Coin Specifications

Category: Liberty Head $2.50 (1840-1907)
Mint: Philadelphia
Mintage: 30
Catalog: KM-72
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 4.1800g
AGW: 0.1209oz
Melt Value: $144.61 (12/28/2014)
Diameter: 18mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1863 $2.5 PF obverse 1863 $2.5 PF reverse


Images courtesy of Heritage Auctions (HA.com)
  
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VarietyPlus®

There are no varieties for this coin.

Description & Analysis

From a proof-only mintage of just 30 pieces, the 1863 quarter eagle is one of the classic rarities among U.S. gold coins of any denomination. Among Liberty Head quarter eagles, only the 1841 and 1854-S emissions are considered on par with this storied date. Any offering of an 1863 quarter eagle is a noteworthy occasion for advanced collectors of this popular series.

The rarity and importance of the 1863 quarter eagle were recognized almost as soon as the coins were issued. In the sale of the John F. McCoy Collection (Woodward, 5/1864), lot 1992 featured a gold proof set of 1863. Woodward disclosed:

'1863 Proof set, with 10 Dollar Piece, and four smaller denominations. Of the Quarter Eagle of 1863, I have positive knowledge that only 30 pieces were struck, hence this coin is now one of the rarest of the series. I am also assured that the 3 Dollar Piece is scarcely less rare.'

The lot realized $72.50 to William A. Lilliendahl, a tremendous price at the time, since the coins were only minted the year before. By 1883, Harold P. Newlin estimated about the 1863 'not half a dozen of these are now known to collectors.' Of course, a few more specimens have surfaced since Newlin's time. In their Encyclopedia of U.S. Gold Coins 1795-1933, Jeff Garrett and Ron Guth estimate a surviving population of 15-20 examples of this date in all grades. This is only the third time Heritage has been privileged to offer an 1863 quarter eagle in any of our auctions since 1993.

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: 10/29/2013

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

1863 $2.5 PF
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - - - - - 47500 77500 - - - - -
1863 $2.5 PF Cameo
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - - - 52000 58000 - - - - - - -
$ - - - - - - - 56000 63500 - - - - -
1863 $2.5 PF Ultra Cameo
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - - - - - 83000 155000 225000 - - - -
$ - - - - - - - - - 90000 165000 250000 - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 7
Low Grade: 63
Average Grade: 64
High Grade: 67


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
1/3/2007 NGC PF 66   Ultra Cameo Heritage Auctions 2007 January Orlando, FL (FUN) Signature Coin Auction #422, 422/Lot# 3107 $149,500.00
10/13/2011 NGC PF 63   Cameo Heritage Auctions 2011 October 13-16 US Coins Signature Auction #1160- Pittsburgh Session(3), 1160/Lot# 4759 $57,500.00
11/7/2011 PCGS PF 60   Heritage Auctions 2011 November 7-9 US Coins Signature Auction - Beverly Hills Session(3), 1161/Lot# 4207 $40,250.00
4/18/2013 NGC PF 61   Heritage Auctions 2013 April 1809 & 22-23 CICF World & Ancient Coins Signature Auction - Chicago Session(4), 3024/Lot# 25576 $2,585.00
3/20/2014 PCGS Genuine Proof AU   Heritage Auctions 2014 March 20 The Collection of Donald E. Bently - Bently Foundation US Coins Signature Auction - San Francisco Session(1), 1205/Lot# 30300 $23,500.00


NGC Registry

NGC Registry Score 1863 $2.5 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base1111111145655656682074317704796084289234105151152912757144591661919389
111111115224928604470237522778981168696966110853119381332415179175420
00000011522492860447023752277898116869696611085311938133241517900
000000130435292643272277613787482728965100881119112347138911589900
1863 $2.5 PF Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base111111115264647377568428884995881051511529127571391416021184262151025513
11111111755566769007980856890959897108531193813142146161682219454228440
0000001175556676900798085689095989710853119381314214616168221945400
00000013509607073288204870893411020611191123471352815318176242048200
1863 $2.5 PF Ultra Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base1111111159517271866793959971106661152912378140621525217334111
11111111984639177368909958710202109531181212939144581594617334110
00000011984639177368909958710202109531181212939144581594617334100
00000013967683182019152977910434112411209513500148551664017334100
Registry Image Gallery

No Images Found

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