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: $214.92 (4/18/2021)
Diameter: 18mm
Edge: Reeded
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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 49000 - 84500 140000 - - - - -

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: 66
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: 4/13/2021 1842 C $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---18111031388-21--1-----66
-----------------------
-----------------------
-----------------------
Total---18111031388-21--1-----66
 ---2%12%17%15%5%20%12%12%-3%2%--2%----- 

NGC Registry

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

1/1/2007 — David Lange continues his in-depth retrospective of 1842 coinage.
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The Coinage of 1842: Part One

12/1/2006 — 1842 was a distinctive transition year for U.S. coin denominations, as David Lange demonstrates in the following retrospective.
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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.