Quarter Eagle - The 1832
quarter eagle was made from a single die pair
using a new obverse with a new head punch, which continued
until 1834. The 1832 is the final quarter eagle struck at
the first United States Mint building in Philadelphia. In
January of 1833 the new building opened. The mintage figures
for 1832 show that 4,400 quarter eagles were made. Today about
130 coins survive, about 3% of the original mintage. Like
the previous dates in the series, these were not saved and
heavily melted for bullion.
quarter eagles were made in higher relief than
the 1829, 30, and 31 issues. Because of the higher relief,
the coins of this date are subjected to poorer strikes and
more rapid wear.
Proofs of this date are much rarer than those of the first
three years with only two or three known to exist.