Description and Analysis

Liberty Head $2.50
1843 O $2.5 MS

Description & Analysis

Jeff Garrett: As the high mintage would suggest, the 1843-O, Small Date, Crosslet 4, Liberty Head quarter eagle is the most common issue from the New Orleans Mint of the denomination. A fair number of coins are known, but mostly in the lower grades. Harry W. Bass Jr. must have really found this date an interesting study; he owned 11 examples. The best coin from the Bass menagerie was graded an astounding prooflike MS 64. The mintmark for the date is much larger than on previous issues from the New Orleans Mint. Although the 1843-O Small Date is relatively available in circulated grades, Mint State coins are usually quite scarce, and only one has been graded at the gem level. That coin sold at auction in March 2013 for $25,850.