Coin Specifications

Category: Liberty Head $2.50 (1840-1907)
Mint: Philadelphia
Mintage: 30
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 4.1800g
AGW: 0.1209oz
Melt Value: $246.33 (8/9/2020)
Diameter: 18mm
Edge: Reeded
Link to this coin

1863 $2.5 PF obverse 1863 $2.5 PF reverse
Images courtesy of Heritage Auctions (HA.com)
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Description & Analysis

From a proof-only mintage of just 30 pieces, the 1863 quarter eagle is one of the classic rarities among U.S. gold coins of any denomination. Among Liberty Head quarter eagles, only the 1841 and 1854-S emissions are considered on par with this storied date. Any offering of an 1863 quarter eagle is a noteworthy occasion for advanced collectors of this popular series.

The rarity and importance of the 1863 quarter eagle were recognized almost as soon as the coins were issued. In the sale of the John F. McCoy Collection (Woodward, 5/1864), lot 1992 featured a gold proof set of 1863. Woodward disclosed:

'1863 Proof set, with 10 Dollar Piece, and four smaller denominations. Of the Quarter Eagle of 1863, I have positive knowledge that only 30 pieces were struck, hence this coin is now one of the rarest of the series. I am also assured that the 3 Dollar Piece is scarcely less rare.'

The lot realized $72.50 to William A. Lilliendahl, a tremendous price at the time, since the coins were only minted the year before. By 1883, Harold P. Newlin estimated about the 1863 'not half a dozen of these are now known to collectors.' Of course, a few more specimens have surfaced since Newlin's time. In their Encyclopedia of U.S. Gold Coins 1795-1933, Jeff Garrett and Ron Guth estimate a surviving population of 15-20 examples of this date in all grades. This is only the third time Heritage has been privileged to offer an 1863 quarter eagle in any of our auctions since 1993.

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: 4/15/2019

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

1863 $2.5 PF
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 48500 53000 58000 66500 91000 112500 - - - - -
1863 $2.5 PF CA
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - 62500 82500 - - - - - - -
1863 $2.5 PF UC
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - - - 105000 205000 285000 335000 - - -

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: 6
Low Grade: 63
Average Grade: 64
High Grade: 66

The chart showing 63 series, 64 series, 65 series, 66 series.
NGC CENSUS DETAIL Last Updated: 8/4/2020 1863 $2.5 PF CA
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--------------31------4
-----------------------
-----------------------
-----------------------
Total--------------31------4
 --------------75%25%------ 
1863 $2.5 PF UC
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------------11----2
-----------------------
-----------------------
-----------------------
Total----------------11----2
 ----------------50%50%---- 

NGC Registry

NGC Registry Score 1863 $2.5 PF CA
 PrAgGVGFVF4045505355586061626364656667686970
Base8233839085508712887690429211938295559731105071008910282103721141311665127571391416021184262151025513
828584438604876789319098926894409614999010507101531031210719114971202913143146161682319454228440
00000092689440961499901050710153103121071911497120291314314616168231945400
000000932594979672102481050710218103421106611581123931352815319176242048200
1863 $2.5 PF UC
 PrAgGVGFVF4045505355586061626364656667686970
Base862987928957912592959467964198189998101791036310550110711161112170123781537117027178861865511
8683884790139182935295259700987810058102401042510724112511179712239133761592317313181421865510
0000009700987810058102401042510724112511179712239133761592317313181421865500
0000009759993810119103021048810897114311198412309143731647517600183991865500
1863 $2.5 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base79468099825584138572873588999066923594069580975610248105231078811294121781275713356144591661919389
7997815183088466862687908955912292929464963999201034010611109571158912371129571372415179175420
000000895591229292946496399920103401061110957115891237112957137241517900
0000009010917993499522969710084104311070011125118831256413156140911589900
Registry Image Gallery

No Images Found

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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.