Coin Specifications

Category: Early $2.50 (1796-1834)
Mint: Philadelphia
Mintage: 4,540
Catalog: KM-49
Obverse Designer: John Reich
Reverse Designer: John Reich
Composition: Gold
Fineness: 0.9160
Weight: 4.3700g
AGW: 0.1287oz
Melt Value: $161.30 (10/21/2014)
Diameter: 18.2mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1830 $2.5 MS obverse 1830 $2.5 MS reverse


  
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VarietyPlus®

There are no varieties for this coin.

Description & Analysis

From 1829 until 1834, only one die variety of each Capped Head quarter eagle issue was minted. The diameter was reduced slightly from the earlier Capped Head issues coined from 1821 to 1827. Each year saw a limited production that ranged from a low of 3,403 coins in 1829 to a high of 4,540 coins the following year. The average production was 4,170 coins. New technology was introduced at that time, providing a more uniform diameter and appearance to the coin through the used of a closed color that imparted a reeded edge at the same time the coin was struck, eliminating the separate step of imparting the edge device before striking. Mint Director Samuel Moore stated that the new closed collar provided a 'mathematical equality' to the coins.

Throughout the 1820s and into the 1830s, the price of gold increased to a point where the gold value was greater than the face value, inspiring people who had them to melt them down for their gold content. Today, the result of those actions is that few examples survive today, although those that do survive are apt to be in higher grades since they clearly did not circulate.

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: 8/27/2014

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

1830 $2.5 MS
  GVGFVF4045505355586061626364656667686970
Base $ 2050 2900 5250 6600 9400 9400 14400 15500 16500 18900 22000 24200 32750 40850 59750 107500 177500 - - - -
$ 11100 15000 16000 18000 20200 23600 26000 34400 44000 66000 122500 192500 - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 43
Low Grade: 50
Average Grade: 61
High Grade: 65


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
11/15/2014 MS 62   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# 3199
11/15/2014 MS 62   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# 3198


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
11/15/2001 PCGS MS 63   Heritage Auctions 2001 November Santa Clara Signature Sale #275, 275/Lot# 6264 $12,650.00
2/11/2007 NGC MS 64   Prooflike Goldberg February 11-14, 2007 Pre-Long Beach Coin and Currency Auction, 39/Lot# 2114 $37,950.00
2/10/2008 NCS XF 40   Goldberg February 10-13, 2008 Pre-Long Beach Coin and Currency Auction, 44/Lot# 2290 $3,600.00
7/30/2008 PCGS AU 58   Heritage Auctions 2008 July-August Baltimore, MD (ANA) US Coin Signature Auction #1114, 1114/Lot# 1896 $16,100.00
4/24/2013 NGC Details UNC Details  Heritage Auctions 2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago Session(7), 1184/Lot# 5471 $17,625.00
8/6/2014 PCGS AU 53   Stack's Bowers August 2014 Chicago ANA, 6014/Lot# 11025 $12,925.00


NGC Registry

NGC Registry Score 1830 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base264428643098334536393952434746944912504952435367546657476248719885601003311951144781785022410
27172942318034433743408344624766495751135284540055595914656476529051106721279315602193700
0000004462476649575113528454005559591465647652905110672127931560200
0000004578483950035178532554335653608168818106954211311136351672600
1830 $2.5 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base277229993241349638004123453148885113525454545582568459736488746588631037412339149241837123026
28473079332635973907425946504963516053205496561657806144681379319366110291320016073199220
0000004650496351605320549656165780614468137931936611029132001607300
0000004769503852075387553956505876631671398397987011684140621722200
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