Coin Specifications

Category: Classic Head $2.50 (1834-1839)
Mint: Philadelphia
Mintage: 45,080
Obverse Designer: William Kneass
Reverse Designer: William Kneass
Composition: Gold
Fineness: 0.9000
Weight: 4.1800g
AGW: 0.1208oz
Melt Value: $198.20 (3/29/2020)
Diameter: 18.2mm
Edge: Reeded
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1837 $2.5 MS obverse 1837 $2.5 MS reverse
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Description & Analysis

The 1837 quarter eagle issue by any measure is the rarest, most elusive, and priciest of the first four Classic Head quarter eagles, one that shows an extremely steep price/condition curve as the higher Mint State levels are ascended, from MS62 to MS63 to MS64 to MS65. The mintage was recorded at only 45,080 pieces--but Mint history makes it clear that to assume all of those coins were dated 1837 would be an enormous leap of faith. The nominal mintage is nonetheless several times less than the previous three years' issues.

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: 8/19/2019

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

1837 $2.5 MS
  GVGFVFXF505355586061626364656667686970
Base $ 450 525 725 900 1250 1500 1700 1900 2750 4000 6300 8000 16000 39000 77500 - - - - -
$ - - - - 3150 - - - - - 82500 - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 276
Low Grade: VF
Average Grade: 53
High Grade: 63

The chart showing VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series.
NGC CENSUS DETAIL Last Updated: 3/24/2020 1837 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----14254516334356914145-------274
-------------1--------1
----------1-----------1
-----------------------
Total----14254516334357914155-------276
 ----5%9%16%6%12%16%21%3%5%5%2%------- 
1837 $2.5 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------------1--------1
-----------------------
-----------------------
-----------------------
Total-------------1--------1
 -------------100%-------- 
1837 $2.5 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------------1--------1
-----------------------
-----------------------
-----------------------
Total-------------1--------1
 -------------100%-------- 

NGC Registry

NGC Registry Score 1837 $2.5 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base1111111111111111111111
1111111111111111111110
0000001111111111111100
0000001111111111111100
1837 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base111725900119316291969228124642710286029603238487658367543117401671924207356041
11242783997133817422073234225462760289330523784519664058942133991921528006356040
0000001742207323422546276028933052378451966405894213399192152800600
00000018552177240326282810292631454330551669741034115059217113180500
Registry Image Gallery
Grade: MS 62
Points: 3238
Owner: Desert Gold
 
Grade: AU 58
Points: 2760
Owner: HalfCentsAndMore
 
View the Registry Image Gallery

Related Articles

USA Coin Album: The Coinage of 1837, Part Four

2/11/2010 — This month, David W. Lange continues recalling a pivotal year in the history of United States coinage, with part four in his series.
View full article >


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