Price Guide for 1804 Quarter Variants
This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.
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3rd Party PriceCirculated: $13.00 – $80,000.00Uncirculated: $24,150.00 – $63,250.00
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eBayCirculated: $787.00 – $9,377.00
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PCGS Price GuideCirculated: $1,750.00 – $110,000.00Uncirculated: $125,000.00 – $300,000.00
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3rd Party PriceCirculated: $552.00 – $82,250.00Uncirculated: $69,000.00 – $345,000.00
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eBayCirculated: $3,809.70
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PCGS Price GuideCirculated: $1,750.00 – $110,000.00Uncirculated: $125,000.00 – $300,000.00
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3rd Party PriceCirculated: $1,800.00 – $40,250.00
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PCGS Price GuideCirculated: $2,500.00 – $20,000.00
Design and Specifications of the 1804 Quarter
The 1804 Draped Bust Quarter is a significant coin in American numismatic history. It was part of the early series of quarters produced by the United States Mint, featuring the Draped Bust design on the obverse and the Heraldic Eagle on the reverse. This year marked the last production of quarters until 1815, making it a notable issue for collectors.
The coin’s design reflects the early artistic direction of the young nation, with Liberty portrayed in a neoclassical style. The 1804 quarter played a crucial role in the developing American economy, representing a substantial amount of purchasing power at the time.
| Weight | 6.74 grams |
|---|---|
| Diameter | 27.5 mm |
| Mint Marks | None (Philadelphia only) |
| Composition | 89.24% silver, 10.76% copper |
| Obverse Design | Draped Bust, designed by Robert Scot |
| Reverse Design | Heraldic Eagle, designed by Robert Scot |
Rarity Factors and Value Drivers
The condition of an 1804 Quarter has a profound impact on its value. Due to its age and low mintage, finding high-grade specimens is extremely challenging. Coins in Very Fine (VF) condition or better are highly sought after and command significant premiums.
Uncirculated examples are exceedingly rare and highly valuable. The presence of original luster, minimal contact marks, and strong strike details can dramatically increase the coin’s desirability and value among collectors.
Even in lower grades, the 1804 Quarter is valuable due to its historical significance and rarity. However, problems like cleaning, heavy wear, or damage can substantially reduce the coin’s value.
Mintage: 6,738
Rarity Scale: Very Rare
Circulation Status: Limited Circulation
Preservation Rarity: Extremely rare in high grades (XF or better)
Varieties Errors: None widely recognized
Market Demand: High, due to its rarity and historical significance
Historical significance plays a crucial role in the 1804 Quarter’s value. As the last quarter minted before a decade-long gap in production, it holds special appeal for collectors of early American coinage.
The low mintage of only 6,738 coins contributes significantly to its rarity and value. Survival rate is another critical factor, with estimates suggesting that only a small fraction of the original mintage still exists in any condition.
Provenance can also impact value. Coins with a documented history of ownership, especially if they were part of famous collections, can command higher prices at auction.
Lastly, the overall quality of the strike and any signs of die deterioration can affect the coin’s desirability among advanced collectors who seek the finest examples of this rare issue.
