The 1834 Capped Bust Quarter is an iconic piece of American numismatic history. After being absent for two years, the quarter-dollar coin returned in 1831 with a new design by U.S. Mint Chief Engraver William Kneass. He modified the original design to accommodate smaller planchets, creating a coin with a raised rim for better protection of the intricate design elements. This change also removed the ribbon over the eagle’s head that typically displayed the national motto, “E Pluribus Unum,” making the reverse a bit more simplified.
During this time, the U.S. Mint produced higher quantities of these quarters, so most of the 1834 Capped Bust Quarters are within reach for most collectors. Prices for these coins range from about $200 for a coin in Very Fine condition to up to $1,300 for those in About Uncirculated condition. Coins in Mint State (MS) condition are rarer, but they do exist, particularly in five published varieties. The Browning-5 variety, however, is quite rare in any grade.
1834 Capped Bust Quarter: Key Details and Varieties
| Feature | Details |
|---|---|
| Coin Type | Capped Bust Quarter |
| Minted | 1831–1838 |
| Designer | John Reich |
| Obverse Design | Liberty wearing a draped bust, with stars around it |
| Reverse Design | Heraldic eagle with a shield and olive branch |
| Average Value Range | $200 to $1,300+ depending on condition |
| Rarity | Varies by year and mint mark, with certain varieties being rarer |
| Notable Varieties | Browning-1, Browning-2, Browning-3, Browning-4 |
Market Data and Noteworthy Specimens
The 1834 Capped Bust Quarters have some exciting market data, especially for collectors seeking the rare Mint State (MS) examples.
- 1834 Capped Bust Quarter, Browning-1 (B-1): In 2024, a second MS67 example was added to the NGC census, making it a significant discovery. The top population is MS66 with a few examples reaching MS67.
- 1834 Capped Bust Quarter, Browning-2 (B-2): This variety has become more common with many coins now in MS65 or better grades.
- 1834 Capped Bust Quarter, Browning-3 (B-3): This variety is notable for its unique die crack, and it remains relatively rare in higher grades.
- 1834 Capped Bust Quarter, Browning-4 (B-4): The most common of the 1834 varieties, it is available in Gem to Superb Gem condition.
- 1834 Capped Bust Quarter, Browning-5 (B-5): This variety is the rarest of all, with fewer examples available in good condition.
Key Collecting Notes
When purchasing an 1834 Capped Bust Quarter, collectors should be aware of the die states and varieties that can greatly affect the coin’s value. Some varieties like Browning-1 are more common and affordable, while others, such as Browning-5, are rare and can fetch higher prices in auction settings. The condition of the coin plays a significant role in its value, with Mint State examples reaching up to tens of thousands of dollars.
For collectors interested in the history of American coins, the 1834 Capped Bust Quarter remains a popular choice due to its historical significance and relatively accessible prices for the average collector. Whether you’re a beginner or an experienced numismatist, this quarter is a fascinating piece to add to any collection.
Conclusion
The 1834 Capped Bust Quarter is a treasure for coin collectors, offering a rich history and a variety of different die states and minting years to explore. Although it is widely available in various conditions, certain varieties remain rare and highly valuable, particularly in Mint State condition. As with any rare coin, thorough research and understanding of the different varieties are essential for making an informed purchase. For those passionate about U.S. coinage, the 1834 Capped Bust Quarter represents a connection to the past and a valuable addition to any collection.
FAQ’s
What is the 1834 Capped Bust Quarter?
A historic U.S. coin with a design by John Reich, known for its raised rim and lack of the motto “E PLURIBUS UNUM” on the reverse.
How much is it worth?
The value ranges from $200 to over $1,300, depending on condition, with higher-quality coins being more valuable.
What are the varieties?
There are several varieties, including Browning-1 to Browning-4, each with unique design features that affect rarity and value.