Coin Specifications

Category: Liberty Head $2.50 (1840-1907)
Mint: Philadelphia
Mintage: 98,508
Catalog: KM-72
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 4.1800g
AGW: 0.1209oz
Melt Value: $156.75 (7/30/2014)
Diameter: 18mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1862 $2.5 MS obverse 1862 $2.5 MS reverse


Images courtesy of Heritage Auctions (HA.com)
  
Expand All    Collapse All

VarietyPlus®


Click on a coin to see VarietyPlus details.

Description & Analysis

The certainty of an early Civil War victory for the Union turned into doubt and dismay in the North during 1862, with a series of Confederate victories--chiefly the Seven Days Battles and the Second Battle of Bull Run (Second Manassas)--in the spring and summer leaving the conflict's outcome unpredictable. The populace predictably turned to hoarding, beginning with gold and silver coins, which promptly disappeared from circulation. Banks suspended specie payments in 1861-62. By the second week of July 1862, Indian Head cents and other minor currency was gone from commerce as well, replaced by scrip, fractional currency, and private tokens, including the historic Civil War tokens with patriotic themes and merchant store cards.

In the case of the P-mint quarter eagles, production dropped from more than 1.2 million pieces in 1861 to 98,508 business strikes in 1862. Pieces in the higher Mint State grades are seldom encountered, and the average certified grade is only about AU55.

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: 10/1/2013

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

1862 $2.5 MS
  GVGFVF4045505355586061626364656667686970
Base $ 270 280 315 400 825 825 1575 1800 2050 3450 4200 5050 6900 11750 20500 - - - - - -
$ 900 1750 1975 2250 3850 4600 5750 7700 12750 22500 - - - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 233
Low Grade: VF
Average Grade: 55
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
7/27/2002 PCGS MS 63   Heritage Auctions 2002 July New York, NY Signature Sale #296, 296/Lot# 8990 $2,875.00
9/12/2005 NGC AU 58   Teletrade Auction 2091, 2091/Lot# 2686 $756.00
5/28/2008 PCGS MS 63   Heritage Auctions 2008 May Long Beach, CA Signature Auction #1108, 1108/Lot# 3019 $6,612.50
6/2/2010 PCGS AU 58   Heritage Auctions 2010 June Long Beach, CA Signature US Coin Auction #1140, 1140/Lot# 1527 $3,335.00
6/17/2010 NGC AU 53   David Lawrence Rare Coins Thursday - Internet Auction # 489, 495/Lot# 5509 $1,667.50
12/27/2010 PCGS MS 63   Teletrade Auction 2985, 2985/Lot# 2001 $7,590.00
5/30/2012 NGC AU 58   Stack's Bowers The June 2012 Baltimore Auction, 137/Lot# 4189 $4,700.00
3/30/2014 NGC   GreatCollections GreatCollections Coin Auctions 03/30/2014, 184/Lot# 165634 $742.50


NGC Registry

NGC Registry Score 1862 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base3814154504875277259161081129914271601170718862464300944586579954114055210102187522766
3924264625005937889711153134114851636176620782645349251657566110451637321298221720
000000971115313411485163617662078264534925165756611045163732129800
0000001026122613841543167118262271282739755872855312550186912158600
1862 $2.5 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base54458862972988413211594182525282888333635943922449152776665703674237825824486789130
558601662780102914121671205926483037342237034111475357396788716575577964838888280
0000001671205926483037342237034111475357396788716575577964838800
0000001748229327683186350838124301501562026912729476918104853300
Registry Image Gallery
Grade: AU 55
Points: 1427
Owner: Desert Gold
 
Grade: AU Details
Points: 541
Owner: B.L. Birdy
 
View the Registry Image Gallery

Related Articles

There are no related articles for this coin.

NGC Auction Central Disclaimer