Coin Specifications

Category: Liberty Head $2.50 (1840-1907)
Mint: New Orleans
Mintage: 364,002
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 4.1800g
AGW: 0.1209oz
Melt Value: $178.62 (12/15/2019)
Diameter: 18mm
Edge: Reeded
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1843 O $2.5 MS obverse 1843 O $2.5 MS reverse
Images courtesy of Heritage Auctions (HA.com)
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Description & Analysis

Jeff Garrett: As the high mintage would suggest, the 1843-O, Small Date, Crosslet 4, Liberty Head quarter eagle is the most common issue from the New Orleans Mint of the denomination. A fair number of coins are known, but mostly in the lower grades. Harry W. Bass Jr. must have really found this date an interesting study; he owned 11 examples. The best coin from the Bass menagerie was graded an astounding prooflike MS 64. The mintmark for the date is much larger than on previous issues from the New Orleans Mint. Although the 1843-O Small Date is relatively available in circulated grades, Mint State coins are usually quite scarce, and only one has been graded at the gem level. That coin sold at auction in March 2013 for $25,850.

GRADE SUMMARY

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Price Guide

Last Updated: 8/20/2019

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

1843 O $2.5 MS
  GVGFVFXF505355586061626364656667686970
Base $ 310 330 350 370 430 490 550 675 1000 1650 2200 3650 5750 21000 33000 - - - - -
$ - - - - - - - - 13500 - - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 230
Low Grade: F
Average Grade: 50
High Grade: 64

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.
NGC CENSUS DETAIL Last Updated: 12/10/2019 1843 O $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---121253923193643612311------230
-----------------------
-----------------------
-----------------------
Total---121253923193643612311------230
 ---0 %9 %11 %17 %10 %8 %16 %19 %3 %5 %1 %0 %0 %------ 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
6/2/1997 NGC AU 55   Teletrade Auction 0950, 950/Lot# 1835 $379.80
6/8/1998 NGC XF 45   Teletrade Auction 1056, 1056/Lot# 2095 $232.10
8/6/2001 NGC AU 55   Heritage Auctions 2001 Atlanta, GA Signature Sale #267, 267/Lot# 7605 $345.00
9/10/2006 NGC AU 55   Goldberg September 10-13, 2006 Pre-Long Beach Coin and Currency Auction, 37/Lot# 1772 $2,645.00
2/3/2010 NGC AU 53   Heritage Auctions 2010 February Long Beach, CA Signature US Coin Auction #1137, 1137/Lot# 8161 $373.75
6/14/2011 NGC AU 55   Stack's Bowers The June 2011 Baltimore Auction, 92/Lot# 9245 $460.00
11/2/2011 NGC AU 55   Teletrade Auction 3166, 3166/Lot# 2165 $575.00


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