Coin Specifications

Category: Liberty Head $2.50 (1840-1907)
Mint: Philadelphia
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 4.1800g
AGW: 0.1209oz
Melt Value: $156.59 (11/19/2017)
Diameter: 18mm
Edge: Reeded
Link to this coin

1859 TYPE 1 $2.5 MS obverse 1859 TYPE 1 $2.5 MS reverse


  
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Description & Analysis

On this reverse hub, which the Philadelphia Mint used on Liberty quarter eagles dated 1840-1861, the arrowheads are large and the eagle's talons are closed. A rare variety, the 1859 Old Reverse was discovered in the 1960s. Actually, both varieties of the 1859 Liberty quarter eagle are rare, and this issue was produced to the extent of only 39,364 coins. According to Breen (1988), 24,158 of the quarter eagles produced by the Philadelphia Mint this year were of the Old Reverse variety.

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

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1859 TYPE 1 $2.5 MS
  GVGFVFXF505355586061626364656667686970
Base $ 390 415 430 465 550 865 1000 1175 1575 2050 2400 3900 6350 11450 - - - - - -
$ - - - - 1875 - - - - - - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 131
Low Grade: 40
Average Grade: 58
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
9/6/2004 NGC MS 61   Goldberg September 6-7, 2004 Pre-Long Beach Coin Auction, 26/Lot# 1535 $1,553.00
7/12/2007 PCGS MS 62   Heritage Auctions 2007 Summer F.U.N. (July, West Palm Beach, FL) Signature Coin Auction #442, 442/Lot# 2356 $3,737.50
10/13/2008 NGC AU 55   David Lawrence Rare Coins Monday - Internet Auction # 291, 297/Lot# 1336 $603.75
2/15/2011 NGC AU 50   Teletrade Auction 3015, 3015/Lot# 1334 $267.00
8/11/2011 NGC MS 61   Heritage Auctions 2011 August Chicago Signature US Coin & Platinum Night Auction Session(4), 1158/Lot# 5374 $1,725.00
3/4/2013 PCGS Genuine Genuine   Teletrade Auction 3420, 3420/Lot# 3326 $300.00
8/30/2013 NGC AU 58   Stack's Bowers The September 2013 Philadelphia Auction, 195/Lot# 4856 $894.18
10/30/2016 PCGS AU 55   Heritage Auctions Internet Coin Auction Session(2), 131645/Lot# 25955 $493.50


NGC Registry

NGC Registry Score 1859 $2.5 MS TYPE 1 Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base6226707217748319151016111015501785208522612407264831983560571367107084747278778297
6386877387938599481047125616281885214323092487283133184277604568347213760780170
0000001047125616281885214323092487283133184277604568347213760700
0000001078140317061985220223582567301434394995637769597342774200
1859 $2.5 MS TYPE 1
 PrAgGVGFVF4045505355586061626364656667686970
Base86597410131036108812061421157317071865217924952699340642465456103261535123145240742503126015
9019871021105311271278147216181760197022842563293536864649707912001179492345524393253590
00000014721618176019702284256329353686464970791200117949234552439300
00000015221662181220742390263131703966505387031367620547237642471200
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