The Fascinating History of the 1798 Turban Head Gold $2.50 Quarter Eagle

The 1798 Turban Head Gold $2.50 Quarter Eagle is a fascinating piece of American coinage. Minted during a time of change and growth in the United States, this coin reflects the early efforts to establish a national currency. In this article, we will explore the history, features, and significance of the 1798 Turban Head Gold Quarter Eagle. We will also provide a detailed table about this coin and answer some frequently asked questions to help you learn more about this remarkable piece of history.

The 1798 Turban Head Gold Quarter Eagle is a unique coin with a rich history. Minted in Philadelphia, this coin is part of the early American gold coinage series. With its striking design and historical importance, collectors and historians alike admire this coin. In this article, we will dive into its background, design features, rarity, and why it holds a special place in the world of numismatics.

Historical Background

The Beginning of U.S. Coinage

In the late 1700s, the United States was a young nation looking to establish its identity. The Coinage Act of 1792 laid the foundation for a national currency and established the U.S. Mint. The first coins were minted in 1793, but gold coins like the Quarter Eagle didn’t appear until a few years later.

The Minting of the 1798 Quarter Eagle

The 1798 Quarter Eagle was minted during the second year of production for this denomination. The coin was produced in Philadelphia, the capital of the United States at that time. The design features a unique “Turban Head” portrait of Liberty, which was a departure from earlier designs.

Design Features

Obverse (Front)

The obverse of the 1798 Quarter Eagle features a left-facing portrait of Liberty, adorned with a turban. This design symbolizes liberty and freedom, and it reflects the artistic style of the late 18th century. The words “LIBERTY” are inscribed above the portrait, while the date “1798” appears below.

Reverse (Back)

On the reverse side, the coin features an eagle with outstretched wings, which is a common symbol in American coinage. The eagle is holding a shield in its talons, representing strength and protection. Surrounding the eagle are the words “UNITED STATES OF AMERICA” and the denomination “2 1/2 D.”

Coin Specifications

Here is a table summarizing the specifications of the 1798 Turban Head Gold Quarter Eagle:

FeatureDetails
Year1798
Mint LocationPhiladelphia
Composition90% Gold, 10% Copper
Diameter20 mm
Weight4.18 grams
Design TypeTurban Head
Face Value$2.50
Edge TypeReeded

Rarity and Collectability

The 1798 Turban Head Gold Quarter Eagle is considered rare. Due to its limited mintage and the passage of time, many of these coins have been lost or damaged. Collectors seek out this coin not only for its historical significance but also for its beauty and craftsmanship. The value of the coin can vary based on its condition and rarity, with well-preserved specimens commanding high prices in the numismatic market.

Conclusion

The 1798 Turban Head Gold $2.50 Quarter Eagle is more than just a piece of currency; it is a representation of a formative period in American history. With its unique design, rich history, and rarity, this coin captures the imagination of collectors and historians alike. Understanding its background, features, and significance allows us to appreciate not only the artistry of coinage but also the story of the nation it represents.

As you explore the world of numismatics, the 1798 Turban Head Gold Quarter Eagle stands out as a symbol of early American independence and economic growth. Its legacy continues to live on, making it a valuable piece for collectors and enthusiasts.

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FAQs

1. What is the historical significance of the 1798 Turban Head Gold Quarter Eagle?

The coin represents early American efforts to establish a national currency and reflects the artistic style of the late 18th century.

2. How many 1798 Turban Head Gold Quarter Eagles were minted?

The exact number of coins minted is not well-documented, but it is considered a rare coin today.

3. What is the value of the 1798 Turban Head Gold Quarter Eagle?

The value varies depending on the coin’s condition and rarity, with well-preserved specimens commanding high prices in the collector’s market.

4. Can I find a 1798 Turban Head Gold Quarter Eagle in circulation today?

It is highly unlikely to find this coin in circulation due to its rarity and age; most are held in private collections or museums.

5. Where can I buy a 1798 Turban Head Gold Quarter Eagle?

You can find this coin through reputable coin dealers, auctions, and numismatic shows. Always ensure the dealer is trustworthy.

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