The Quarter Eagle, a gold coin with a face value of two and a half dollars, was an integral part of U.S. coinage from 1796 to 1929. Representing a quarter of an eagle, or ten dollars, this coin series went through several design changes reflecting the artistic and technological advancements of its time. The Quarter Eagle is a cherished piece among collectors, showcasing a rich history of American numismatic art and monetary evolution.
Why it Started
The Quarter Eagle was introduced in 1796 as part of the early efforts to establish a robust and diverse U.S. coinage system. The inclusion of this gold coin, valued at two and a half dollars, provided a convenient medium for larger transactions and added stability to the nation’s currency during a time of economic growth and development.
Why it Ended
The production of the Quarter Eagle ended in 1929 due to several factors, including the increasing costs of minting small gold coins and the shift towards paper currency. Additionally, changes in the economic landscape and the Great Depression reduced the demand for gold coinage, leading to the discontinuation of this denomination.
| Years | Species | Front | Back | Evolve |
|---|---|---|---|---|
| 1796–1807 | Capped Bust | |||
| 1834–1839 | Classic Head | |||
| 1840–1907 | Liberty Head | |||
| 1908–1929 | Indian Head |