Have a photo? Submit it and we'll credit you.

As an eBay Affiliate, Collector's Key may be compensated if you make a purchase through the link(s) above.

1873 Closed 3

Gold Coins · Liberty Head Gold $2.5 Quarter Eagles (Coronet Head) · 1840–1907
Semi-key
Weight4.18 g
Diameter18 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 178,025 Combined mintage for all 1873 Philadelphia varieties
EdgeReeded
Alignment↑↓ Coin
Composition90% Gold, 10% Copper
DesignerChristian Gobrecht
Collector's Key IDCK-5516

Collection

collectors own this
on want lists

Your collection

Sign in to track this coin.

About this coinHistory

The 1873 Closed 3 quarter eagle is the earlier of two distinct date logotypes used at Philadelphia that year, struck before Mint Director Henry Linderman complained that the original numeral resembled an 8 closely enough to invite confusion in commerce. Production from the Closed 3 dies was discontinued partway through the year and replaced with the recut Open 3 logotype, and while the combined umbrella mintage of 178,025 covers both varieties, the Closed 3 accounts for a clear minority of survivors. Most date-set collectors treat the two as separate collectible entities, and the Closed 3 commands a meaningful premium reflecting its genuine scarcity within the year.

Authentication centers on the date itself, where the curls of the 3 nearly meet to form a closed loop that reads almost as an 8 under casual examination. A loupe at moderate magnification reveals whether the upper and lower curves of the digit close tightly (the Closed 3 diagnostic) or maintain a clear gap (the later Open 3). Beyond the date variety, the standard authentication checks apply: a calibrated scale should register 4.18 grams in the 0.900 fine gold alloy, the planchet measures 18 millimeters across, and the reeded edge with coin alignment confirms basic specifications. Altered or tooled date areas should be ruled out through careful examination under raking light.

Collectors pursuing the variety pair within a comprehensive Liberty quarter eagle set face genuine difficulty locating problem-free Closed 3 examples in higher grades, since the variety circulated heavily during its limited production window before being supplanted by the Open 3 dies. Most market appearances fall in the Fine through Extremely Fine range, with About Uncirculated coins less common and Mint State pieces scarce enough to require patience and a willingness to pay accordingly when one surfaces. Third-party certification with the variety designation noted on the holder is essential for any meaningful purchase, since attribution by sight alone risks misidentification on worn examples where the date detail has softened. Buyers building variety-complete sets should also study high-resolution diagnostic images of certified Closed 3 examples to develop the eye for the subtle but consistent differences in numeral construction. See the full Liberty 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)
VF-20 Very Fine (VF) $630 $730
EF-40 Extremely Fine (EF) $645 $745
AU-50 About Uncirculated (AU) $665 $770
MS-60 Uncirculated (MS) $690 $795
MS-63 Choice Uncirculated (MS) $1,550 $1,645
Frequently Asked QuestionsFAQ
How much is a 1873 Closed 3 Liberty Head Gold $2.5 Quarter Eagle (Coronet Head) worth?
In Very Fine condition it runs about $630–$730, rising to roughly $690–$795 in Uncirculated. These are reference values, not an appraisal.
How many 1873 Closed 3 Liberty Head Gold $2.5 Quarter Eagles (Coronet Head) were minted?
178,025 were struck (Combined mintage for all 1873 Philadelphia varieties).
What is a 1873 Closed 3 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 1873 Closed 3 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 1873 Closed 3 Liberty Head Gold $2.5 Quarter Eagle (Coronet Head) a key date?
It's a semi-key date — scarcer than common issues but more available than the series' key dates.