The 1926 $2.50 Sesquicentennial Gold Coin, also known as a quarter eagle, is a remarkable piece of American numismatic history. Created to commemorate the 150th anniversary of the signing of the Declaration of Independence, this coin stands out as both a collectible and an investment piece. With its rich design, rare composition, and limited minting, it is a favorite among collectors who value its aesthetic beauty and historical significance.
This coin was issued as part of a series of gold commemoratives minted between 1903 and 1926. The series aimed to celebrate pivotal moments in U.S. history, and the Sesquicentennial coin served as its fitting finale.
Design
Designed by John R. Sinnock, the 1926 Sesquicentennial Gold Coin showcases Sinnock’s attention to detail and reverence for American symbols. On the obverse, the full-length figure of Lady Liberty holds a flaming torch in her right hand, symbolizing enlightenment, and an unfurling scroll rests on her left shoulder, referencing the Declaration of Independence. Surrounding Liberty are the inscriptions “UNITED STATES OF AMERICA” and “LIBERTY.” The dual dates, “1776” and “1926,” mark the anniversary on either side of Liberty.
On the reverse side of the coin, Independence Hall is prominently featured, an homage to the birthplace of American independence. This design choice connects the coin directly to the place where the founding fathers signed the Declaration in 1776.
Composition and Minting
This quarter eagle contains 90% gold and 10% copper, a common metal composition in U.S. gold coins of that period. Only 46,019 coins were minted at the Philadelphia Mint, making it a relatively rare coin, particularly in mint-state condition. With a reeded edge and compact 18 mm diameter, the coin’s composition reflects a design choice that balances durability with elegance.
The limited mintage of the 1926 $2.50 Sesquicentennial Quarter Eagle makes it a rare find. While it had the largest mintage among early commemorative gold quarter eagles, its numbers were still low enough to make it scarce in high grades, adding to its value over time.
Auction Record
In 2007, a high-quality 1926 $2.50 Sesquicentennial coin in MS67 grade set an auction record at $54,625, sold by Heritage Auctions. Coins in similar high grades are sought-after pieces that command premium prices due to their condition, rarity, and the coin’s historical significance.
Given the rising cost of living and inflation over the last 17 years, it’s reasonable to assume that today’s value would be significantly higher. Investors and collectors now consider this coin a valuable addition to their portfolios, not only for its gold content but also for its status as a historical artifact.
Half Dollar
In addition to the quarter eagle, the U.S. Mint also issued a half-dollar coin in 1926 to mark the Sesquicentennial. While the quarter eagle was minted in gold, the half dollar was silver, making it more accessible to the general public. Collectors often seek both coins together, as they complement each other in commemorating the same historic event. However, the rarity and gold content of the quarter eagle generally makes it more valuable than the half dollar.
| Feature | 1926 Quarter Eagle | 1926 Half Dollar |
|---|---|---|
| Metal Composition | 90% gold, 10% copper | 90% silver, 10% copper |
| Diameter | 18 mm | 30.6 mm |
| Mintage | 46,019 | 1,000,528 |
| Design Elements | Liberty, Independence Hall | Liberty Bell, Independence Hall |
| Auction Record | $54,625 (MS67) | Varied (Lower Range) |
This table offers a clear comparison between the two coins, showing how the materials, mintage numbers, and designs distinguish the quarter eagle as the more exclusive and valuable of the two commemorative pieces.
Historical Significance
The 1926 $2.50 Sesquicentennial Gold Coin appeals to collectors not just for its beauty and rarity but also because it marks a significant national milestone. The Sesquicentennial celebration in 1926 was an event of deep patriotic pride, commemorating the enduring legacy of the Declaration of Independence. Today, owning this coin is akin to holding a piece of the nation’s story—a reminder of the ideals of liberty and unity.
Although it has its roots in history, the 1926 Sesquicentennial Quarter Eagle remains relevant today, symbolizing values that continue to shape the country. Its blend of artistry, history, and investment potential keeps it in high demand among collectors and investors alike.
Collectors and history enthusiasts value this coin for the tangible connection it provides to a pivotal era in American history. Its rare beauty, historical weight, and lasting value make it a prized item that few others match.
FAQs
What was the mintage of the 1926 quarter eagle?
Only 46,019 were minted, making it rare.
Who designed the 1926 $2.50 Sesquicentennial coin?
John R. Sinnock designed this commemorative coin.
What is the coin’s metal composition?
It is 90% gold and 10% copper.
Where was the coin minted?
All 1926 quarter eagles were minted in Philadelphia.
How much was the highest auction price?
The coin’s highest sale price was $54,625 in 2007.
