CGG

The 1841 $2.50 Liberty Head was originally believed to be a proof-only coin. However, there are too many specimens as compared to mintages of other proof quarter eagles during the same period, which are typically less than 5. There are at least 12 and possibly 15 1841's known to exist, and only a few are undoubtedly proofs. Most are definitely circulated (which proofs are not).

All the known specimens of the 1841 were apparently struck from the same dies, which would normally indicate they were all proofs. But since some are not proof quality, and there is no record of a non-proof mintage, the mystery remains.

The obverse features Lady Liberty wearing a coronet inscribed with the word 'LIBERTY' with her hair worn in a tight bun secured by a string of beads with loose curls hanging down her neck. Thirteen stars representing the thirteen original colonies and the date of issue surround her.

The reverse features a proud bald eagle with wings spread, standing among olive branches. The eagle clinches three arrows in his talons, and holds a shield over his chest featuring stars and stripes. The words 'UNITED STATES OF AMERICA', the denomination, and the mint mark surround the eagle.