Coin Specifications

Category: Liberty Head $2.50 (1840-1907)
Mint: Philadelphia
Mintage: 400
Catalog: KM-72
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 4.1800g
AGW: 0.1209oz
Melt Value: $157.15 (7/29/2014)
Diameter: 18mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1875 $2.5 MS obverse 1875 $2.5 MS reverse


  
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Description & Analysis

With coinage circulating less frequently in the economically depressed era of the mid-1870s, there was a greatly decreased need for more new coins in the channels of commerce. In fact, as one looks at the mintage for the various denominations of 1875 and 1876 it is apparent that most were reduced to mere token levels. Substantial numbers of lower denominated coins were struck in 1875, but that year was a modern historic lowpoint for the minting of business strike gold pieces. Of the six denominations only the double eagle has a substantial mintage. All the others are either very rare or extremely rare. Consider the mintages for these circulating denominations: one-dollar gold: 400, quarter eagle: 400, three-dollar: none, half eagle: 200, and eagle: 100. There are only three business strikes known in mint condition.

As mentioned, only 400 business strikes were minted, second lowest in the entire series, and only trailing the 1854-S. The date was never hoarded at the time of issue, apparently being passed by unrecognized as a potential great rarity by the public at large who presumably were more preoccupied with surviving the day-to-day uncertainties of the 1870s rather than keeping up with current, low-mintage gold coins. Akers estimates that only 15 to 20 pieces are extant today in all grades and the number and frequency of pieces offered for sale in the future is likely to be very limited.

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: 6/17/2014

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

1875 $2.5 MS
  GVGFVF4045505355586061626364656667686970
Base $ 2750 3000 4000 6000 8750 8750 11500 13000 19250 24500 31000 35000 45000 55000 95000 - - - - - -
$ 9500 12750 15000 21750 27500 34000 37500 50000 60000 105000 - - - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 27
Low Grade: 45
Average Grade: 55
High Grade: 61


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
9/23/2007 PCGS AU 55   Goldberg September 23-26, 2007 Pre-Long Beach Coin and Currency Auction, 42/Lot# 3220 $14,950.00
6/1/2008 PCGS AU 50   Teletrade Auction 2536, 2536/Lot# 2789 $9,632.00
1/3/2011 NGC AU 58   Stack's Bowers The January 2011 Tampa Bay Rarities Sale, 70/Lot# 1350 $18,975.00
10/13/2011 PCGS AU 58   Heritage Auctions 2011 October 13-16 US Coins Signature Auction #1160- Pittsburgh Session(3), 1160/Lot# 4728 $16,100.00
11/7/2011 NGC AU 58   Heritage Auctions 2011 November 7-9 US Coins Signature Auction - Beverly Hills Session(3), 1161/Lot# 4196 $16,100.00
7/12/2012 NGC AU 55   Heritage Auctions 2012 July 12-15 US Coin Summer FUN Signature Auction - Orlando Session(3), 1172/Lot# 4738 $13,800.00
8/2/2012 NGC AU 58   Heritage Auctions 2012 August 2-5 US Coins Signature Auction- Philadelphia Session(4), 1173/Lot# 5303 $15,275.00
5/25/2014 PCGS AU 55   GreatCollections GreatCollections Coin Auctions 05/25/2014, 183/Lot# 195138 $12,229.80


NGC Registry

NGC Registry Score 1875 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base2338246726012740288534474333500453085495575859226089654569517543101271231015231191901999920834
238125112647278830723742455651055370558258125977624166807148840410854132831655019459202770
00000045565105537055825812597762416680714884041085413283165501945900
00000047805206543256705867603363936815734592651158214257178701972900
1875 $2.5 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base2455258827272871302136014516520855215714598461536324679472107818104701270615694197392056621417
249926342775292132143906474653125585580460406210648069327412870211215137021704220014208490
00000047465312558558046040621064806932741287021121513702170422001400
00000049775416564958946096626766377071761595861196014698183902029000
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