1904 Liberty Head $2.50 Gold Quarter Eagle Coin

1904 Liberty Head $2.50 quarter eagle gold coins have been very popular with numismatic and bullion investor coins for decades and are most collected by those who appreciate pre-1933 U.S. gold coinage. While the United States Mint produced a sizable 160,790 pieces, a small fraction of these coins survives today, meaning they are relatively quite scarce in the coin market. This is the situation with most pre-1933 U.S. gold coins, which were melted in large numbers following the end of the gold standard.

The value of 1904 Liberty Head $2.50 gold quarter eagles that grade Very Fine-20 is about $514 , with uncirculated specimens selling for closer to $500 and up. Business-strike Liberty Head quarter eagles from the late 1890s and early 1900s are the least expensive issues for this type.

1904 quarter eagles have a composition consisting of 90 percent gold and 10 percent copper, which is a standard “coin gold” alloy for gold coinage of the era. Weighing 4.18 grams, these classic coins have a gold content of 0.1202 ounces and, with a diameter of 18 millimeters, are just wider than a modern U.S. dime.

1904 quarter eagle gold coins were designed by engraver Christian Gobrecht, who had served as the U.S. Mint’s chief engraver during the first half of the 1840s. He would go down in numismatic history as the designer of the long-running Seated Liberty silver coinage, which was struck from the late 1830s through 1891.