The Coronet Quarter Eagle was first issued in
1840, and was produced continuously without change until 1907.
One of the rarest dates in this lengthy run is the 1856-D Coronet
Quarter Eagle. Only 874 pieces were coined, the smallest of any date
from the Dahlonega Mint. Of the original mintage, fewer than 50
examples survive to this day.
All 1856-D Quarter Eagles are poorly struck.
Most of them appear to be
cleaned, even if they were not, making grading very difficult. Most
examples have below average eye appeal.
In spite of mediocre aesthetics, not many coin collectors spurn the
1856-D. It has always attracted a crowd because it is the rarest coin
ever to come out of the Dahlonega Mint, one of the most interesting
chapters in US numismatics.
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