Price Guide for 1846 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.

1846 Quarter (Regular Strike)
  • 3rd Party Price
    Circulated: $3.00 – $2,467.50
    Uncirculated: $4.20 – $22,325.00
  • eBay
    Circulated: $62.50 – $1,299.99
  • PCGS Price Guide
    Circulated: $25.00 – $1,200.00
    Uncirculated: $1,300.00 – $22,500.00
1846 Quarter (Proof)
  • 3rd Party Price
    Uncirculated: $8,625.00 – $26,335.00
  • PCGS Price Guide
    Uncirculated: $17,500.00 – $75,000.00

Design and Specifications of the 1846 Quarter

The 1846 Quarter was part of the Seated Liberty series, which began in 1838 and continued until 1891. This design, featuring Lady Liberty seated on a rock, was a significant departure from previous coin designs and represented a more mature artistic style in American coinage. The year 1846 was notable for the Mexican-American War, which began that year, potentially affecting coin production and circulation.

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

Condition plays a crucial role in determining the value of 1846 quarters. Coins in higher grades, particularly those in Mint State, are significantly rarer and more valuable. The strike quality can vary, with well-struck examples commanding premiums. Original luster is highly prized, especially on Philadelphia issues. For New Orleans mints, weakness in the strike is common, making sharply struck specimens more desirable.

Philadelphia, No Mint Mark

Mintage: 510,000

Rarity Scale: Scarce

Circulation Status: Limited Circulation

Preservation Rarity: Rare in grades MS65 and above

Varieties Errors: None significant

Market Demand: High, especially for well-preserved specimens

New Orleans, O

Mintage: 2,100,000

Rarity Scale: Uncommon

Circulation Status: Moderate Circulation

Preservation Rarity: Very rare in grades MS65 and above

Varieties Errors: None significant

Market Demand: Moderate, higher for high-grade examples

Toning can significantly impact value, with attractive, natural toning often increasing desirability among collectors. The presence of original mint luster is particularly important for higher-grade examples. For both mints, eye appeal is a crucial factor, with coins displaying clean surfaces and minimal contact marks being most sought after. The historical significance of the Mexican-American War during this year can add to the coin’s appeal for some collectors, especially when paired with excellent preservation.

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