Coin Specifications

Category: Liberty Head $2.50 (1840-1907)
Mint: New Orleans
Mintage: 19,800
Catalog: KM-72
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 4.1800g
AGW: 0.1209oz
Melt Value: $148.59 (9/15/2014)
Diameter: 18mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1842 O $2.5 MS obverse 1842 O $2.5 MS reverse


  
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VarietyPlus®

There are no varieties for this coin.

Description & Analysis

The 1842-O began with a modest mintage of only 19,800 pieces, lowest among quarter eagles from the New Orleans Mint. Only 65-70 coins are believed extant in all grades, the '42-O ranking second in overall rarity among O-mint quarter eagles, second only to the 1845-O. The '42-O is also a significant condition rarity, and Winter (1992) states that 'the great majority of extant 1842-O Quarter Eagles grade Very Fine.'

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: 10/1/2013

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

1842 O $2.5 MS
  GVGFVF4045505355586061626364656667686970
Base $ 310 335 390 615 1200 1200 2450 3000 4100 7750 10500 12000 15250 31000 - - - - - - -
$ 1350 2650 3300 4400 8800 11500 13000 16750 34000 - - - - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 141
Low Grade: F
Average Grade: 50
High Grade: 64


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
11/18/1998 NGC VF 35   Teletrade Auction 1106, 1106/Lot# 1821 $553.88
2/11/2007 PCGS MS 62   Goldberg February 11-14, 2007 Pre-Long Beach Coin and Currency Auction, 39/Lot# 2131 $13,225.00
9/17/2008 PCGS MS 61   Heritage Auctions 2008 September Long Beach, CA US Coin Signature Auction #1116, 1116/Lot# 3256 $10,062.50
5/27/2009 NGC MS 62   Heritage Auctions 2009 May Long Beach, CA Signature US Coin Auction #1125, 1125/Lot# 1516 $8,050.00
8/7/2010 NGC AU 55   Stack's Bowers The August 2010 Boston Rarities Sale, 34/Lot# 1467 $1,840.00
12/8/2013 PCGS VF 35   GreatCollections GreatCollections Coin Auctions 12/08/2013, 104/Lot# 156705 $687.50


NGC Registry

NGC Registry Score 1842 O $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base58462967872978315832517314938214187465849355158565674318849152952211132474484085000851647
599645695747104918942727337339434344475050095324624779031099717567255653778548941505540
000000272733733943434447505009532462477903109971756725565377854894100
000000293835974065450148425083549068398376131461983929019430964947400
1842 O $2.5 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base6206678201271216928232862290039144419504053935598628678858305874291969667101551066211187
635718970157023872836287432384082462651575461582768198025845088939353982910324108370
00000028743238408246265157546158276819802584508893935398291032400
00000028873576425048335275552960567352816585969044951099921049300
Registry Image Gallery
Grade: AU 58
Points: 4658
Owner: Northwest Collection
 
Grade: XF Details
Points: 792
Owner: B.L. Birdy
 
View the Registry Image Gallery

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The Coinage of 1842: Part Two

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The Coinage of 1842: Part One

12/1/2006  — 1842 was a distinctive transition year for U.S. coin denominations, as David Lange demonstrates in the following retrospective.
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