Coin Specifications

Category: Liberty Head $2.50 (1840-1907)
Mint: New Orleans
Mintage: 33,580
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 4.1800g
AGW: 0.1209oz
Melt Value: $230.14 (10/24/2020)
Diameter: 18mm
Edge: Reeded
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1840 O $2.5 MS obverse 1840 O $2.5 MS reverse
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Description & Analysis

Jeff Garrett: A quick check of the auction records for this issue reveals that only a few coins on average are offered for sale each year. The exception was the sale of the Harry W. Bass Jr. Collection, which contained seven examples. Most of the bass coins were Extremely Fine. His finest coin, however, was nearly Gem quality and typical of coins from the New Orleans Mint during that year. There are two sizes of mintmarks, one of which is very small, and the other is normal in size. This date is now seldom offered and must be considered rare in any grade. Mint State coins are very rare, with NGC having only certified 15 coins at the level. A single coin has been certified as MS 63, but has not traded at public auction.

GRADE SUMMARY

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Price Guide

Last Updated: 9/21/2020

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

1840 O $2.5 MS
  GVGFVFXF505355586061626364656667686970
Base $ 475 485 585 1000 1400 2400 2650 3500 5000 9000 9850 15000 28500 - - - - - - -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 113
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: 10/20/2020 1840 O $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----1161471322263551-------113
-----------------------
----------1-----------1
-----------------------
Total----1161471322273551-------114
 ----10%5%12%6%11%19%24%3%4%4%1%------- 

NGC Registry

NGC Registry Score 1840 O $2.5 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base48752757061566314102174271036074063462949525254587972108541156442294434158515685324554961
50054158563191216642352300937594251473650525462632276531090818077266823996152127538170
000000235230093759425147365052546263227653109081807726682399615212700
000000253133083911444048445153567067668097132762051030420457645268600
1840 O $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base8209009251103142120092335269928983324393550495306659578088247151822233033332504485209753786
8479089841209161721182456276530403528430651355736699979541055917565259973903750998526600
000000245627653040352843065135573669997954105591756525997390375099800
000000257828323182373146785220616574048101128701994729665447435154700
Registry Image Gallery
Grade: AU 58
Points: 3935
Owner: NewByzantium
 
Grade: AU 55
Points: 3324
Owner: Fiddlehead
 
View the Registry Image Gallery

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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.