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1842

Twenty Cent Pieces & Quarter Dollars · Seated Liberty Quarters · 1838–1891
Regular
Weight6.68 g
Diameter24.3 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 88,000 Combined mintage for all 1842 Philadelphia varieties
EdgeReeded
Alignment↑↓ Coin
Composition90% Silver, 10% Copper
DesignerChristian Gobrecht
Collector's Key IDCK-2466

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About this coinHistory

The 1842 Philadelphia Seated Liberty Quarter is the lowest-mintage business strike of the early series at a reported 88,000 pieces, a figure that places this issue alone at the bottom of the pre-Arrows Philadelphia range. Production for the year was anchored by the larger New Orleans output, which split into the Large Date and Small Date logotype varieties; the Mother Mint contribution stayed thin and carried only a single date-size punch. The coin sits squarely in the Drapery subtype that took over from the original No Drapery hub mid-1840, with Christian Gobrecht's seated figure now in its mature form. Specialist references catalog very few die marriages for the year, reflecting how brief Philadelphia's 1842 quarter run actually was.

Strike quality on the issue is generally adequate, with the same early-1840s Philadelphia softness patterns familiar from adjacent dates: occasional weakness on Liberty's head and cap, lower shield lines that wash out on tired die states, and the eagle's claws among the first details to weaken. Authentication starts with weight and date logotype. Weight should fall near 6.68 g per the Mint Act of January 18, 1837 standard then in effect, and the date should match the recognized Philadelphia 1842 punch rather than either of the New Orleans Large Date or Small Date logotypes. The drapery diagnostic at Liberty's elbow confirms the obverse subtype. Counterfeit risk is real for higher-grade pieces given the date's scarcity, and certification through PCGS, the Professional Coin Grading Service, or NGC, the Numismatic Guaranty Company, is the working baseline for any purchase above Very Fine. Survival is concentrated in the Good through Very Fine band, with Mint State examples genuinely uncommon; PCGS and NGC populations thin sharply above MS61, and gem MS65 survivors are essentially absent at either grading service.

The Regular classification reflects how the issue trades in circulated grades, where date-set builders working the 1838-1844 transition era treat the 1842 as an attainable but quietly scarce slot. The mintage gives the issue a condition-rare profile above About Uncirculated; choice AU and Mint State coins require a longer search than any other Philadelphia date in this batch. Original gray patina, a sharp date, and clean fields matter more than chasing the highest numeric grade, and a problem-free Very Fine or Extremely Fine example usually clears specialist inventories without delay when one surfaces. For the broader story of Gobrecht's design, the No Drapery to Drapery transition, and the series' production arc, see the Seated Liberty Quarter series history.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
G-4 Good (G) $61 $70
VG-8 Very Good (VG) $88 $101
F-12 Fine (F) $128 $148
VF-20 Very Fine (VF) $210 $245
EF-40 Extremely Fine (EF) $370 $425
AU-50 About Uncirculated (AU) $700 $805
MS-60 Uncirculated (MS) $1,300 $1,500
MS-63 Choice Uncirculated (MS) $4,790 $5,070
Frequently Asked QuestionsFAQ
How much is a 1842 Seated Liberty Quarter worth?
In Good condition it runs about $61–$70, rising to roughly $1,300–$1,500 in Uncirculated. These are reference values, not an appraisal.
How many 1842 Seated Liberty Quarters were minted?
88,000 were struck (Combined mintage for all 1842 Philadelphia varieties).
What is a 1842 Seated Liberty Quarter made of?
90% Silver, 10% Copper, weighing 6.68 g.
What is the melt value of a 1842 Seated Liberty Quarter?
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 1842 Seated Liberty Quarter a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.