Coin Specifications

Category: Liberty Head $2.50 (1840-1907)
Mint: Philadelphia
Mintage: 6,500
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 4.1800g
AGW: 0.1209oz
Melt Value: $216.12 (4/21/2021)
Diameter: 18mm
Edge: Reeded
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1848 $2.5 MS obverse 1848 $2.5 MS reverse
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Description & Analysis

This is an extremely popular date for it is the year of the famous CAL quarter eagle, although there were 7,497 examples coined without the countermark. Presumably, these were struck in gold from other sources. Walter Breen noted that Jacob Shapiro, aka J.F. Bell, circulated want lists for this issue in the late 1950s, notifying dealers of the actual rarity of the issue. As a result, some consider this date to be overrated, however, we believe that is not the case. Few Mint State examples are known, as reflected by the population data.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


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.

1848 $2.5 MS
  GVGFVFXF505355586061626364656667686970
Base $ 435 435 450 800 1350 2650 3000 5200 5750 6250 7050 9500 18000 30000 - - - - - -

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: 57
Low Grade: VF
Average Grade: 55
High Grade: 64

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, 64 series.
NGC CENSUS DETAIL Last Updated: 4/20/2021 1848 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----14562111315621------57
-----------------------
-----------------------
-----------------------
Total----14562111315621------57
 ----2%7%9%11%4%19%23%2%9%11%4%2%------ 

NGC Registry

NGC Registry Score 1848 $2.5 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base800858918983105114722213274032583549393041574381488860649888140152019929580306933183733012
81987893910051191171923882912335536764005423145505280733811263160762332629951310743222834663
000000238829123355367640054231455052807338112631607623326299513107400
000000256430853452380340814306471956728613126391813726453303223145500
1848 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base674802856908119316832417288531723303371240804290541770149560135891964028838299313105332207
71782087310031356192825732981321634393835415046665949786310903156062270629202303053143833817
000000257329813216343938354150466659497863109031560622706292023030500
000000272930763259357639574220504164828711122461762325772295673067900
Registry Image Gallery
Grade: MS 62
Points: 5417
Owner: Desert Gold
 
Grade: AU 58
Points: 3712
Owner: BillJones
 
View the Registry Image Gallery

Related Articles

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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.