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1848 Liberty Head Quarter Eagle - CAL.

Strike Type
1848 (P) Gold Quarter Eagle coin

Coin Details

Year
1848
Denomination
Gold Quarter Eagle
Mint Mark
P
Strike Type
Regular Strike
Series
Liberty Head Quarter Eagles 1840-1907
Designer
Christian Gobrecht
Mintage
1,389
Composition
90% Gold, 10% Copper
Weight
4.18g
Diameter
18mm
Edge
Reeded

Value Estimates

$54,660 - $188,082

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

$552,000 MS64 09-29-2022 Heritage Auctions

Description

The 1848 Liberty Head Quarter Eagle - CAL. is a Gold Quarter Eagle produced at the Philadelphia Mint as part of the Liberty Head Quarter Eagles 1840-1907 series. With a mintage of 1,389, this is an extremely rare issue — the lowest mintage among 4 mint variants, representing only 4% of total production. The obverse features Liberty facing left wearing a coronet inscribed LIBERTY 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 1848 CAL. countermark coins, struck from the first California Gold Rush bullion received at the Philadelphia Mint, are highly prized. Struck at the original U.S. Mint facility, in continuous operation since 1792. Estimated market value ranges from $55K to $188K depending on grade and condition. Struck in 90% gold, 10% copper, weighing 4.18 grams, 18 mm in diameter, with a reeded edge. Cataloged as PCGS #7749.

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