Skip to main content
Go to accessibility notice

    Description

    1848 CAL. Quarter Eagle, VG8
    The First U.S. Commemorative Coin
    Popular and Historically Significant

    1848 $2 1/2 CAL. VG8 PCGS. CAC. The 1848 CAL. quarter eagle is one of the most iconic and desirable gold pieces ever produced in this country, having been struck from the first 230 ounces of California gold delivered to the Philadelphia Mint. In an address before the Oklahoma-Kansas ANA convention in October 1952, Richard S. Yeoman called this "one of my favorite coins" and described holding one in his hands in 1948 -- 100 years after its production:

    "Here in my fingertips is a coin that commemorates itself. The very fabric of the piece is the thing commemorated, and the three tiny letters constitute the hallmark of genuineness placed there through the influence of a group of officials who had extraordinary vision and a fine feeling for the historical significance of the event."



    The officials were R.B. Mason, the military governor of California at the time, and Secretary of War W.L. Marcy, among others, and the event, of course, was the monumental discovery of gold at John Sutter's mill. Ultimately, 1,389 1848 CAL. quarter eagles were struck as this country's first commemorative coins. Many were placed into circulation, although a few exist is exceptionally high grades today. This VG8 representative survives at the other end of the spectrum. Its surfaces are worn impressively smooth, suggesting the coin may very well have been carried proudly as a pocket piece. The counterstamp in the upper reverse field remains bold. Each side is a deep shade of reddish-gold, and eye appeal is fantastic for the grade. One of the few available with CAC approval. Population: 1 in 8, 74 finer. CAC: 1 in 8, 14 finer (7/20).(Registry values: P2)

    Coin Index Numbers: (NGC ID# 25HA, PCGS# 7749)

    Weight: 4.18 grams

    Metal: 90% Gold, 10% Copper


    View Certification Details from PCGS

    Auction Info

    Auction Dates
    September, 2020
    18th-20th Friday-Sunday
    Bids + Registered Phone Bidders: 33
    Lot Tracking Activity: N/A
    Page Views: 1,476

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) per lot.

    Sold on Sep 18, 2020 for: Sign-in or Join (free & quick)
    Track Item
    Coming soon:

    Jewelry & Timepieces
    Opens about 10/22/2021

    Fine Art
    Opens about 10/19/2021

    Photography
    Opens about 10/20/2021

    US Coins
    Opens about 10/22/2021

    Decorative Art
    Opens about 10/21/2021

    Space
    Opens about 10/25/2021

    World & Ancient Coins
    Opens about 10/17/2021

    Currency
    Opens about 10/18/2021

    Silver
    Opens about 10/26/2021

    Fine Art
    Opens about 10/26/2021

    Fine Art
    Opens about 10/27/2021

    Fine Art
    Opens about 10/27/2021

    Sports Collectibles
    Opens about 10/28/2021

    Comics & Comic Art
    Opens about 10/29/2021

    US Coins
    Opens about 10/18/2021

    US Coins
    Opens about 10/18/2021

    Movie Posters
    Opens about 10/29/2021

    World & Ancient Coins
    Opens about 10/24/2021

    Currency
    Opens about 10/25/2021

    US Coins
    Opens about 10/22/2021

    Fine Art
    Opens about 11/10/2021

    US Coins
    Opens about 11/01/2021

    Ethnographic Art
    Opens about 11/11/2021

    Fine Art
    Opens about 11/12/2021

    Decorative Art
    Opens about 11/12/2021

    Historical
    Opens about 11/15/2021

    Luxury Accessories
    Opens about 11/16/2021

    Entertainment
    Opens about 11/16/2021

    World & Ancient Coins
    Opens about 11/07/2021

    Jewelry & Timepieces
    Opens about 11/05/2021

    Fine Art
    Opens about 11/16/2021

    Nature & Science
    Opens about 11/17/2021

    Photography
    Opens about 11/17/2021

    US Coins
    Opens about 11/08/2021

    Rare Books
    Opens about 11/19/2021

    Decorative Art
    Opens about 11/18/2021

    Comics & Comic Art
    Opens about 11/11/2021

    Comics & Comic Art
    Opens about 11/22/2021

    Jewelry & Timepieces
    Opens about 11/24/2021

    World & Ancient Coins
    Opens about 11/16/2021

    Currency
    Opens about 11/22/2021

    Arms & Armor
    Opens about 11/23/2021

    Decorative Art
    Opens about 11/23/2021

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    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
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 17 days left to consign to the 2021 December 16 - 19 US Coins Signature® Auction !

    Learn about consigning with us

    The results were astonishing - - Heritage sold my coins for double the most optimistic price that I had dreamed of!
    [ Entire Letter » ]
    Louis Bassano, New Jersey State Senate,
    Union, NJ
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search