1834 $2.50 Capped Bust (Regular Strike)

Series: Capped Bust $2 1/2 1808-1834

PCGS AU58

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PCGS AU55

PCGS AU53

PCGS #:: 7674

Designer:: William Kneass

Edge:: Reeded

Diameter:: 18.20 millimeters

Weight:: 4.37 grams

Mintage:: 4,000

Mint:: Philadelphia

Metal:: 91.7% Gold, 8.3% Copper

Auction Record:: $144,000 • AU55 • 07-17-2022 • Heritage Auctions

ShowHide Related Coins and Varieties (3)

Major Varieties

1834 $2.50 Capped Bust
1834 $2.50 Capped Bust, PL

Die Varieties

1834 $2.50 Capped Head, BD-1

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Price Guide (USD)

PCGS Population

Auctions - PCGS Graded

Auctions - NGC Graded

Current Auctions - PCGS Graded

Current Auctions - NGC Graded

For Sale Now at Collectors Corner - PCGS Graded

For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades	Survival Estimate The Survival Estimate represents an average of one or more experts' opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.	Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.	Relative Rarity By Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.	Relative Rarity By Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
All Grades	18	R-9.2	1 / 6	1 / 12
60 or Better	5	R-9.7	1 / 6	1 / 12
65 or Better	0	R-10.1	1 / 6	1 / 12

Survival Estimate
All Grades	18
60 or Better	5
65 or Better

Numismatic Rarity
All Grades	R-9.2
60 or Better	R-9.7
65 or Better	R-10.1

Relative Rarity By Type All Specs in this Type
All Grades	1 / 6
60 or Better	1 / 6
65 or Better	1 / 6

Relative Rarity By Series All Specs in this Series
All Grades	1 / 12
60 or Better	1 / 12
65 or Better	1 / 12

Condition Census What Is This?

Pos	Grade	Image	Pedigree and History
1	MS63 PCGS grade
1	MS63 PCGS grade
3	MS62 PCGS grade
3	MS62 estimated grade
5	MS61 PCGS grade
5	MS61 PCGS grade
7	AU58 PCGS grade
7	AU58 estimated grade
9	AU55 PCGS grade
9	AU55 PCGS grade

#1 MS63 PCGS grade

#3 MS62 PCGS grade

#3 MS62 estimated grade

#5 MS61 PCGS grade

#7 AU58 PCGS grade

#7 AU58 estimated grade

#9 AU55 PCGS grade

David Akers (1975/88): The mintage for the 1834 With Motto quarter eagle is similar to the mintages for the other five dates of this type. However, the Mint Act of June 28, 1834 significantly reduced the gold content for quarter eagles and half eagles and, therefore, it is probable that the vast majority of the 4,000 minted were melted and never released. this is definitely one of the half dozen or so rarest quarter eagles, and, as is apparent from the auction data, specimens are offered for sale only once every few years. I have never seen a fully mint state piece. The total number known is difficult to say for sure, but I would estimate it to be on the order of 12 to 15 pieces.