Welcome Sign-In | Register
Sold for: Sign-in or Join (free & quick)
includes Buyer's Premium (BP) 


1848 CAL. Quarter Eagle, Choice AU
America's First Commemorative Coin
Historic Gold Rush Memento

1848 $2 1/2 CAL. AU55 PCGS. Many numismatists consider the 1848 CAL. to be America's first commemorative coin (although not one that was custom-designed on both sides), to observe the arrival of the first California gold shipment to the U.S. Mint. Rather, a hand punch was employed as an expedient measure to stamp the reverse of 1,389 quarter eagles to mark the occasion. Since it was a hand operation rather than an addition to a working die, there are slight variations in positioning of the punch, none of them remarkable.
It could be convincingly argued that not only are the 1848 CAL. quarter eagles the nation's first commemorative coins, but they are also a separate subtype. They are, nonetheless, generally collected as a separate issue within the Liberty Head quarter eagle series, rather than as a distinct subtype. Regardless of their status, they are scarce and desirable coins, eagerly pursued by many collectors for their historic as well as numismatic interest.
As members of the long-running Liberty Head series, the 1848 CAL. quarter eagles join such other rarities as: the 1841 quarter eagle or "Little Princess," a proof-only production; the incredibly rare 1854-S, the equally historic first issue from the San Francisco Mint; the 1863, another proof-only date; the low-mintage 1875, produced to the extent of only 400 coins; and many other low-mintage issues of lesser notoriety, as well as numerous varieties and branch-mint oddities.
This Choice AU example has fields that retain some reflectivity, despite a short spate in the channels of commerce. The surfaces are relatively unabraded for the grade, with rich orange-gold color. Minor strike weakness at the center is undistracting, as are the few signs of contact present. Population: 5 in 55, 28 finer (6/10).
From The Dr. and Mrs. Claude Davis Collection.(Registry values: P2) (NGC ID# 25HA, PCGS# 7749)

View all of [The Dr. and Mrs. Claude Davis Collection ]

Fees, Shipping, and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
August, 2010
11th-15th Wednesday-Sunday
Bids + Registered Phone Bidders: 9
Lot Tracking Activity: N/A
Page Views: 1,325

Buyer's Premium per Lot:
15% of the successful bid (minimum $14) per lot.

Heritage membership

Join Now - It's Free

  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
Consign now
  • Cash Advances
  • More Bidders
  • Trusted Experts
  • Over 200,000 Satisfied Consignors Since 1976
Only 20 days left to consign to the 2016 October 3 - 5 US Coins Signature Auction - Dallas!

Learn about consigning with us

You have a great company. I have bid with your firm at least 11 years.
New York, NY
View More Testimonials receives more traffic than any other auction house website. (Source:

Video tutorial

Getting the most out of search

Recent auctions

2016 July 7 - 10 Summer FUN US Coins Signature Auction - Orlando Summer FUN
2016 July 7 - 10 Summer FUN US Coins Signature Auction - Orlando Summer FUN
REALIZED $6,568,622
2016 June 22 - 24 World Coins Signature Auction - Hong Kong
2016 June 22 - 24 World Coins Signature Auction - Hong Kong
REALIZED $2,786,250
2016 June 23 - 24 World Currency Signature Auction - Hong Kong
2016 June 23 - 24 World Currency Signature Auction - Hong Kong
REALIZED $779,321

© 2016 Heritage Auctions | All Rights Reserved