Price Guide for 1847 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: $5.00 – $1,093.00Uncirculated: $3.65 – $14,100.00
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eBayCirculated: $79.95 – $419.99Uncirculated: $1,500.00 – $2,299.99
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PCGS Price GuideCirculated: $30.00 – $850.00Uncirculated: $900.00 – $6,000.00
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3rd Party PriceCirculated: $2.10 – $8,625.00Uncirculated: $1,210.00 – $18,400.00
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eBayCirculated: $69.50 – $1,800.00
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PCGS Price GuideCirculated: $50.00 – $8,500.00Uncirculated: $10,000.00 – $35,000.00
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3rd Party PriceUncirculated: $6,325.00 – $64,625.00
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PCGS Price GuideUncirculated: $15,000.00 – $85,000.00
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3rd Party PriceCirculated: $71.00Uncirculated: $1,440.00 – $1,600.00
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eBayCirculated: $175.50Uncirculated: $1,500.00
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PCGS Price GuideCirculated: $125.00 – $550.00Uncirculated: $1,350.00
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3rd Party PriceCirculated: $192.00Uncirculated: $2,115.00 – $5,750.00
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eBayCirculated: $119.63 – $227.00
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PCGS Price GuideCirculated: $65.00 – $1,100.00Uncirculated: $1,250.00 – $4,000.00
Design and Specifications of the 1847 Quarter
The 1847 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 earlier coin designs and represented a more artistic approach to American coinage. The year 1847 was notable for the Mexican-American War, which was ongoing at the time, potentially affecting coin production and circulation.
| Weight | 6.68 grams |
|---|---|
| Diameter | 24.3 mm |
| Mint Marks | New Orleans (O), Philadelphia (no mint mark) |
| 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 1847 Quarters significantly impacts their value. Coins in higher grades (MS60 and above) are particularly scarce and command substantial premiums. The New Orleans mint coins are generally more valuable than their Philadelphia counterparts in comparable grades due to lower mintage and typically poorer striking quality.
Key factors affecting value include:
1. Strike quality: Well-struck coins with full details are more desirable.
2. Luster: Original mint luster adds significant value.
3. Surface preservation: Fewer contact marks and scratches increase desirability.
4. Toning: Natural, attractive toning can enhance value for some collectors.
Mintage: 734,000
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: 368,000
Rarity Scale: Scarce
Circulation Status: Moderate Circulation
Preservation Rarity: Very rare in grades MS65 and above
Varieties Errors: None significant
Market Demand: High, especially for well-preserved examples
Rarity in high grades: Both Philadelphia and New Orleans issues are scarce in Mint State, with New Orleans coins being particularly rare. Examples grading MS65 or higher are extremely rare and highly sought after by collectors.
Historical significance: The coin’s production during the Mexican-American War adds historical interest, potentially increasing its appeal to some collectors.
Type set demand: As part of the Seated Liberty series, these coins are in demand for type sets, which can support values even for circulated examples.
Mint mark collectibility: The New Orleans mint mark adds appeal for collectors focusing on southern mints or completing mint mark sets.
