Coin Specifications

Category: Liberty Head $2.50 (1840-1907)
Mint: Philadelphia
Mintage: 2,824
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 4.1800g
AGW: 0.1209oz
Melt Value: $214.36 (4/19/2021)
Diameter: 18mm
Edge: Reeded
Link to this coin

1864 $2.5 MS obverse 1864 $2.5 MS reverse
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Description & Analysis

The turbulent economic conditions of the Civil War probably meant that Quarter Eagles were melted in 1864 almost as quickly as the Philadelphia Mint could strike them. It is little wonder, therefore, that the Mint limited its production of this denomination to a mere 2,824 business strikes [this year]. This meager mintage was divided into 424 pieces on February 25 and 2,400 pieces on December 6. Unlike on proofs of this issue, Liberty's ear is filled on all extant business strikes. Akers (1975) estimates that only 7-8 coins are extant, but the certified population indicates a slightly higher figure. Akers also stated that the 1864 Quarter Eagle was unknown in Mint State in the numismatic community of the mid-1970s. Although this has since changed...this issue is still among the premier condition rarities in this long-lived 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: 8/22/2019

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

1864 $2.5 MS
  GVGFVFXF505355586061626364656667686970
Base $ - - - 8250 22500 42500 50000 65000 95000 - 125000 - - - - - - - - -
$ 31500 - - - - - - - - - - - - -

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: 7
Low Grade: VF
Average Grade: 55
High Grade: 67

The chart showing 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, 66 series, 67 series.
NGC CENSUS DETAIL Last Updated: 4/13/2021 1864 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----1-1--12-1-----1---7
-----------------------
-----------------------
-----------------------
Total----1-1--12-1-----1---7
 ----14%-14%--14%29%-14%-----14%--- 

NGC Registry

NGC Registry Score 1864 $2.5 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base24892624276534064160603870817898802981148238831987569211968210171106781120411749123131289713501
25342671297836574786638573537941805781558265846489079368984510340108531138511937125071309814176
000000735379418057815582658464890793689845103401085311385119371250700
0000007625798580858196829286109059952510008105091102811567121251270200
1864 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base2614267128853386440359226947770485599520105151103512937135431416916520214272832029398305063164432814
2633274230523725490962647199798988799852106881166913139137521495318156237252867929767308853203434455
00000071997989887998521068811669131391375214953181562372528679297673088500
000000745282749200101831086212303133411396015736197912602229039301373126500
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.