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1873 Open 3

Gold Coins · Liberty Head Gold $2.5 Quarter Eagles (Coronet Head) · 1840–1907
Regular
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-5517

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About this coinHistory

The 1873 Open 3 quarter eagle is the later and more common of the two date logotypes employed at Philadelphia that year, introduced after Mint Director Henry Linderman ordered the original Closed 3 dies replaced because the numeral too closely resembled an 8. The recut Open 3 logotype, with clearly separated upper and lower curls, accounts for the majority of the combined umbrella mintage of 178,025 pieces and remains the more accessible of the variety pair for collectors building Liberty quarter eagle date or variety sets. Survivorship across all grades is reasonably broad, including a healthy supply of mid-grade circulated examples and a respectable population of higher graded coins.

Authentication begins with the date itself, where the open gap between the upper and lower curves of the 3 distinguishes the Open variety from its Closed counterpart. Under modest magnification, the separation should appear clean and natural rather than tooled or recut, with rim denticles near the date area showing no signs of disturbance that might indicate fraudulent variety conversion. Standard checks confirm the basic specifications: a calibrated scale reads 4.18 grams in 0.900 fine gold alloy, the planchet measures 18 millimeters across, and the reeded edge with coin alignment showing the reverse rotated 180 degrees from the obverse complete the baseline verification.

Among Liberty quarter eagle issues of the 1870s, the 1873 Open 3 functions as a regular date for collectors who do not pursue both varieties, while remaining a genuine collectible in its own right for those building variety-complete sets. Market availability is solid across circulated grades, with About Uncirculated and Mint State examples appearing regularly at auction at levels that reflect the broader accessibility of the variety. Third-party certification with attribution noted on the holder remains the safest path for any purchase above casual grade, particularly when the visual difference between the two 1873 logotypes can be subtle on worn examples. 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) $1,135 $1,200
Frequently Asked QuestionsFAQ
How much is a 1873 Open 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 Open 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 Open 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 Open 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 Open 3 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.