1893 Liberty Head $2.50 Gold Quarter Eagle Coin

1893 Liberty Head $2.50 quarter eagle gold coins are widely bought by numismatists and bullion collectors. The United States Mint struck 30,000 of these coins, which is a substantial quantity as compared to the much smaller output of this gold denomination during the 1880s and 1890s. Still, far fewer than 30,000 1893-dated $2.50 gold coins exist today, as most have been melted. While the remaining number of 1893 quarter eagles is unknown, what numismatists can say for certain is that but a tiny fraction are still in existence. This is the situation with most pre-1933 U.S. coins, which were smelted in huge numbers throughout the 20th century, particularly after the country abandoned the gold standard.

The value of 1893 Liberty Head $2.50 gold quarter eagles that grade Very Fine-20 is $564 , while uncirculated specimens sell for upwards of $550. 1893 quarter eagles were made with a standard “coin gold” composition of 90 percent gold and 10 percent copper and weigh 4.18 grams, boasting a total gold content of 0.1202 ounces. They also measure 18 millimeters in diameter, which makes them slightly wider than a modern U.S. dime. These gold coins are small, yet they are popular with those who invest in bullion coins.

1893 quarter eagle gold coins were designed by engraver Christian Gobrecht, who served as the U.S. Mint’s chief engraver from 1840 through 1844. He would gain acclaim for designing Seated Liberty silver coinage, which was produced from the late 1830s through 1891.