The 1796 Turban Head Gold $2.50 Quarter Eagle is an important part of U.S. coin history. This gold coin was the first of its kind to be minted in the U.S., making it highly valuable and rare. One unique feature of this coin is the stars on the obverse (front) side. In this article, we’ll look into the history, design, and value of this coin in simple, easy-to-understand language.
Background of the 1796 Turban Head Gold $2.50 Quarter Eagle
The 1796 Turban Head Gold Quarter Eagle is one of the earliest gold coins produced by the United States Mint. The coin is called the “Turban Head” because of the way Liberty’s hair is styled. The 1796 version was the first year this coin was minted, and only a small number were made, making it very rare today. The coin is also known for its stars on the obverse, representing the number of states in the Union at that time.
The Design of the 1796 Turban Head Gold Quarter Eagle
Obverse (Front)
The front of the coin features a portrait of Lady Liberty with her hair tied in a bun, resembling a turban, hence the name “Turban Head.” Surrounding her are stars that represent the 16 states in the Union in 1796. The date “1796” is inscribed below Liberty’s portrait.
Reverse (Back)
On the back of the coin, there is a small eagle, holding a wreath in its beak. Above the eagle, the words “UNITED STATES OF AMERICA” are engraved. This design was later updated in other coin versions, but the 1796 coin remains highly sought after by collectors.
Why the 1796 Turban Head Gold $2.50 Quarter Eagle is Rare
This coin is considered rare for several reasons:
- Limited Mintage: Only a small number of these coins were produced, which makes them extremely rare today.
- Historical Significance: As one of the first gold coins ever minted by the U.S., this coin carries a lot of historical value.
- Condition: Finding a 1796 Turban Head Gold Quarter Eagle in good condition is very difficult, which makes it more valuable.
Value of the 1796 Turban Head Gold $2.50 Quarter Eagle
Because of its rarity and historical significance, the value of this coin can reach very high amounts. In good condition, the coin can be worth hundreds of thousands of dollars, making it one of the most expensive early American coins.
| Year | Mintage | Stars | Approximate Value (Good Condition) |
|---|---|---|---|
| 1796 | Limited | 16 | $300,000 – $500,000 |
Collectibility
The 1796 Turban Head Gold Quarter Eagle is considered a must-have for serious coin collectors. Due to its rarity, historical value, and the fact that it was one of the first gold coins produced in the U.S., it is highly sought after. Collectors are willing to pay a premium to add this coin to their collection, especially if it’s in good condition.
Conclusion
The 1796 Turban Head Gold $2.50 Quarter Eagle is not just a coin; it’s a piece of American history. Its rarity, beautiful design, and historical significance make it one of the most valuable coins ever produced by the United States Mint. For collectors, owning this coin is a true mark of distinction, and its value will likely continue to increase over time.
FAQ’s
Why is the 1796 Turban Head Gold $2.50 Quarter Eagle called “Turban Head”?
The coin is called “Turban Head” because of the way Lady Liberty’s hair is styled, resembling a turban.
What do the stars on the obverse represent?
The stars on the front of the coin represent the 16 states in the Union when the coin was minted in 1796.
How much is a 1796 Turban Head Gold $2.50 Quarter Eagle worth?
The value of this coin can range from $300,000 to $500,000, depending on its condition.
Why is this coin considered rare?
Its rarity is due to its limited production, historical significance, and the difficulty of finding one in good condition.
What is on the reverse of the coin?
The reverse features a small eagle holding a wreath with the inscription “UNITED STATES OF AMERICA” above it.