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1882 Proof

Gold Coins · Liberty Head Gold $2.5 Quarter Eagles (Coronet Head) · 1840–1907
Regular Proof
Weight4.18 g
Diameter18 mm
MintPhiladelphia
StrikeProof
EdgeReeded
Alignment↑↓ Coin
Composition90% Gold, 10% Copper
DesignerChristian Gobrecht
Collector's Key IDCK-5540

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About this coinHistory

Roughly 67 brilliant proof Liberty Head Quarter Eagles were delivered at Philadelphia in 1882, a modest uptick from the previous year's 51-piece run but still a small-batch issue produced primarily to satisfy the standing proof set subscription list, the small group of contemporary specialist collectors, and a handful of overseas museums. Treasury Coiner records preserved in the Mint Annual Report indicate the run was completed in a single early-year striking session, with dies polished specifically for the proof delivery rather than borrowed from any business strike production. The 1882 fits squarely within the 1881 to 1886 low-mintage proof window during which Quarter Eagle specimen production averaged below 100 pieces per year, reflecting the denomination's effective demotion to documentary status while gold flowed into double eagles for international settlement. Census work drawn from PCGS and NGC population reports, cross-referenced against named-cabinet appearances at Heritage and Stack's Bowers, places the surviving population at approximately 45 to 55 examples across all grades.

Authentication of the 1882 proof depends on the same three-step framework that governs the entire 1880s Liberty Head Quarter Eagle proof series. First, the mirror fields must extend cleanly and continuously to the rim with the deep, watery reflectivity of a genuine brilliant strike, framing Liberty's portrait and the heraldic eagle without fading toward the periphery and accompanied by squared rims and crisp denticulation around the full circumference. Second, the weight must fall within strict tolerance of the 4.18-gram standard for the 0.900 fine alloy, with specific gravity testing available as non-destructive confirmation of the gold composition; plated and electrotype forgeries are documented for adjacent proof dates and must be ruled out for any unholdered offering. Third, pedigree functions as a primary authentication layer because the small surviving population is heavily concentrated in named cabinets and major auction archives, and an unprovenanced example warrants both physical re-examination and PCGS or NGC certification before serious consideration.

For Liberty Head Quarter Eagle proof date set specialists, the 1882 sits in the middle of the 1881 to 1886 difficulty band and tends to appear at public sale slightly more often than the 1881 but considerably less often than the proofs of the 1890s. 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
What is a 1882 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 1882 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 1882 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.