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Quarter Eagles

1839 $2.50 NGC MS60
Please call: 1-941-291-2156
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1839 $2.50
NGC MS60
Coin ID: RC3723001
Inquire Price: 8,650.00 - SOLD - 9/08/2014*
Free Shipping and Insurance for coins at $10K or above.

1839 Quarter Eagle - 1839 $2.50 NGC MS60. This Mint State, Classic Head 1839 Quarter Eagle is tied for the third finest known at both NGC and PCGS. The coin is a mixture of yellow and greenish gold with glowing mint luster within its devices. The presence of these colors and luster confirms the coins originality. The surfaces are clean for the grade with no notable abrasion marks or other distractions. The strike is above average with full details on Libertys highest hair curls, the centers of most of the stars, and the reverse rims. The dentils are well struck on both sides of the coin. 

The Classic Head quarter eagle was minted from 1834 to 1839. Designed by William Kneass, it shows a head of Liberty in profile facing left. She wears a LIBERTY inscribed headband that reveals the curly hair on top of her head, which also flows down her neck. She is surrounded by thirteen six-pointed stars, and the date is below. Dentils are around the periphery of the coin. The reverse shows a heraldic eagle with its head facing left. In its talons are olive branch and arrows, symbols of peace and preparedness. UNITED STATES OF AMERICA is in an arc around the eagle, interrupted by the wing tips. The denomination, written as 2 D., is below.

Because the gold coinage in circulation was being melted for its bullion value, Mint Director Samuel Moore ordered William Kneass to design quarter and half eagles with lower weight and fineness. He also told Kneass to omit the motto E PLURIBUS UNUM on the new Classic Head coins so they would be easily identified as being made with less gold content. This action prevented the older gold coins from being exported, and the public was thus induced to bring them into the Mint for recoinage.

The Classic Head motif chosen by Kneass is a copy of John Reichs Large Cent design of 1808-1814 and the half cents of 1825-1836. The eagle design is also similar to an earlier Reich eagle designed for gold coins.

William Kneass was born in Lancaster, Pennsylvania. He was a field engineer in the War of 1812 and helped fortify the city of Philadelphia. He was an engraver of plates for books and had his business on Chestnut Street in Philadelphia. In addition to line engraving he also made intaglio prints. He worked in two firms, Kneass & Delaker and Young & Kneass & Co. At the Mint, Kneass was known as a popular and useful Engraver, who worked well and quickly to furnish all the dies that were needed for coinage during his time of office. He was remembered as, a warm gentleman of the old-school, who had the rare quality of engaging and winning the esteem and affection of children and youth. Kneass suffered a stroke in August, 1835. From then until his death, Assistant Engraver Christian Gobrecht did the pattern and die work at the Mint. He was succeeded by Gobrecht as Chief Engraver on December 21, 1840. 

The 1839 quarter eagle is considered a sleeper for the series. Fewer examples have been graded than of any other date. In its population report, NGC shows 2 1839 quarter eagles certified at the MS60 grade level.


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