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Capped Bust Quarter

When the Capped Bust quarter made its debut in 1815, it had been eight years since the last U.S quarter, the Draped Bust type, had been struck. So after an eight-year absence, the quarter re-emerged with… a whimper. Only 89,235 Capped Bust quarters were struck in that first year of 1815. That’s not even half the production of the 1806 and 1807 quarter mintages! Much of the 1815 mintage went to the Planter’s Bank of New Orleans, one of the banks that had ordered quarters.

A fire at the U.S. Mint in January of 1816 destroyed much of the minting equipment used to strike silver coins. Consequently, no quarters were struck in 1816 and 1817. But once new minting equipment was put in place, quarter production resumed in 1818. This time there was a pretty healthy mintage of 361,174 quarters. But starting with 1819’s mintage of 144,000 quarters, the quarter production would remain low for the next ten years, never rising above 217,000 pieces for any year during that period.

The Capped Bust Quarter was minted in two varieties, which each carry different specifications. The first variety, known as “Large Diameter,” was issued from 1815 to 1828. The second variety, known “Reduced Diameter” or “Motto Removed,” was issued from 1831 to 1838.

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