Coin Specifications

Category: Classic Head $2.50 (1834-1839)
Mint: Philadelphia
Mintage: 45,080
Catalog: KM-56
Obverse Designer: William Kneass
Reverse Designer: William Kneass
Composition: Gold
Fineness: 0.8990
Weight: 4.1800g
AGW: 0.1208oz
Melt Value: $146.99 (9/19/2014)
Diameter: 18.2mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1837 $2.5 MS obverse 1837 $2.5 MS reverse


  
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VarietyPlus®

There are no varieties for this coin.

Description & Analysis

The 1837 quarter eagle issue by any measure is the rarest, most elusive, and priciest of the first four Classic Head quarter eagles, one that shows an extremely steep price/condition curve as the higher Mint State levels are ascended, from MS62 to MS63 to MS64 to MS65. The mintage was recorded at only 45,080 pieces--but Mint history makes it clear that to assume all of those coins were dated 1837 would be an enormous leap of faith. The nominal mintage is nonetheless several times less than the previous three years' issues.

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: 8/27/2014

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

1837 $2.5 MS
  GVGFVF4045505355586061626364656667686970
Base $ 340 385 580 725 1150 1150 1650 1775 2050 3100 4900 5400 7750 17500 31500 70000 - - - - -
$ 1275 1850 2000 2300 3300 5350 5800 8500 19500 45000 78000 - - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 261
Low Grade: VF
Average Grade: 53
High Grade: 63


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
11/6/2007 NGC MS 61   Heritage Auctions 2007 November Dallas, TX US Coin Signature Auction #452, 452/Lot# 1849 $5,318.75
1/9/2008 NGC AU 55   Heritage Auctions 2008 January Orlando, FL (FUN) Signature Coin Auction #454, 454/Lot# 3789 $2,300.00
9/14/2008 NGC AU 55   Goldberg September 14-16, 2008 Pre-Long Beach Coin Auction, 48/Lot# 1366 $1,437.50
2/28/2012 PCGS AU 55   Stack's Bowers The March 2012 Baltimore Auction, 135/Lot# 7285 $2,185.00
11/20/2012 NGC Details XF Details  Teletrade Auction 3385, 3385/Lot# 1276 $393.00
8/11/2013 NGC VF 30   David Lawrence Rare Coins Internet Auction # 764, 773/Lot# 763 $800.00
1/8/2014 PCGS MS 63   Heritage Auctions 2014 January 8 - 12 FUN US Coin Signature Auction - Orlando Session(5), 1201/Lot# 6417 $11,750.00
2/9/2014 PCGS   GreatCollections GreatCollections Coin Auctions 02/09/2014, 171/Lot# 170717 $489.50


NGC Registry

NGC Registry Score 1837 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base111725900119316291969228124642710286029603238487658367543117401671924207356041
11242783997133817422073234225462760289330523784519664058942133991921528006356040
0000001742207323422546276028933052378451966405894213399192152800600
00000018552177240326282810292631454330551669741034115059217113180500
1837 $2.5 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base1111111111111111111111
1111111111111111111110
0000001111111111111100
0000001111111111111100
Registry Image Gallery
Grade: MS 62
Points: 3238
Owner: Desert Gold
 
Grade: XF Details
Points: 597
Owner: B.L. Birdy
 
View the Registry Image Gallery

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USA Coin Album: The Coinage of 1837, Part Four

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