Turban Or Capped Head Quarter Eagle Facts/History:
In the year 1796 the first Quarter Eagles were minted and these first $2.50 gold coins featured a Draped Bust Liberty wearing a Liberty Cap on the obverse, with a Heraldic Eagle with Shield on the reverse. It's this Liberty Cap and how the hair in flowing around it that has gained this design the nickname "Turban Head". This series and design lasted from 1796-1807.
The first year saw the delivery of approximately 1,395 examples of the Draped bust Quarter Eagle, and in three recognized varieties, BD-1, BD-2, BD-3 (BD = Bass-Dannreuther). Obviously, from the above mintage figures, this quarter eagle is exceedingly rare. Couple that with, all the gold coin melting through out the years, losses due to circulation or burying of collections and the government seizure of gold coinage in 1933, and one can only wonder just how many still remain in existence and how many await discovery. It's factual the number is very few.
Designer: Robert Scot
Diameter: 20 millimeters
Gold - 91.7%
Other - 8.3%
Weight: 67.5 grains (4.37 grams)
Mint mark: None (all examples of this date and type were struck at the Philadelphia, Pennsylvania Mint)