Coin Specifications

Category: Classic Head $2.50 (1834-1839)
Mint: Philadelphia
Mintage: 45,080
Catalog: KM-56
Obverse Designer: William Kneass
Reverse Designer: William Kneass
Composition: Gold
Fineness: 0.8990
Weight: 4.18g
AGW: 0.1208oz
Melt Value: $163.59 (7/29/2016)
Diameter: 18.2mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1837 $2.5 MS obverse 1837 $2.5 MS reverse


  
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VarietyPlus®

There are no NGC varieties for this coin.

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: 3/9/2016

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

1837 $2.5 MS
  GVGFVFXF505355586061626364656667686970
Base $ 350 400 600 725 1150 1650 2100 2350 3400 4900 5400 7750 17000 35000 76250 - - - - -
$ 1275 - 2200 2450 3550 5350 - - - - 80000 - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 262
Low Grade: VF
Average Grade: 53
High Grade: 63


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
5/3/2000 NGC AU 50   Teletrade Auction 1303, 1303/Lot# 1917 $685.75
9/14/2008 NGC MS 60   Goldberg September 14-16, 2008 Pre-Long Beach Coin Auction, 48/Lot# 1365 $4,370.00
4/28/2010 PCGS AU 58   Heritage Auctions 2010 April-May Milwaukee, WI CSNS US Coin Auction #1139, 1139/Lot# 3446 $2,530.00
8/15/2011 NGC XF 45   Stack's Bowers The August 2011 Chicago ANA World's Fair of Money Auction, 115/Lot# 3700 $1,035.00
2/7/2013 NGC AU 55   Heritage Auctions 2013 February 7 -8 & 10 US Coin Signature Auction - Long Beach Session(4), 1182/Lot# 4741 $1,762.50
8/11/2013 NGC VF 30   David Lawrence Rare Coins Internet Auction # 764, 773/Lot# 763 $800.00
1/8/2014 PCGS MS 63   Heritage Auctions 2014 January 8 - 12 FUN US Coin Signature Auction - Orlando Session(5), 1201/Lot# 6417 $11,750.00
2/9/2014 PCGS Genuine XF   GreatCollections GreatCollections Coin Auctions 02/09/2014, 171/Lot# 170717 $489.50


NGC Registry

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

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USA Coin Album: The Coinage of 1837, Part Four

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