Wednesday 22nd February 2012

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EARLY QUARTERS - - Draped Bust - Capped Bust - Liberty Sitting - Liberty Bust - Liberty Standing -
MODERN QUARTERS - - Washington Bust - State Quarters - Territorial Quarters - America The Beautiful Quarters

Capped Bust Quarter 1815 - 1837

Vital Stats.

Type 1 - 1815 - 1828

Designer: John Reich
Diameter: 29 millimeters
Content: 89% silver 11% copper
Weight: 6.74 grams
Edge: Reeded

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Type 1 Quarter

Year/
Mint Mark
Circulation
Strikes
181589,235
1818361,174
1819144,000
1820127,444
1821216,851
182264,080
182317,800
1824 & 25168,000
18274,000
1828102,000

Type 1
Large Diameter

1819 Type 1, Large Diameter Capped Bust Quarter Obverse 1819 Type 1, Large Diameter Capped Bust Quarter Reverse

This coins designer, Reich, brought Europe to America. His obverse design shows Liberty facing left, surrounded by 13 stars, with the date below the bust. Liberty is quite buxom, and even though she was characterized in the press as "the artist's fat mistress," she is probably representative of Europe in that period.

The reverse shows an eagle with outstretched wings perched on a branch and holding three arrows and the Union Shield on its breast. The motto E PLURIBUS UNUM can be seen on a scroll above the eagle.

The Type 1 Capped Bust quarter is often known as the "Large Size." A more accurate designation would be the "Open Collar" type. They were struck without a restraining collar which gave them a broad, low-rimmed appearence and a slightly larger diameter. The type 1 is only larger in relation to its smaller successor the type 2, issued from 1831 onward. In reality, diameters vary widely over the years.



Type 2 Quarter

Type 2 - 1831-1836

Designer: John Reich
Diameter: 27 millimeters
Content: 89% silver 11% copper
Weight: 6.74 grams
Edge: Reeded

Type 2 - 1837-1838

Designer:(1837-38 modified by William Kneass)
Diameter: 24.3 millimeters
Content: 90% silver 10% copper
Weight: 6.7 grams
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Year/
Mint Mark
Circulation
Strikes
1831398,000
1832320,000
1833156,000
1834286,000
18351,952,000
1836472,000
1837252,400
1838366,000

Type 2
Small Diameter

1831 Type 2, Small Diameter Capped Bust Obverse 1831 Type 2, Small Diameter Capped Bust Reverse

The quarter did not compete well with the Spanish 2 reales and the demand for quarters was limited. The Spanish 2 reales coins were legal tender (par with the heavier quarter), so the quarter coin was either hoarded or melted for its silver content.

There is also a mystery surrounding the Capped Bust quarter. There are pieces, mostly dated 1815 and 1825, that have a large "E" or "L" counterstamped above Liberty's head. Collectors in the 1870's thought they had official origins, possibly as some experiment, but official records have no mention of these pieces.

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