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: $156.00 (10/17/2017)
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: 8/8/2017

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

1848 $2.5 MS
  GVGFVFXF505355586061626364656667686970
Base $ 290 320 350 540 975 2750 3350 3650 4700 5800 6500 11250 21500 - - - - - - -
$ - - - - - - - - - - - - - -

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Census

 
NGC GRADE SUMMARY

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


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
7/27/2002 NGC MS 61   Heritage Auctions 2002 July New York, NY Signature Sale #296, 296/Lot# 8953 $3,680.00
1/8/2003 NGC MS 61   Heritage Auctions 2003, Orlando, FL. (FUN) Signature Sale #308, 308/Lot# 8455 $4,140.00
9/1/2008 PCGS AU 53   Teletrade Auction 2579, 2579/Lot# 2071 $2,296.00
2/4/2009 NGC AU 55   Heritage Auctions 2009 February Long Beach, CA Signature US Coin Auction #1122, 1122/Lot# 2489 $1,610.00
2/28/2012 PCGS MS 61   Stack's Bowers The March 2012 Baltimore Auction, 135/Lot# 7300 $5,462.50
9/9/2016 NGC AU 55   Heritage Auctions 2016 September 9 - 12 The Twelve Oaks Collection Signature Auction Session(2), 1244/Lot# 13337 $3,407.50


NGC Registry

NGC Registry Score 1848 $2.5 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base800858918983105114722213274032583549393041574381488860649888140152019929580306933183733012
8198789391005119117192388291233553676400542314550528073381126316076233262995131074322280
000000238829123355367640054231455052807338112631607623326299513107400
000000256430853452380340814306471956728613126391813726453303223145500
1848 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base674802856908119316832417288531723303371240804290541770149560135891964028838299313105332207
7178208731003135619282573298132163439383541504666594978631090315606227062920230305314380
000000257329813216343938354150466659497863109031560622706292023030500
000000272930763259357639574220504164828711122461762325772295673067900
Registry Image Gallery
Grade: MS 62
Points: 5417
Owner: Desert Gold
 
Grade: AU 58
Points: 3712
Owner: BillJones
 
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