Coin Specifications

Category: Seated Liberty Quarters (1838-1891)
Mint: Philadelphia
Mintage: 466,000
Catalog: KM-64.1
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 6.6800g
ASW: 0.1933oz
Melt Value: $3.04 (10/6/2015)
Diameter: 24.3mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1838 SEATED 25C MS obverse 1838 SEATED 25C MS reverse

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Description & Analysis

R.W. Julian's article 'Gobrecht's Seated Liberty,' published in the July 2003 edition of the magazine Coins, offers an excellent overview of how the eponymous design made its way to the quarter dollar. The Liberty Seated obverse, which Julian credits to a collaboration between engraver Christian Gobrecht and artists Titian Peale and Thomas Sully, was created for the silver dollar, but its use spread quickly to other denominations:

?The designs were so well received that [Mint Director Robert] Patterson soon sought permission to improve the looks of the dimes and half dimes by putting the seated figure on the obverse. ... Once the dimes and half dimes had received the seated figure of Liberty, the quarter dollar came next. Gobrecht prepared the dies in the summer of 1838 and in September several trial pieces were sent to Treasury Secretary Levi Woodbury and President Martin Van Buren for their inspection. Approval was soon forthcoming and coinage quickly began. Demand was strong enough that 466,000 pieces were struck by year's end.?

Julian further notes that while Gobrecht's obverse design was artistically successful, it created certain technical challenges that Mint Director Patterson decided to rectify. In a different article, 'Collectors Clamor for Seated Liberty Quarters' in the February 29, 2000 edition of Numismatic News, Julian describes the change made and how it affects the way today's collectors approach the series:

'The quarter coinage of 1838-1840, without drapery, is increasingly obtained by type collectors because of the distinct difference in the obverse dies. This variety was struck at Philadelphia in 1838 and 1839 but also at New Orleans in 1840, the dies for the latter were sent off before all the changes were in place. Philadelphia coined only the variety with drapery in 1840.

'Sculptor Robert Ball Hughes had been hired by Director Patterson to slightly redesign the silver coinage, especially the Seated Liberty figures, the change of drapery at the elbow is a mark of Hughes' work. The point of the make-over was to reduce the height of the figure so that the coins would strike up better in the available coining presses.'

While the 2010 edition of the Guide Book does not specify the No Drapery Seated quarters as a subtype, many collectors do consider them such, among them James W. Lull, previous owner of the present example, he assembled a high-end type collection which included both this 1838 quarter and an 1857 quarter, which would be redundant for type purposes if not for the No Drapery versus Drapery nicety.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


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Price Guide

Last Updated: 8/10/2015

Click on a price to see historical prices, comparison charts and trends.

1838 SEATED 25C MS
Base $ 33.00 40.00 60.00 165 425 760 820 950 1100 2000 3050 5350 11250 38500 77500 150000 275000 - -
$ - - - - 1200 - - - - - 141000 - -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Total Graded: 178
Low Grade: PrAg
Average Grade: 58
High Grade: 67

Upcoming Auctions

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
5/31/2004 PCGS MS 64   Goldberg May 31 - June 2, 2004 Pre-Long Beach Coin and Currency Auction, 25/Lot# 650 $12,075.00
9/6/2009 NGC MS 63   Goldberg September 6-8, 2009 Pre-Long Beach Coin and Currency Auction, 54/Lot# 2643 $3,335.00
8/19/2012 NGC XF 45   Teletrade Auction 3331, 3331/Lot# 1557 $400.00
11/3/2013 PCGS XF 40   David Lawrence Rare Coins Internet Auction # 776, 785/Lot# 486 $400.00
11/15/2013 NGC MS 66   Heritage Auctions 2013 November 15 - 16 Selections from the Eric P. Newman Collection, Part II Signature Auction - New York Session(2), 1190/Lot# 33360 $141,000.00
1/5/2014 NGC VF 35   Heritage Auctions Internet Coin Auction Session(2), 131402/Lot# 22863 $238.53
6/16/2014 NGC AU 55   Stack's Bowers iAuciton 3486, 6035/Lot# 20252 $881.25
9/7/2014 PCGS XF 40   GreatCollections GreatCollections Coin Auctions 09/07/2014, 191/Lot# 213412 $450.00

NGC Registry

NGC Registry Score 1838 SEATED 25C MS
1838 SEATED 25C MS Prooflike
Registry Image Gallery
Grade: MS 62
Points: 2525
Owner: jacmitch
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