1831 Proof Capped Bust Quarter - Large Letters

Coin Details

Auction Record

$144,000 PR66 10-10-2021 Heritage Auctions

Description

The 1831 Proof Capped Bust Quarter - Large Letters is a proof quarter struck at the Philadelphia Mint, part of the Capped Bust Quarters 1815-1838 series. With a mintage of 20, this is an extremely rare issue — the lowest mintage among 4 mint variants, representing only less than 1% of total production. 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. As a proof issue, this coin was struck multiple times on specially prepared polished planchets using polished dies, producing mirror-like fields and frosted design elements prized by collectors. Struck at the original U.S. Mint facility, in continuous operation since 1792. Auction record: $144,000 PR66 10-10-2021 Heritage Auctions. Struck in 90% silver, 10% copper, weighing 6.74 grams, 24.3 mm in diameter, with a reeded edge. Cataloged as PCGS #5378.