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1856 Proof

Gold Coins · Liberty Head Gold $2.5 Quarter Eagles (Coronet Head) · 1840–1907
Regular Proof
Weight4.18 g
Diameter18 mm
MintPhiladelphia
StrikeProof
Mintage 384,240
EdgeReeded
Alignment↑↓ Coin
Composition90% Gold, 10% Copper
DesignerChristian Gobrecht
Collector's Key IDCK-5454

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About this coinHistory

The 1856 proof quarter eagle belongs to the final years before the Philadelphia Mint began offering gold proofs through a more formalized order system in 1858. In 1856, the same informal arrangement that had governed proof gold throughout the 1840s remained in place. Mint officers struck a handful of brilliant proof examples on demand for visiting dignitaries, the United States Mint Cabinet collection, and the small circle of numismatists who could place a standing request. No published sale list existed, and no Mint ledger preserves the exact 1856 proof figure. Census work by John Dannreuther and David Akers places surviving examples at roughly ten to twenty pieces across all grades. The 384,240 mintage shown on this page reflects the 1856 Philadelphia circulation strike production, driven by ongoing California gold flow into the eastern refineries, and bears no relationship to proof output.

Authentication of an 1856 proof quarter eagle starts with the surfaces and confirms through pedigree. Genuine pieces show fully mirrored fields with razor-sharp design transitions where the device meets the field, the result of polished dies meeting polished planchets under heavy press tonnage. Rims are squared and crisp where circulation strikes appear rounded from a single hammer blow, and the stars should appear fully struck with sharp central points rather than the softened relief seen on prooflike business pieces. Weight should sit at 4.18 grams in 90 percent gold, and the 18 millimeter diameter should measure cleanly with no filing or rim repair. Because the surviving population is so small and most examples have been documented through major auction archives, photographic plate matching against prior sales is essential. Die markers, edge characteristics, and toning patterns documented in earlier appearances should align with any candidate before any meaningful sum changes hands. Third-party certification is mandatory at this rarity tier.

Modern auction appearances for an 1856 proof quarter eagle arrive years apart, and bidding draws specialists in early proof gold rather than general series collectors. The coin functions as a museum-tier rarity rather than a date one assembles into a routine set, with six-figure results the standard for any preserved grade. Cameo and Deep Cameo designations command sharp premiums when they appear. See the full Liberty Head Quarter Eagle series history.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
PR-63 Proof (PR)
Frequently Asked QuestionsFAQ
How many 1856 Proof Liberty Head Gold $2.5 Quarter Eagles (Coronet Head) were minted?
384,240 were struck.
What is a 1856 Proof Liberty Head Gold $2.5 Quarter Eagle (Coronet Head) made of?
90% Gold, 10% Copper, weighing 4.18 g.
What is the melt value of a 1856 Proof Liberty Head Gold $2.5 Quarter Eagle (Coronet Head)?
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 1856 Proof Liberty Head Gold $2.5 Quarter Eagle (Coronet Head) a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.