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: $132.54 (7/28/2015)
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 NGC 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: 11/10/2014

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

1838 $2.5 MS
  GVGFVFXF5053555861626364656667686970
Base $ 340 375 400 650 900 1525 1650 1800 3000 4200 6900 12750 19500 56000 79000 107500 - - -
$ 1000 1650 1800 2000 3200 4600 7500 14000 22500 62500 86000 117500 -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Census

 
NGC GRADE SUMMARY

Total Graded: 284
Low Grade: VF
Average Grade: 55
High Grade: 67


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
7/28/2015 XF 45   Heritage Auctions Internet Coin Auction Session(2), 131530/Lot# 27933
8/16/2015 AU 55   Heritage Auctions 2015 August 12 - 16 ANA US Coins Signature Auction - Chicago Session(5), 1223/Lot# 6032


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
5/31/2004 PCGS XF 45   Goldberg May 31 - June 2, 2004 Pre-Long Beach Coin and Currency Auction, 25/Lot# 2409 $632.50
6/5/2006 NGC VF 30   David Lawrence Rare Coins Internet Auction # 90, 95/Lot# 1111 $690.00
1/3/2007 NGC MS 65   Heritage Auctions 2007 January Orlando, FL (FUN) Signature Coin Auction #422, 422/Lot# 3402 $33,350.00
4/27/2011 NGC XF 45   Heritage Auctions 2011 April Rosemont CSNS Signature & Platinum Night US Coin Auction Session(7), 1154/Lot# 11932 $690.00
1/14/2013 NGC XF 40   Teletrade Auction 3413, 3413/Lot# 2884 $400.00
4/20/2014 NGC VF 30   Heritage Auctions Internet Coin Auction Session(2), 131417/Lot# 23034 $616.88
7/11/2014 PCGS XF 40   Stack's Bowers August 2014 Chicago ANA, 6014/Lot# 6920 $675.63
8/31/2014 NGC XF 45   GreatCollections GreatCollections Coin Auctions 08/31/2014, 189/Lot# 216087 $800.00
11/14/2014 NGC MS 61   Heritage Auctions 2014 November 14 - 15 Selections from the Eric P. Newman Collection Part V US Coins Signature Auction - New York Session(1), 1215/Lot# 3208 $3,055.00


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: MS 62
Points: 3080
Owner: HalfCentsAndMore
 
Grade: AU Details
Points: 854
Owner: B.L. Birdy
 
View the Registry Image Gallery

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