Coin Specifications

Category: Liberty Head $2.50 (1840-1907)
Mint: San Francisco
Mintage: 15,200
Catalog: KM-72
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 4.1800g
AGW: 0.1209oz
Melt Value: $156.61 (4/19/2014)
Diameter: 18mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1859 S $2.5 MS obverse 1859 S $2.5 MS reverse


  
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There are no varieties for this coin.

Description & Analysis

In November 1858, the Philadelphia Mint shipped six quarter eagle obverse dies to its branch mint in San Francisco. These were combined with leftover reverse dies from 1856 to produce the 15,200 1859-S quarter eagles. Like most S-mint issues of the era, the majority of these pieces entered circulation and suffered a catastrophic attrition rate. If the story ended there, the '59-S quarter eagle would simply take its place as yet another early western gold coin that is inconspicuous by its rarity. Modern numismatists, however, have attached importance and charm to all S-mint issues of 1859. There is little doubt that this added fame stems, in part, from the 1859-S Seated dollar issue. The first of its kind struck at the west coast facility, this issue opened an era of close trade relations with the Orient that would increase in intensity over the next several decades. While the silver dollar is an important and respected coin in its own right, we feel that it has limited, not enhanced, the respect due its quarter eagle counterpart.

Knowledgeable gold collectors realize that this issue is one of the most underrated in the entire gold series.

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.

1859 S $2.5 MS
  GVGFVF4045505355586061626364656667686970
Base $ 390 450 525 600 1175 1175 2050 2275 2750 3750 6600 7500 9000 18000 - - - - - - -
$ 1375 2250 2450 3050 4100 7250 8200 10500 20000 - - - - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 87
Low Grade: VG
Average Grade: 53
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
1/22/1997 NGC AU 55   Teletrade Auction 0913, 913/Lot# 1763 $1,582.50
7/26/2003 NGC AU 58   Heritage Auctions 2003 July Baltimore, MD. Signature Sale #328, 328/Lot# 10143 $3,795.00
8/18/2004 NGC AU 58   Heritage Auctions 2004 August Pittsburgh, PA Signature Sale #352, 352/Lot# 7156 $3,335.00
10/4/2007 NGC AU 55   David Lawrence Rare Coins Thursday - Internet Auction # 183, 189/Lot# 6821 $2,530.00
3/16/2008 NGC AU 50   Heritage Auctions Sunday Internet Coin Auction #68034, 68034/Lot# 64902 $1,897.50
5/25/2008 NGC AU 58   Goldberg May 25-27, 2008 Pre-Long Beach Coin and Currency Auction, 47/Lot# 4568 $2,990.00
11/3/2010 NGC AU 55   Stack's Bowers The November 2010 Baltimore Auction, 44/Lot# 4881 $1,553.65
4/24/2013 NGC AU 58   Heritage Auctions 2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago Session(7), 1184/Lot# 5517 $2,845.85
10/6/2013 PCGS VF 30   GreatCollections GreatCollections Coin Auctions 10/06/2013, 95/Lot# 142539 $594.00


NGC Registry

NGC Registry Score 1859 S $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base53757962767472514502250280731783396369038684141469459227317120491718624920367043800939348
5515956426919661716243529303250349437493959432551036387889413761197642884837139384550
00000024352930325034943749395943255103638788941376119764288483713900
000000262130543323359238084050450955126852104711547322342327763757400
1859 S $2.5 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base597646695925121718952257256132943679416644474646533865746942732577238137856890159479
6136627711022144320152358280534223841425945134876575066967069745778618280871791690
0000002358280534223841425945134876575066967069745778618280871700
0000002459304935504003435345795107616268197197759079998424886600
Registry Image Gallery
Grade: AU 55
Points: 3396
Owner: Desert Gold
 
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