Could You Be Sitting on $3.4 Million? The Legendary 1808 Capped Bust Quarter Eagle – Check Your Coins!

By: Robin

On: Tuesday, April 22, 2025 6:56 AM

There are many rare and precious coins in the world, but the 1808 “Capped Bust Quarter Eagle” is one such coin that is not only rare, but recently it has sold for $3.4 million dollars (about Rs 28 crore). This is a historical and valuable American gold coin, seeing which many people have now started looking carefully at their old coins – do you also have such a valuable coin?

1808 Capped Bust Quarter Eagle – What is special about this coin?

This is a $2.50 gold American coin that was minted only in 1808. It was designed by famous designer John Reich. This coin has a picture of Lady Liberty on the front, which is a symbol of freedom. On the back is a picture of an eagle which is a symbol of America’s strength and peace – it has an arrow in its claws on one side and an olive branch on the other.

  • Special features of this coin
  • Information Description

Name of the coin 1808 Capped Bust Quarter Eagle

  • Price $2.50 (then)
  • Metal 91.67% gold and 8.33% copper
  • Total coins made only 2,710
  • Today only 125 to 150 coins left

Selling price in 2024 $3.4 million (in PCGS MS65 grade)

Why is this coin so expensive?

  • Very few were made – only 2,710 coins, which is a very small number.
  • Historical significance – This was John Reich’s first and only $2.50 design.
  • Very few left now – Most of the coins were either melted or lost. Only a few are left.
  • Record price – One coin sold for $3.4 million in the year 2024.
  • Condition matters – If the coin is well protected and in “Mint State”, then its value increases manifold.

You may also have a valuable coin – identify it like this:

Check the date and mint mark of the coin – Old coins (gold and silver before 1933) are more valuable.
Check the minting error – If the coin has any printing error such as double strike, then its value can increase significantly.
Check the condition of the coin – Coins which are in good condition have more value.
Check the value online – Find out the value of your coin on websites like NGC and PCGS.
Take advice from an expert – If you feel that your coin may be valuable, then contact an experienced numismatist or coin evaluation institute.

Conclusion:

The Capped Bust Quarter Eagle of 1808 is not just a coin, but a history. If you also have old coins, then look at them carefully – who knows you too may have a hidden treasure! This information is also very important for common people because sometimes we have something whose value we do not know.

FAQs

Q1. What is the 1808 Capped Bust Quarter Eagle?

A: The 1808 Capped Bust Quarter Eagle is a rare $2.50 gold coin minted in the United States. It’s one of the most legendary and sought-after coins among collectors due to its rarity and historic value.

Q2. Why is the 1808 Quarter Eagle so valuable?

A: Only 2,710 pieces were originally minted, and very few have survived in pristine condition. Its scarcity, gold content, and historical significance make it incredibly valuable—some have sold for over $3.4 million at auction.

Q3. How can I tell if I have an 1808 Capped Bust Quarter Eagle?

A: Check the year “1808” and the distinctive Capped Bust Liberty design on the front, along with an eagle on the reverse. However, authenticating the coin with a certified numismatist or grading service is highly recommended.

Q4. Where can I get my coin appraised?

A: You can visit reputable coin dealers, numismatic societies, or grading companies like PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation) for accurate appraisal and certification.

Q5. Is the coin made of real gold?

A: Yes, the 1808 Capped Bust Quarter Eagle is made of approximately 91.67% gold (22 karats), weighing about 4.37 grams.

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