Price Guide for 1831 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: $2.35 – $4,406.25Uncirculated: $6.00 – $117,500.00
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eBayCirculated: $24.50 – $1,495.00Uncirculated: $2,400.00 – $5,000.00
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PCGS Price GuideCirculated: $65.00 – $2,250.00Uncirculated: $2,500.00 – $125,000.00
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3rd Party PriceCirculated: $55.00 – $2,640.00Uncirculated: $8.00 – $16,100.00
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eBayCirculated: $45.00 – $1,253.29Uncirculated: $8,750.00
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PCGS Price GuideCirculated: $65.00 – $2,250.00Uncirculated: $2,500.00 – $45,000.00
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3rd Party PriceUncirculated: $37.50 – $144,000.00
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PCGS Price GuideUncirculated: $25,000.00 – $175,000.00
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3rd Party PriceUncirculated: $21,535.00
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PCGS Price GuideUncirculated: $20,000.00 – $25,000.00
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3rd Party PriceCirculated: $63.00 – $1,997.50Uncirculated: $650.00 – $49,350.00
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eBayCirculated: $100.00 – $514.00Uncirculated: $3,395.00
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PCGS Price GuideCirculated: $65.00 – $2,250.00Uncirculated: $2,500.00 – $40,000.00
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3rd Party PriceCirculated: $121.00 – $1,438.00Uncirculated: $1,762.50 – $84,000.00
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eBayCirculated: $152.50
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PCGS Price GuideCirculated: $65.00 – $2,250.00Uncirculated: $2,500.00 – $55,000.00
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3rd Party PriceCirculated: $132.00 – $1,880.00Uncirculated: $564.00 – $30,550.00
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eBayCirculated: $129.50 – $406.09Uncirculated: $3,806.02
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PCGS Price GuideCirculated: $350.00 – $2,250.00Uncirculated: $40,000.00
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3rd Party PriceCirculated: $92.00 – $1,762.50Uncirculated: $900.00 – $55,812.50
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eBayCirculated: $52.00 – $510.00
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PCGS Price GuideCirculated: $65.00 – $2,250.00Uncirculated: $2,500.00 – $40,000.00
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3rd Party PriceCirculated: $109.00 – $1,645.00Uncirculated: $587.50 – $32,900.00
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eBayCirculated: $136.99 – $1,350.00
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PCGS Price GuideCirculated: $120.00 – $2,250.00Uncirculated: $2,500.00 – $35,000.00
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3rd Party PriceCirculated: $79.00 – $1,380.00Uncirculated: $675.62 – $5,405.00
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eBayCirculated: $92.89 – $235.00
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PCGS Price GuideCirculated: $120.00 – $2,250.00Uncirculated: $2,500.00 – $11,000.00
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3rd Party PriceCirculated: $129.00 – $1,645.00
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eBayCirculated: $392.00 – $482.89
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PCGS Price GuideCirculated: $1,000.00 – $5,000.00
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3rd Party PriceUncirculated: $40,250.00 – $218,500.00
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PCGS Price GuideUncirculated: $85,000.00 – $400,000.00
Design and Specifications of the 1831 Quarter
The 1831 Quarter is part of the Capped Bust series, which was minted from 1815 to 1838. This design, created by German-born engraver John Reich, represents a more nationalistic and robust image of Liberty compared to its predecessors. The year 1831 saw a significant increase in quarter production compared to previous years, reflecting the growing need for this denomination in commerce.
| Weight | 6.74 grams |
|---|---|
| Diameter | 27 mm |
| Mint Marks | None (Philadelphia only) |
| Composition | 89.24% silver, 10.76% copper |
| Obverse Design | Capped Bust, designed by John Reich |
| Reverse Design | Heraldic Eagle, designed by John Reich |
Rarity Factors and Value Drivers
The condition of an 1831 Quarter significantly impacts its value. Due to its age and circulation, high-grade specimens are particularly scarce. Coins in Mint State (MS) condition are highly sought after by collectors.
Key factors affecting value include:
1. Strike quality: Well-struck coins with full details are more desirable.
2. Luster: Original mint luster adds significant premium.
3. Surface preservation: Fewer marks and abrasions increase value.
4. Toning: Natural, attractive toning can enhance appeal and value.
Mintage: 398,000
Rarity Scale: Scarce
Circulation Status: Limited Circulation
Preservation Rarity: Rare in grades MS65 and above
Varieties Errors: Small Letters and Large Letters varieties
Market Demand: Moderate to High, especially for high-grade specimens
Several factors can further influence the value of an 1831 Quarter:
1. Variety: Both Small Letters and Large Letters varieties exist, with the Large Letters being scarcer and more valuable.
2. Die state: Late die state examples showing interesting characteristics can command a premium.
3. Provenance: Coins with a notable ownership history may be more valuable.
4. Overall eye appeal: Subjective factors like attractive toning or exceptional strike can significantly increase desirability among collectors.
As a Type coin representing the Capped Bust Quarter series, the 1831 Quarter is in demand for both type sets and date collections, contributing to its strong market position.
