Coin Specifications

Category: Liberty Head $2.50 (1840-1907)
Mint: Charlotte
Mintage: 6,729
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 4.1800g
AGW: 0.1209oz
Melt Value: $183.62 (9/21/2019)
Diameter: 18mm
Edge: Reeded
Link to this coin

1842 C $2.5 MS obverse 1842 C $2.5 MS reverse
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Description & Analysis

Jeff Garrett: As the low mintage would indicate, the 1842-C Liberty Head quarter eagle is a rare coin in any grade. Most seen are well circulated and poorly struck, especially on the centers of the obverse. A small die break is evident on the reverse from the tip of the left wing in to the rim. This is observed on every example we have seen. When offered for sale, the typical coin is usually well circulated, and coins with any luster remaining are seldom seen. Only a few others have crossed the Mint State barrier, and those coins just barely make the grade. The Smithsonian coin is a modest Extremely Fine example. The finest known example of this date is the ex Stanley Elrod coin graded MS 65 and is by far the finest graded. The coin last sold at auction in February 1999 for $90,850.

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.

1842 C $2.5 MS
  GVGFVFXF505355586061626364656667686970
Base $ 850 1150 2000 3250 4750 8200 8800 9450 12250 20000 27500 52500 60500 84500 140000 - - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 64
Low Grade: F
Average Grade: 50
High Grade: 65

The chart showing F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series.
NGC CENSUS DETAIL Last Updated: 9/17/2019 1842 C $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---17111031288-21--1-----64
-----------------------
-----------------------
-----------------------
Total---17111031288-21--1-----64
 ---2 %11 %17 %16 %5 %19 %13 %13 %-3 %2 %--2 %----- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
4/13/1998 NGC AU 50   Teletrade Auction 1040, 1040/Lot# 1991 $5,908.00
1/8/1999 NGC AU 58   Heritage Auctions 1999 F.U.N. Signature Sale #195, 195/Lot# 7870 $8,740.00
9/23/2007 NGC AU 53   Goldberg September 23-26, 2007 Pre-Long Beach Coin and Currency Auction, 42/Lot# 3198 $6,037.50
7/28/2013 PCGS Genuine AU   GreatCollections GreatCollections Coin Auctions 07/28/2013, 85/Lot# 105707 $2,777.50
8/13/2015 PCGS   Stack's Bowers 2015 Chicago ANA, 6104/Lot# 1177 $5,581.25
9/9/2016 NGC AU 58   Heritage Auctions 2016 September 9 - 12 The Twelve Oaks Collection Signature Auction Session(3), 1244/Lot# 13947 $8,225.00
1/4/2017 PCGS MS 62   Heritage Auctions 2017 January 4 - 9 FUN US Coins Signature Auction - Session(4), 1251/Lot# 5805 $37,600.00


NGC Registry

NGC Registry Score 1842 $2.5 MS C Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base15261589174421612671344741114744577664007139757080589860111031525219597272490000
154716411883233129303668432250885984664672837733865910274124861670022148272490000
000000432250885984664672837733865910274124861670022148272490000
000000453354326192689374267895925910689138691814924698272490000
1842 $2.5 MS C
 PrAgGVGFVF4045505355586061626364656667686970
Base14501558170721062555331339844275459150375610737479609520100031050413606265540000
14861608184022562808353740814380474052286198756984809681101701153817922265540000
00000040814380474052286198756984809681101701153817922265540000
00000041784486488854196786776590009842103371257222238265540000
Registry Image Gallery
Grade: MS 62
Points: 9520
Owner: Hornets Nest
 
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The Coinage of 1842: Part Two

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The Coinage of 1842: Part One

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