Philadelphia Mint. With a mintage of 398,000, this is a less common issue — the lower-mintage of the two mint variants. The obverse features Liberty facing left wearing a mob cap or turban and the reverse displays a heraldic eagle with shield on breast, olive branch and arrows in talons, with a banner reading E PLURIBUS UNUM. The reduced-size Capped Bust Quarter was introduced, with a smaller diameter and reeded edge replacing the earlier lettered-edge coins. Coined at the Philadelphia facility, the nation's original mint that has operated continuously since its 1792 founding. Estimated market value ranges from $135 to $5.6K depending on grade and condition. Struck in 89.2% silver, 10.8% copper, weighing 6.74 grams, 24.3 mm in diameter, with a reeded edge. Cataloged as PCGS #5348.
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