Coin Specifications

Category: Classic Head $2.50 (1834-1839)
Mint: Philadelphia
Mintage: 47,030
Catalog: KM-56
Obverse Designer: William Kneass
Reverse Designer: William Kneass
Composition: Gold
Fineness: 0.8990
Weight: 4.1800g
AGW: 0.1208oz
Melt Value: $147.01 (9/21/2014)
Diameter: 18.2mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1838 $2.5 MS obverse 1838 $2.5 MS reverse


  
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VarietyPlus®

There are no varieties for this coin.

Description & Analysis

The 1838 Classic Head quarter eagles are very hard to locate in Mint State preservation and nearly impossible when of Choice or Gem quality. The mintage of this issue was pegged at 47,030 coins, with nearly all immediately entering circulation. This entire mintage was accomplished with just a single die pairing, so far as we know, for there has never been a second die variety of this date discovered.

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.

1838 $2.5 MS
  GVGFVF4045505355586061626364656667686970
Base $ 340 375 400 650 900 900 1525 1650 1800 3000 3875 4200 6800 12750 19500 56000 79000 107500 - - -
$ 1000 1650 1800 2000 3200 4100 4600 7500 14000 22500 62500 86000 117500 -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 276
Low Grade: VF
Average Grade: 55
High Grade: 67


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
3/29/2004 PCGS XF 45   Heritage Auctions 2004 March Portland, OR Bullet Sale #345, 345/Lot# 1230 $632.50
2/5/2006 NGC MS 64   Goldberg February 5-8, 2006 Pre-Long Beach Coin and Currency Auction, 34/Lot# 894 $13,800.00
6/5/2006 NGC VF 30   David Lawrence Rare Coins Internet Auction # 90, 95/Lot# 1111 $690.00
8/15/2011 NGC MS 61   Stack's Bowers The August 2011 Chicago ANA World's Fair of Money Auction, 115/Lot# 3701 $3,737.50
9/11/2012 NGC Details VF Details  Teletrade Auction 3345, 3345/Lot# 1170 $347.00
1/13/2013 PCGS VF 35   Heritage Auctions Internet Coin Auction Session(1), 131304/Lot# 20599 $675.63
1/8/2014 NGC MS 62   Heritage Auctions 2014 January 8 - 12 FUN US Coin Signature Auction - Orlando Session(5), 1201/Lot# 6418 $5,287.50
2/3/2014 PCGS AU 50   Heritage Auctions 2014 February 3 - 5 US Coins Signature Auction - New York Session(3), 1202/Lot# 4544 $1,410.00
8/31/2014 NGC XF 45   GreatCollections GreatCollections Coin Auctions 08/31/2014, 189/Lot# 216087 $800.00


NGC Registry

NGC Registry Score 1838 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base111631811105114161707194520872281240125853080404853677077842813748197372879642659
11211691891117215131786199221512321246227503402448759377527102011574422756334170
0000001513178619922151232124622750340244875937752710201157442275600
0000001610186520392216236125232915372549276507797711974177402577600
1838 $2.5 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base1111111111111111111111
1111111111111111111110
0000001111111111111100
0000001111111111111100
Registry Image Gallery
Grade: AU Details
Points: 854
Owner: B.L. Birdy
 
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