Price Guide for 1843 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: $2.00 – $2,640.00Uncirculated: $5.00 – $8,625.00
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eBayCirculated: $64.00 – $610.00Uncirculated: $950.00 – $1,301.51
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PCGS Price GuideCirculated: $30.00 – $900.00Uncirculated: $1,000.00 – $10,000.00
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3rd Party PriceCirculated: $0.70 – $6,325.00Uncirculated: $621.00 – $14,300.00
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eBayCirculated: $51.00 – $912.00
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PCGS Price GuideCirculated: $30.00 – $3,750.00Uncirculated: $4,000.00 – $20,000.00
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3rd Party PriceCirculated: $7,216.00Uncirculated: $14,300.00 – $82,500.00
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PCGS Price GuideUncirculated: $32,500.00 – $125,000.00
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3rd Party PriceCirculated: $129.25 – $8,050.00Uncirculated: $16,450.00 – $25,850.00
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eBayCirculated: $11.27 – $1,706.00
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PCGS Price GuideCirculated: $300.00 – $7,500.00Uncirculated: $17,500.00
Design and Specifications of the 1843 Quarter
The 1843 Quarter was part of the Seated Liberty series, which began in 1838 and continued until 1891. This design, featuring Liberty seated on a rock, was a significant departure from the previous Capped Bust design. The year 1843 was notable as it fell during a period of economic recovery following the Panic of 1837, which had led to a severe depression in the United States.
| Weight | 6.68 grams |
|---|---|
| Diameter | 24.3 mm |
| Mint Marks | Philadelphia (no mint mark), New Orleans (O) |
| Composition | 90% silver, 10% copper |
| Obverse Design | Seated Liberty, designed by Christian Gobrecht |
| Reverse Design | Heraldic Eagle, designed by Christian Gobrecht |
Rarity Factors and Value Drivers
The condition of 1843 Quarters significantly impacts their value. Coins in uncirculated condition (MS60 and above) are particularly valuable due to their scarcity. The New Orleans mint coins are generally more valuable than their Philadelphia counterparts in comparable grades.
Strike quality is an important factor, as many 1843 quarters, especially from New Orleans, can be weakly struck. Coins with full details on Liberty’s head and the eagle’s feathers command premium prices. Original luster and attractive natural toning can also significantly enhance a coin’s desirability and value.
Mintage: 645,600
Rarity Scale: Scarce
Circulation Status: Moderate Circulation
Preservation Rarity: Rare in grades MS65 and above
Varieties Errors: None significant
Market Demand: Moderate, with higher demand for well-preserved specimens
Mintage: 968,000
Rarity Scale: Scarce
Circulation Status: Moderate Circulation
Preservation Rarity: Very rare in grades MS65 and above
Varieties Errors: Large O and Small O varieties
Market Demand: Moderate to High, especially for high-grade examples
The Large O and Small O varieties of the New Orleans mint add interest for collectors, with the Small O typically being scarcer and more valuable. Die states and die cracks can also affect value, with some collectors seeking out examples showing interesting die characteristics.
The historical significance of the coin, minted during a period of economic recovery, may appeal to collectors interested in financial history. Additionally, as these coins saw significant circulation, well-preserved examples with minimal wear and good eye appeal are highly sought after by collectors and can command substantial premiums.
