Estimated grade. Sold by B. Max Mehl Jun '41 price realized $4.35
Ron Guth: The 1848 Quarter Dollar is a surprisingly tough date. It has one of the lowest mintages and the second smallest population (according to PCGS) of any of the dates from the 1840s. As one might expect, this date is hard to find in any condition, and is very scarce in Mint State. PCGS has certified only nine Uncirculated 1848 Quarters, the finest of which is a single PCGS MS65. In circulated grades, this date commands a small premium, and Mint State pricing does not appear as high as it should be considering how scarce this date actually is.
Eric P. Newman Numismatic Education Society - Heritage 11/2013:33365, $21,150
Harlan P. Smith Collection - S.H. & H. Chapman 5/1906:??? - John M. Clapp Collection - John H. Clapp Collection, sold intact in 1942 - Louis E. Eliasberg, Sr. Collection - Bowers & Merena 4/1997:1444, $15,400 - Stack's/Bowers 10/2014:10163, $11,750
Benson Collection - Goldbergs 2/2003:411, $4,485 - Eugene H. Gardner Collection - Heritage 10/2014:98361, $4,406.25 - Heritage 1/2015:3095, $5,170
Heritage 11/2014:3673, $4,259.38