Coin Specifications

Category: Early $2.50 (1796-1834)
Mint: Philadelphia
Mintage: 6,448
Catalog: KM-46
Obverse Designer: John Reich
Reverse Designer: John Reich
Composition: Gold
Fineness: 0.9160
Weight: 4.3700g
AGW: 0.1287oz
Melt Value: $165.19 (8/27/2014)
Diameter: 18.5mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1821 $2.5 MS obverse 1821 $2.5 MS reverse


  
Expand All    Collapse All

VarietyPlus®

There are no varieties for this coin.

Description & Analysis

It had been 13 years since the last quarter eagles were coined until this denomination was resumed again. Production remained low with 6,448 quarter eagles produced in 1821, and this mintage was more than one-third the total output for the entire design from 1821 through 1827. Based on mintage figures alone, the rarity of the entire type can be seen, with just 17,042 pieces struck during that period. But the mintage was not everything, as John Dannreuther points out: 'Besides the usual factors that remove coins from circulation--wear, loss, and so on--the early gold issues faced another factor that doomed many of them. Pre-1834 old coins were melted after the June 28, 1834 passage of the act reducing the weight of gold coins.'

After John Reich left the Mint, Robert Scot was the only engraver that remained, and it is he who is given credit for this design, actually a modification of Reich's earlier design. Scot is a mysterious figure among the various chief engravers who served the Mint over the years. He received his appointment to the Mint staff on November 23, 1793, and remained until his death in late 1823. Many years earlier, at about the time John Reich joined the Mint, Scot's future potential had been discussed by Mint Director Patterson who stated that he was 'so advanced in life, that he cannot very long be expected to continue his labors.' At the time, Robert Scot was 62 years old, and Patterson was 64!

The 1821 quarter eagle is the first issue of this design, and the entire mintage is from a single die pair. The first examples were proofs, struck from polished dies. Because so few business strikes were coined after the proofs, nearly all have reflective surfaces as on this coin.

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


GRADE SUMMARY

Loading... Working...

Use the scroll bar at the bottom of this box to view a summary of the NGC Price Guide, NGC Census, Auction Prices Realized and NGC Registry Scores for each grade.

There was no data found for this Coin.

Select Designation

 
NGC PRICE GUIDE
NGC CENSUS*
AUCTION PRICES REALIZED
NGC REGISTRY
SCORE

Select Grade

*To view the Census details for this coin, please sign in or sign up.

Price Guide

Last Updated: 8/13/2013

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

1821 $2.5 MS
  GVGFVF4045505355586061626364656667686970
Base $ 2775 3875 5900 7650 11100 11100 16880 18300 20150 25630 31000 36800 50900 75000 130000 - - - - - -
$ 12750 18200 19700 21600 27700 34000 39100 55000 87000 160000 - - - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 20
Low Grade: 45
Average Grade: 58
High Grade: 66


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
1/9/2008 NGC AU 50   Heritage Auctions 2008 January Orlando, FL (FUN) Signature Coin Auction #454, 454/Lot# 3070 $14,375.00
9/14/2008 PCGS MS 64   Goldberg September 14-16, 2008 Pre-Long Beach Coin Auction, 48/Lot# 1227 $149,500.00
1/5/2011 NGC AU 58   Heritage Auctions 2011 January Tampa FUN Signature & Platinum Night US Coin Auction Session(3), 1151/Lot# 5022 $20,700.00
2/22/2013 PCGS XF 40   Stack's Bowers The March 2013 Baltimore Auction, 181/Lot# 2137 $12,925.00
7/27/2013 NGC AU 55   Stack's Bowers The August 2013 Chicago ANA World's Fair of Money , 192/Lot# 4441 $19,975.00
8/6/2014 PCGS AU 55   Stack's Bowers August 2014 Chicago ANA, 6014/Lot# 11017 $21,737.50


NGC Registry

NGC Registry Score 1821 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base2731295531943447381741724578493554475747615364006545707781531035212639157101988725648337051
2805303432783570393543074697510555475882623564486722743588861111413662171022180728333337050
000000469751055547588262356448672274358886111141366217102218072833300
000000481652765647601763176496689977949619118761468618494237273101900
1821 $2.5 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base2861309433403601398443504769513756645973639166446794734084451070113043161842045026328345371
2938317634273728410644894891531257676112647566946976770891971148114090176062240929064345370
000000489153125767611264756694697677089197114811409017606224092906400
000000501454885870625165596744715880769949122621513719028243683180000
Registry Image Gallery

No Images Found

Related Articles

There are no related articles for this coin.

NGC Auction Central Disclaimer