Coin Specifications

Category: Early $2.50 (1796-1834)
Mint: Philadelphia
Mintage: 3,035
Catalog: KM-27
Obverse Designer: Robert Scot
Reverse Designer: Robert Scot
Composition: Gold
Fineness: 0.9160
Weight: 4.3700g
AGW: 0.1287oz
Melt Value: $156.25 (10/2/2014)
Diameter: 20mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1802 $2.5 MS obverse 1802 $2.5 MS reverse


  
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VarietyPlus®

There are no varieties for this coin.

Description & Analysis

There exist three known die combinations for the quarter eagles of 1802, and all share a common obverse die that is routinely called an overdate. However, its status as an overdated die is highly questionable. As John Dannreuther notes in Early U.S. Gold Coin Varieties: 'The fact that there were no quarter eagles dated 1799, 1800, or 1801 should lend credence to the overdate status of the 1802, but most researchers have come to the conclusion that whatever is under the 2 is not the vestiges of a 1.' Dannreuther continues: 'Some have suggested the calling of this quarter eagle an overdate is due to the obvious 1802/1 half eagle--an analogy easily seen. A defective 2 punch or break is now considered the likely culprit for the '1' below the 2 in the date.'

Although all quarter eagles from 1796 (With Stars) through 1807 are considered a single design type, Draped Bust With Stars, with the Heraldic Eagle reverse, there are actually six different subtypes, highly unusual with only 13 known die marriages for this series. The subtypes include: the 1804 14 Stars reverse, 1796 with eight obverse stars on each side, 1797 with obverse stars arranged seven by six and with 16 reverse stars, 1798 with obverse stars arranged six by seven, 1802, 1804, and 1806/4, all with obverse stars arranged eight by five, and 1805, 1806/5, and 1807, all with seven by six obverse stars.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 9/11/2014

Click on a price to see historical prices, comparison charts and trends.

1802 $2.5 MS
  GVGFVF4045505355586061626364656667686970
Base $ 2750 3600 6150 8000 14750 14750 20500 21750 24500 26000 35750 38000 54000 82500 155000 265000 - - - - -
$ 16000 21250 23000 25500 31000 37500 40750 58500 90000 175000 300000 - - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 72
Low Grade: VF
Average Grade: 58
High Grade: 65


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
5/31/2004 NGC MS 63   Goldberg May 31 - June 2, 2004 Pre-Long Beach Coin and Currency Auction, 25/Lot# 2397 $50,600.00
4/28/2009 NGC MS 62   Heritage Auctions 2009 April-May Cincinnati, OH (CSNS) US Coin Auction #1124, 1124/Lot# 2669 $32,200.00
1/6/2011 NGC AU 58   David Lawrence Rare Coins Thursday - Internet Auction # 547, 554/Lot# 5059 $21,562.50
5/29/2011 NGC MS 62   Bonhams Coins and Banknotes, 19158/Lot# 1177 $31,590.00
2/28/2012 PCGS MS 65   Stack's Bowers The March 2012 Baltimore Auction, 135/Lot# 7395 $2,530.00
7/11/2013 NGC AU 58   Heritage Auctions 2013 July 11 - 14 US Coins Signature Auction - Orlando Session(1), 1187/Lot# 3294 $30,550.00
1/8/2014 PCGS Genuine AU   Heritage Auctions 2014 January 8 - 12 FUN US Coin Signature Auction - Orlando Session(5), 1201/Lot# 6410 $5,875.00
2/9/2014 PCGS AU 53   GreatCollections GreatCollections Coin Auctions 02/09/2014, 171/Lot# 167840 $19,251.10
3/20/2014 NGC AU 50   Heritage Auctions 2014 March 20 The Collection of Donald E. Bently - Bently Foundation US Coins Signature Auction - San Francisco Session(1), 1205/Lot# 30205 $16,450.00
8/6/2014 PCGS XF 45   Stack's Bowers August 2014 Chicago ANA, 6014/Lot# 13177 $15,275.00


NGC Registry

NGC Registry Score 1802 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base231925973038368345506190633464737157755380828400864492231135413281173621960922065247412765030805
24112744325339725096623863806701728977298188848188379933119961464118111204272295725710287010
0000006380670172897729818884818837993311996146411811120427229572571000
00000064266929742179058294856290301064312638160011886021246238492668000
1802 $2.5 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base243527223179384547406428657767207422782983728699894995431172713700178722016722674254032836931584
253028743401414353026477662469547557801084818782914710271123841509018637210022358326391294400
00000066246954755780108481878291471027112384150901863721002235832639100
00000066727188769381918590886593451099913042164811940221838244932738000
Registry Image Gallery
Grade: MS 62
Points: 9223
Owner: American Independence Collection
 
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