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1896

Gold Coins · Liberty Head Gold $2.5 Quarter Eagles (Coronet Head) · 1840–1907
Regular
Weight4.18 g
Diameter18 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 19,202
EdgeReeded
Alignment↑↓ Coin
Composition90% Gold, 10% Copper
DesignerChristian Gobrecht
Collector's Key IDCK-5569

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About this coinHistory

Philadelphia delivered 19,202 business-strike quarter eagles in 1896, a meaningful step up from the 6,119-piece 1895 and the strongest mid-decade output between the lean 1894 and the steady late-1890s years that followed. The election cycle that year ran on the silver-versus-gold question, with William Jennings Bryan's free-silver campaign challenging the gold-standard position that William McKinley would carry to the White House in November. The quarter eagle program, governed as it was by depositor demand for the smaller gold denominations rather than political messaging, ramped output ahead of the resolution of that policy fight. Christian Gobrecht's coronet portrait, by now in its fifty-seventh year of continuous use, produced cleanly defined coins from late-state working dies that had been refined across decades of Philadelphia coining practice. The 1896 sits as a transitional date between the depression-era lows and the more available late-Coronet issues that close out the series.

Authentication for the 1896 starts with the basic specifications. A struck Philadelphia quarter eagle of this date must register 4.18 grams within tight tolerance, and the specific gravity on the genuine 90 percent gold alloy lands near 17.2, useful for screening out plated base-metal reproductions that pass casual visual inspection. The reeded edge on a collar-struck 1896 displays sharp, evenly spaced tooling, and any rounding, partial reeding, or seam evidence indicates a cast counterfeit rather than a genuine strike. Coin alignment runs upward-downward as it did across the entire pre-1907 gold series, and a rotation that fails to land cleanly inverted is a strong warning of either a struck-counterfeit piece or a transfer-die fake. The 6 punch on authentic 1896 dies sits cleanly in the field with no traces of underlying digit metal, ruling out date alteration from the more available 1895 or 1897 issues.

For the modern collector, the 1896 reads as a workable late-Coronet quarter eagle in circulated grades, available at the major gold dealers and at the larger auction venues without long search times. Mint State examples climb in price more steeply, but the date does not carry a key-date premium even at the higher end. 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) $595 $685
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) $1,105 $1,170
Frequently Asked QuestionsFAQ
How much is a 1896 Liberty Head Gold $2.5 Quarter Eagle (Coronet Head) worth?
In Very Fine condition it runs about $595–$685, rising to roughly $690–$795 in Uncirculated. These are reference values, not an appraisal.
How many 1896 Liberty Head Gold $2.5 Quarter Eagles (Coronet Head) were minted?
19,202 were struck.
What is a 1896 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 1896 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 1896 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.