The 1854-S Coronet Head Gold $2.50 Quarter Eagle is a significant coin in American numismatics, marking the debut of the San Francisco Mint in producing gold coinage.
This coin is part of the Coronet Head Quarter Eagle series, which features a Liberty head wearing a coronet inscribed with the word "LIBERTY."
Designed by Christian Gobrecht, the obverse of the coin depicts Liberty facing left, surrounded by thirteen stars representing the original colonies. The date "1854" is situated below Liberty's bust.
On the reverse, an eagle is depicted with outstretched wings, clutching arrows and an olive branch in its talons, symbolizing America's readiness for war and desire for peace.
The 1854-S Quarter Eagle is significant not only for being struck at the San Francisco Mint's inaugural year but also for its role in the California Gold Rush.
The discovery of gold in California in 1848 led to a massive influx of prospectors and miners seeking their fortunes, resulting in a need for a local mint to convert the gold into coinage.
The 1854-S Quarter Eagle is relatively scarce compared to its counterparts minted in Philadelphia and New Orleans.
The Rare Bicentennial Quarter: Valued at nearly $49 million USD, this exceptional coin represents the pinnacle of numismatic rarity. Its journey from the mint to its current status as a coveted treasure is shrouded in mystery and intrigue.