Coin Specifications

Category: Liberty Head $2.50 (1840-1907)
Mint: San Francisco
Mintage: 15,200
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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1859 S $2.5 MS obverse 1859 S $2.5 MS reverse
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Description & Analysis

In November 1858, the Philadelphia Mint shipped six quarter eagle obverse dies to its branch mint in San Francisco. These were combined with leftover reverse dies from 1856 to produce the 15,200 1859-S quarter eagles. Like most S-mint issues of the era, the majority of these pieces entered circulation and suffered a catastrophic attrition rate. If the story ended there, the '59-S quarter eagle would simply take its place as yet another early western gold coin that is inconspicuous by its rarity. Modern numismatists, however, have attached importance and charm to all S-mint issues of 1859. There is little doubt that this added fame stems, in part, from the 1859-S Seated dollar issue. The first of its kind struck at the west coast facility, this issue opened an era of close trade relations with the Orient that would increase in intensity over the next several decades. While the silver dollar is an important and respected coin in its own right, we feel that it has limited, not enhanced, the respect due its quarter eagle counterpart.

Knowledgeable gold collectors realize that this issue is one of the most underrated in the entire gold series.

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: 9/4/2020

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

1859 S $2.5 MS
  GVGFVFXF505355586061626364656667686970
Base $ 450 475 500 950 1625 2000 2150 2500 3000 5250 6000 11000 - - - - - - - -
$ - - - - 4000 - - - - - - - - -

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: 106
Low Grade: G
Average Grade: 50
High Grade: 65

The chart showing G series, VG series, 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: 4/20/2021 1859 S $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-43210813672024-53--1-----106
-----------------------
----------2-----------2
-----------------------
Total-43210813672026-53--1-----108
 -4%3%2%9%7%12%6%6%19%24%-5%3%--1%----- 

NGC Registry

NGC Registry Score 1859 S $2.5 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base597646695925121718952257256132943679416644474646533865746942732577238137856890159479
6136627711022144320152358280534223841425945134876575066967069745778618280871791699953
0000002358280534223841425945134876575066967069745778618280871700
0000002459304935504003435345795107616268197197759079998424886600
1859 S $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base949106611381252142118862215252527542936326039024246499267877910120491718624920367043800939348
988109011761308157619962318260128153044347440174495559071619290137611976428848371393845541315
00000023182601281530443474401744955590716192901376119764288483713900
000000242226782875315236884131474361897536106691547422342327763757400
Registry Image Gallery
Grade: AU 55
Points: 2936
Owner: Desert Gold
 
Grade: AU 55
Points: 2936
Owner: HYKYRONE
 
View the Registry Image Gallery

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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.