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: $150.80 (10/20/2014)
Diameter: 18mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1875 $2.5 MS obverse 1875 $2.5 MS reverse

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There are no varieties for this coin.

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.


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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
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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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.

Auction House
Sale / Lot
3/5/2001 PCGS VF 30   Teletrade Auction 1413, 1413/Lot# 1712 $3,692.50
9/6/2004 NGC AU 58   Goldberg September 6-7, 2004 Pre-Long Beach Coin Auction, 26/Lot# 1542 $14,375.00
2/11/2007 PCGS AU 58   Goldberg February 11-14, 2007 Pre-Long Beach Coin and Currency Auction, 39/Lot# 2184 $19,550.00
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
3/20/2014 NGC AU 58   Heritage Auctions 2014 March 20 The Collection of Donald E. Bently - Bently Foundation US Coins Signature Auction - San Francisco Session(1), 1205/Lot# 30288 $16,450.00
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
1875 $2.5 MS Prooflike
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