Capped Bust Quarters, minted between 1815 and 1838, were produced in two types. The first, designed by John Reich and coined between 1815 and 1828, had a diameter of approximately 27mm. The second type, designed by William Kneass and coined from 1831 to 1838, had a uniform diameter of 24.3mm. Slightly over 1 1/4 million large size pieces were coined, while production of the reduced size coin amounted to over five million coins yearly.
- 1815-1828 Capped Bust, Large Diameter Type
- 1831-1838 Capped Bust, Small Diameter Type
While small size Bust Quarters are scarce in Mint State, most of the real rarities of the series are found among the earlier dates. The 1823/22 is rare in all grades and probably does not exist in full Mint State. The original 1827 quarters are one of the rarest and most desirable U.S. silver coins and has an original mintage of only 4,000 pieces. Pioneer collector Joseph J. Mickley obtained four original proof 1827’s from the Mint late in that year, at face value, in exchange for a Spanish or Mexican silver dollar. When offered for sale in the 1980 Garrett Collection Sale, one of these original proofs sold for $190,000, still a record price today! This coin has not been seen publicly since the Pittman Collection sale of 2004.