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1884

Gold Coins · Liberty Head Gold $2.5 Quarter Eagles (Coronet Head) · 1840–1907
Semi-key
Weight4.18 g
Diameter18 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 2,023
EdgeReeded
Alignment↑↓ Coin
Composition90% Gold, 10% Copper
DesignerChristian Gobrecht
Collector's Key IDCK-5544

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About this coinHistory

Production of the 1884 Quarter Eagle at Philadelphia reached only 2,023 pieces, a figure essentially unchanged from the 2,002-coin run of the prior year and another data point in the early-1880s pattern of holding small-gold output to whatever minimum the depositor and assay schedule demanded. Treasury policy through this stretch treated the Quarter Eagle as a near-dormant denomination, struck in token quantities to maintain catalog presence while production capacity at Philadelphia was directed toward larger gold pieces and the silver dollar program then absorbing most of the metal coming through the assay office. Working dies for 1884 were prepared from the standard late-period hubs in service since the 1879 cycle, and survivors typically display clean fields, sharp denticulation, and full Liberty hair detail. A small fraction show partially reflective fields traceable to the small production run, but these should not be confused with the separately catalogued proof issue.

Surviving population estimates range from roughly 75 to 125 pieces across all grades, with the mint state population sitting at perhaps 15 to 25 examples. Authentication begins with the weight standard: a genuine 1884 must register 4.18 grams in 0.900 fine gold, and even modest deviations point toward a plated counterfeit, a cast fake, or a reduced-fineness contemporary deceptive piece. Diameter holds at 18 millimeters, the reeded edge should display sharp evenly spaced tooling, and coin alignment is ↑↓; reverses that rotate to other angles indicate transfer-die counterfeiting and warrant immediate rejection. Date-alteration risk is real for low-mintage early-1880s Philadelphia issues, and an 1881, 1883, or 1888 host can be tooled to mimic 1884 if the alterer is patient; close microscopic comparison of the third and fourth digits against verified-genuine reference photographs is the single most important post-weight check. Pedigree adds meaningful confidence at this scarcity tier, and the most reliable source of authentic mint state pieces remains documented Heritage and Stack's Bowers offerings of the past two decades.

The 1884 sits comfortably in the Semi-Key bracket of the Coronet Quarter Eagle date set, sharing a tier with the 1880, 1882, and 1883 issues and offering collectors an under-recognized scarcity that rewards careful sourcing rather than headline-driven competition. 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) $845 $975
MS-60 Uncirculated (MS) $1,820 $2,100
MS-63 Choice Uncirculated (MS) $3,870 $4,095
Frequently Asked QuestionsFAQ
How much is a 1884 Liberty Head Gold $2.5 Quarter Eagle (Coronet Head) worth?
In Very Fine condition it runs about $630–$730, rising to roughly $1,820–$2,100 in Uncirculated. These are reference values, not an appraisal.
How many 1884 Liberty Head Gold $2.5 Quarter Eagles (Coronet Head) were minted?
2,023 were struck.
What is a 1884 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 1884 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 1884 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.