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1879 Proof Liberty Head Gold $2.5 Quarter Eagle (Coronet Head)

Gold Coins · Liberty Head Gold $2.5 Quarter Eagles (Coronet Head) · 1840–1907
Weight 4.18 grams
Diameter 18 mm
Mint Philadelphia
Mintage 30
Edge Reeded
Alignment ↑↓ Coin
Composition 90% Gold, 10% Copper
Melt Value $564.88 (spot as of )
Designer Christian Gobrecht
Collector's Key IDCK-5534
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About this coinHistory

The 1879 proof Liberty Head quarter eagle was struck at Philadelphia with a delivery of approximately thirty brilliant proofs, a modest increase over the very low deliveries of the preceding years that reflected a small uptick in subscription demand during the post-resumption recovery. Combined major-service census data places the extant total at twenty to twenty-five examples across all grades. The contemporary business strike of 88,990 pieces was substantial by the recent standards of the series, but the proof market remained the province of a small core group of advanced collectors. Walter Breen and Akers both treat the 1879 proof as a meaningful test for any date set assembler, less rare than the 1875 or 1878 deliveries but still scarce enough to require patience when examples reach public auction.

Authentication of the 1879 proof rests on surface diagnostics that distinguish the genuine brilliant proof format from impaired business strikes that have been polished to imitate proof reflectivity. The mirror fields must display the deep, watery reflectivity characteristic of multiple-impression proof striking, extending cleanly to fully squared inner rims and crisp denticulation around the full circumference with no peripheral softness or break in mirror character at the legend or date. Controlled die-polish lines should be visible under raking light through the open obverse field, and lightly frosted devices typically contrast against the mirror background on original-finish examples. The weight must hold to the 4.18-gram standard in 0.900 fine alloy, with eighteen-millimeter diameter, reeded edge, and specific gravity near 17.2 confirming gold content. Pedigree functions as the practical authentication backstop because the surviving population is concentrated in traceable cabinet chains, and any unprovenanced candidate should be matched against the photographic record of major auction offerings. PCGS or NGC encapsulation is the working baseline.

Combined PCGS and NGC population reports for the 1879 proof tally in the low to mid twenties of total certification events, with finest-known examples grading PR65 Cameo or higher. Recent mid-grade PR63 to PR64 appearances at major auction have realized strong five-figure results, with gem and Cameo examples reaching low six-figure prices when fresh material with named-collection pedigree crosses the block. The date is a meaningful target within Liberty Head proof quarter eagle date set assembly. See the full Liberty Head Quarter Eagle series history.

Price GuideTypical retail prices for problem-free examples.
Educational
GradeDescriptionTypical Price
PR-63 Proof (PR)

This table is for educational purposes only and is intended to illustrate general market price trends and pricing steps between grades. Actual market conditions may vary significantly, especially for rarer pieces that often command premiums above the ranges shown here.

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