1846 $2.50 (1848 Quarter Eagle) NGC AU58 CAC. This well struck 1846 Quarter Eagle has much remaining mint luster. The strike is so strong that it is worthy of a proof coin. The grade of AU58 is confirmed by CAC and indicates that the piece is of premium quality. The coronet above the L in LIBERTY is full and the lines of the hair show sufficient separation to warrant the grade. Although not mentioned on the NGC insert, the 4 and 6 show evidence of repunching, which add interest and value to the coin.

Christian Gobrecht designed the Liberty Head Quarter Eagle. It was minted from 1840 to 1907, the longest span of any coinage series without any major design modification. In that period of time 11,921,171 Liberty Head Quarter Eagles were minted.

Gobrecht used the coronet motif for his design. It shows a profile of Liberty facing left. Her hair is tied in the back with beads as two curls flow down her neck. On the coronet the word LIBERTY is inscribed. She is surrounded by thirteen six-pointed stars and the date, which is below the truncation. At the periphery are dentils on both sides of the coin. The reverse shows a heraldic eagle with wings outstretched looking to the left. In its talons it holds the olive branch and arrows, symbols of peace and preparedness. The inscription UNITED STATES OF AMERICA is in an arc around the eagle, interrupted by the wing tips. The denomination written as 2 D. is below, separated from the inscription by dots.

In its population report, CAC shows 6 confirmed in AU58 condition with 3 better.