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: $176.82 (11/13/2019)
Diameter: 18mm
Edge: Reeded
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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: 8/22/2019

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

1859 TYPE 1 $2.5 MS
  GVGFVFXF505355586061626364656667686970
Base $ 400 415 430 500 650 800 900 1050 1300 1750 2250 3500 5750 10000 - - - - - -
$ - - - - 1450 - - - - - - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 142
Low Grade: 40
Average Grade: 58
High Grade: 64

The chart showing 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: 11/12/2019 1859 TYPE 1 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----153917641211533------142
-----------------------
-----------------------
-----------------------
Total-----153917641211533------142
 -----1 %4 %2 %6 %12 %45 %1 %15 %11 %2 %2 %------ 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
1/10/1998 NGC MS 62   Heritage Auctions 1998 F.U.N. Signature Sale #181, 181/Lot# 7579 $3,737.50
4/25/2002 PCGS MS 63   Heritage Auctions 2002 April Columbus, OH (CSNS) Signature Sale #288, 288/Lot# 6868 $4,830.00
9/6/2004 NGC MS 61   Goldberg September 6-7, 2004 Pre-Long Beach Coin Auction, 26/Lot# 1535 $1,553.00
7/2/2007 NGC AU 55   Teletrade Auction 2389, 2389/Lot# 1942 $784.00
10/13/2008 NGC AU 55   David Lawrence Rare Coins Monday - Internet Auction # 291, 297/Lot# 1336 $603.75
10/22/2009 NGC MS 64   Heritage Auctions 2009 October Signature US Coin Auction #1130, 1130/Lot# 1319 $7,187.50
6/17/2010 NGC MS 61   Stack's Bowers The June 2010 Baltimore Auction, 41/Lot# 3520 $1,782.50
12/2/2010 NGC AU 53   Heritage Auctions 2010 December Houston Signature US Coin Auction Session(4), 1147/Lot# 8715 $488.75


NGC Registry

NGC Registry Score 1859 TYPE 1 $2.5 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base6226707217748319151016111015501785208522612407264831983560571367107084747278778297
6386877387938599481047125616281885214323092487283133184277604568347213760780170
0000001047125616281885214323092487283133184277604568347213760700
0000001078140317061985220223582567301434394995637769597342774200
1859 TYPE 1 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base86597410131036108812061421157317071865217924952699340642465456103261535123145240742503126015
9019871021105311271278147216181760197022842563293536864649707912001179492345524393253590
00000014721618176019702284256329353686464970791200117949234552439300
00000015221662181220742390263131703966505387031367620547237642471200
Registry Image Gallery
Grade: AU 58
Points: 2179
Owner: Long Haul
 
Grade: XF 45
Points: 1421
Owner: GregLach
 
View the Registry Image Gallery

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