Coin Specifications

Category: Liberty Head $2.50 (1840-1907)
Mint: Philadelphia
Mintage: 1,520
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

1865 $2.5 MS obverse 1865 $2.5 MS reverse
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Description & Analysis

Like so many gold pieces from the Civil War era, this is a low-mintage rarity. In fact, the Philadelphia Mint coined just 1,520 of these pieces, along with an additional 25 proof examples. In 1988, Walter Breen claimed that this date was unknown in Mint State grades, although a single piece has been certified Mint State today. Unlike the situation a century ago, collectors now seem to focus on the various branch Mint issues, seemingly ignoring these Philadelphia Mint coins. At the end of the 19th century and the beginning of the 20th century, few collectors paid any attention to the various branch Mint issues, and simply acquired one example to represent each year. For those that could afford such coins, proofs were the ideal candidates. Couple this with the hoarding of precious metals that took place in the late 1860s, and the extremely low mintage to start with, and the true rarity of this date and other adjacent dates becomes obvious.

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: 4/24/2020

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

1865 $2.5 MS
  GVGFVFXF505355586061626364656667686970
Base $ 2350 3000 4000 9500 14000 19650 22400 31500 58500 - - - - - - - - - - -

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: 19
Low Grade: 45
Average Grade: 53
High Grade: 61

The chart showing 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series.
NGC CENSUS DETAIL Last Updated: 8/4/2020 1865 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------42147-1---------19
-----------------------
----------1-----------1
-----------------------
Total------42148-1---------20
 ------20%10%5%20%40%-5%--------- 

NGC Registry

NGC Registry Score 1865 $2.5 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base30643222338535543730544961276694680968856995706674557858827887139166963610123106291115311696
3116327634413612430356756316673268346921701871957589799884238864932297981029110803113340
000000631667326834692170187195758979988423886493229798102911080300
000000650567706859695870427325772381388568901594799960104601097800
1865 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base2614267128603238429055156181675368867374864490949561100451306317050226763072431868330443425235492
263327342986358946985737637267977049779787949250972211051143921892525359311053226033447346650
00000063726797704977978794925097221105114392189252535931105322603344700
00000065626842721182218944940598841205715721208012804131487326523384900
Registry Image Gallery
Grade: AU 55
Points: 7374
Owner: Hugh Stiel Rare Coins
 
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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.