The 1854 Liberty Seated Quarter is a fascinating piece of American numismatic history that has attracted collectors for generations. Minted during a period of significant change in the U.S. monetary system, this coin not only represents historical significance but also carries a distinctive design that makes it a sought-after item among collectors.
History of 1854 Liberty Seated Quarter
The Liberty Seated Quarter series was minted from 1838 to 1891 and was designed by Christian Gobrecht. The 1854 edition is particularly noteworthy because it introduced a significant design change: the addition of arrows on either side of the date.
This change was made to signify a reduction in the coin’s weight from 6.68 grams to 6.22 grams, a decision influenced by the fluctuating values of gold and silver at the time.
In 1853, the U.S. Congress passed an act to reduce the weight of silver coins to prevent them from being melted down for bullion.
To differentiate the newly lightened coins from the older, heavier versions, the Mint added arrows beside the date and, initially, rays on the reverse of the coin. However, the rays were removed in 1854 to extend the lifespan of the coin dies.
Minting and Production
The 1854 Liberty Seated Quarter was minted in two locations: Philadelphia and New Orleans. The Philadelphia Mint produced 12,380,000 coins, while the New Orleans Mint produced 1,484,000 coins. The large production numbers have made the 1854 quarter relatively common in lower grades, but higher-grade specimens are significantly rarer.
Key Details of the 1854 Liberty Seated Quarter
| Attribute | Details |
|---|---|
| Designer | Christian Gobrecht |
| Metal Composition | 90% Silver, 10% Copper |
| Weight | 6.22 grams |
| Diameter | 24.3 mm |
| Edge | Reeded |
| Mint Marks | None (Philadelphia), “O” (New Orleans) |
| Mintage | 12,380,000 (Philadelphia), 1,484,000 (New Orleans) |
| Obverse Design | Liberty seated on a rock, holding a pole with a Liberty cap, arrows flanking the date |
| Reverse Design | An eagle with outstretched wings, holding arrows and an olive branch |
Market Value and Collectibility
The value of an 1854 Liberty Seated Quarter varies significantly based on its condition and the specific mint mark. Coins in lower grades, such as Good to Very Fine, typically range from $50 to $200.
However, uncirculated coins, especially those graded MS-65 and higher, can fetch prices from $13,000 to as high as $43,000 or more, depending on the coin’s condition and rarity.
Notable auction sales include an MS-67 graded coin, which sold for over $45,000, showcasing the high demand for well-preserved specimens. The New Orleans mint-marked coins (1854-O) are particularly desirable, especially in higher grades.
Conclusion
The 1854 Liberty Seated Quarter is a prized coin for collectors due to its historical significance, unique design, and the challenges associated with finding high-grade examples.
Whether you’re a seasoned collector or a newcomer to numismatics, this coin represents a fascinating glimpse into mid-19th century American history and coinage.
FAQs
Why were arrows added to the 1854 Liberty Seated Quarter?
The arrows were added to indicate a reduction in the coin’s weight due to changes in silver and gold values at the time.
How much silver is in an 1854 Liberty Seated Quarter?
The coin is composed of 90% silver and 10% copper, with a total weight of 6.22 grams.
What is the difference between the 1853 and 1854 Liberty Seated Quarters?
The 1853 quarter features rays on the reverse, while the 1854 version removed the rays but retained the arrows around the date.
What is the value of an 1854 Liberty Seated Quarter today?
The value ranges from $50 in lower grades to over $45,000 for high-grade, uncirculated examples.
Where were the 1854 Liberty Seated Quarters minted?
They were minted in Philadelphia (no mint mark) and New Orleans (O mint mark).
References
- CoinWeek. (2024). 1854 Liberty Seated Quarter: A Collector’s Guide.
- Greysheet. (2024). 1854 Liberty Seated Quarter Values & Prices by Issue.
- APMEX. (2024). 1854-O Seated Liberty Quarter Value.
- Stack’s Bowers Galleries. (2024). Type 3 Liberty Seated Quarter Dollar (1854-1855) Value Guide.
- NGC. (2024). 1854 ARROWS 25C MS | Coin Explorer.
