Coin Specifications

Category: Classic Head $2.50 (1834-1839)
Mint: Charlotte
Mintage: 7,880
Catalog: KM-56
Obverse Designer: William Kneass
Reverse Designer: William Kneass
Composition: Gold
Fineness: 0.8990
Weight: 4.18g
AGW: 0.1208oz
Melt Value: $161.63 (9/27/2016)
Diameter: 18.2mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1838 C $2.5 MS obverse 1838 C $2.5 MS reverse


  
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VarietyPlus®

There are no NGC varieties for this coin.

Description & Analysis

Jeff Garrett: This is the lowest mintage of the entire type and the only Classic Head quarter eagle with fewer than 10,000 coins struck. In the 1838 the Charlotte Mint began operations, taking advantage of nearby sources of gold. A single pair of dies was used to strike the first quarter eagles, and each coin shows crisp doubling of the mintmark, which at that time was on the obverse of the coins. Striking quality for this date is mixed, with many coins showing waviness on the cheek, presumably from a foreign substance adhering to the dies. Mint State examples are extremely rare, with only a dozen at that level graded by NGC. The finest example of the date was an NGC MS 64 that sold in 2000 for $34,500.

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.

1838 C $2.5 MS
  GVGFVFXF505355586061626364656667686970
Base $ 625 750 1350 2700 4900 10750 12250 14600 21500 27750 31750 37500 55000 80000 - - - - - -
$ 5750 - - - - 30000 - 40000 - - - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 64
Low Grade: 40
Average Grade: 55
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
2/1/2009 NGC MS 61   Goldberg February 1-4, 2009 Pre-Long Beach Coin and Currency Auction, 51/Lot# 1345 $19,550.00
8/15/2011 NGC AU 55   Stack's Bowers The August 2011 Chicago ANA World's Fair of Money Auction, 115/Lot# 9178 $9,200.00
5/30/2012 NGC AU 50   Stack's Bowers The June 2012 Baltimore Auction, 137/Lot# 4130 $6,037.50
8/2/2012 NGC AU 55   Heritage Auctions 2012 August 2-5 US Coins Signature Auction- Philadelphia Session(3), 1173/Lot# 4459 $9,987.50
7/7/2013 PCGS XF 45   GreatCollections GreatCollections Coin Auctions 07/07/2013, 82/Lot# 116912 $7,700.00
1/8/2014 NGC Details XF Details  Heritage Auctions 2014 January 8 - 12 FUN US Coin Signature Auction - Orlando Session(5), 1201/Lot# 6419 $2,350.00
1/7/2015 PCGS XF 40   Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(6), 1216/Lot# 6858 $6,756.25


NGC Registry

NGC Registry Score 1838 C $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base1239130314502009286037834565531656106023701477308129864499181129415472213240000
12601352163622933168404448155414574863537253786383019069103771268717423213240000
00000048155414574863537253786383019069103771268717423213240000
00000050665512588566847491799684729493108351407919373213240000
1838 C $2.5 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base0000000000000000000000
0000000000000000000000
0000000000000000000000
0000000000000000000000
Registry Image Gallery
Grade: AU 58
Points: 7014
Owner: Hornets Nest
 
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