The 1838 Capped Bust Quarter (25C) is an important coin in U.S. numismatics, known for its distinctive design and historical significance. The designation PCGS Genuine Gouged – XF Detail indicates that the coin has been graded by the Professional Coin Grading Service (PCGS) but has been marked as “genuine” due to an issue with its surface.
Key Features:
- Design:
- Obverse: Features the Capped Bust design, showing Liberty facing left, wearing a cap and surrounded by the inscription “LIBERTY” and the date “1838.”
- Reverse: Displays an eagle with outstretched wings, holding arrows and an olive branch, along with the inscription “UNITED STATES OF AMERICA” and the denomination “25 C.”
- Composition: Made of 90% silver and 10% copper.
- Diameter: Approximately 24.3 mm.
- Grade:
- PCGS Genuine: Indicates that the coin is genuine but has been altered or damaged. In this case, the designation “Gouged” suggests that there are noticeable gouges or cuts on the surface, impacting its overall value and appeal.
- XF Detail: “Extra Fine” detail suggests that the coin has a good amount of detail remaining, with some wear but still showing much of its original design.
Market Appeal:
Coins graded as “Genuine” due to alterations or damage may have a lower market value compared to unaltered coins in the same grade. However, collectors often appreciate them for their historical significance and for what they represent in the context of coin collecting. The Capped Bust series is particularly popular among enthusiasts of U.S. coins, making the 1838 quarter a noteworthy piece despite its condition.
