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1839

Gold Coins · Classic Head Gold $2.5 Quarter Eagles · 1834–1839
Key date
Weight4.18 g
Diameter18.2 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 27,021
EdgeReeded
Alignment↑↓ Coin
Composition90% Gold, 10% Copper
DesignerWilliam Kneass
Collector's Key IDCK-5376

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About this coinHistory

The 1839 closes the Classic Head quarter eagle series at Philadelphia and does so with the lowest Philadelphia mintage of the entire six-year run. Just 27,021 pieces left the press, well under the 45,080 of 1837 and the 47,030 of 1838, and a fraction of the 547,986 struck during the 1836 peak. Bullion supply still had not recovered from the Panic of 1837, and Mint records show gold deposits running thin through the entire calendar year. The branch mints absorbed what additional capacity Congress had authorized, with Charlotte striking the 1839-C and Dahlonega producing its first quarter eagle as the 1839-D, leaving Philadelphia with the smallest Classic Head $2.5 output in its own production history. By the close of 1839, Mint engraver Christian Gobrecht had completed the Coronet Liberty Head dies that would replace William Kneass's portrait beginning with the 1840 issues, ending the series after six years.

Authenticating an 1839 starts with the post-1837 specifications. A genuine piece weighs exactly 4.18 grams on a calibrated scale, runs 0.900 fine gold with the balance copper, and shows the fine vertical reeding applied during planchet upset, while the reverse omits the E PLURIBUS UNUM motto carried on the older Capped Bust pieces. The greater authentication risk on this date is date alteration. Because 1837, 1838, and 1839 all share identical specifications and an identical obverse hub, counterfeiters have historically taken a common 1838 host and re-engraved or tooled the final digit to manufacture the scarcer 1839, so any candidate piece deserves close magnification on the date numerals for chasing marks, broken serifs, or a digit that sits at a different depth or alignment than its neighbors. Cast counterfeits are a secondary concern and betray themselves through grainy fields and a soft rim where metal failed to flow into the collar.

For collectors today the 1839 is the scarcest Philadelphia date of the Classic Head quarter eagle series and a strong Key candidate, with surviving population estimated in the low hundreds across all grades. Circulated examples in Very Fine and Extremely Fine surface a few times a year through major dealers, About Uncirculated pieces command real premiums, and Mint State survivors with original luster are genuinely rare. See the full Classic Head Quarter Eagle series history.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
G-4 Good (G)
VG-8 Very Good (VG)
F-12 Fine (F) $710 $820
VF-20 Very Fine (VF) $1,005 $1,160
EF-40 Extremely Fine (EF) $1,520 $1,750
AU-50 About Uncirculated (AU) $2,560 $2,950
MS-60 Uncirculated (MS) $7,660 $8,840
MS-63 Choice Uncirculated (MS)
Frequently Asked QuestionsFAQ
How much is a 1839 Classic Head Gold $2.5 Quarter Eagle worth?
In Fine condition it runs about $710–$820, rising to roughly $7,660–$8,840 in Uncirculated. These are reference values, not an appraisal.
How many 1839 Classic Head Gold $2.5 Quarter Eagles were minted?
27,021 were struck.
What is a 1839 Classic Head Gold $2.5 Quarter Eagle made of?
90% Gold, 10% Copper, weighing 4.18 g.
What is the melt value of a 1839 Classic Head Gold $2.5 Quarter Eagle?
Its melt value is its metal content multiplied by the current spot price. See our melt calculator on the metals pages for a live figure.
Is the 1839 Classic Head Gold $2.5 Quarter Eagle a key date?
Yes — the 1839 Classic Head Gold $2.5 Quarter Eagle is considered a key date in the Classic Head Gold $2.5 Quarter Eagles series and commands a strong premium.