Coin Specifications

Category: Liberty Head $2.50 (1840-1907)
Mint: Philadelphia
Mintage: 400
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 4.1800g
AGW: 0.1209oz
Melt Value: $154.90 (10/18/2017)
Diameter: 18mm
Edge: Reeded
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1875 $2.5 MS obverse 1875 $2.5 MS reverse


  
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Description & Analysis

With coinage circulating less frequently in the economically depressed era of the mid-1870s, there was a greatly decreased need for more new coins in the channels of commerce. In fact, as one looks at the mintage for the various denominations of 1875 and 1876 it is apparent that most were reduced to mere token levels. Substantial numbers of lower denominated coins were struck in 1875, but that year was a modern historic lowpoint for the minting of business strike gold pieces. Of the six denominations only the double eagle has a substantial mintage. All the others are either very rare or extremely rare. Consider the mintages for these circulating denominations: one-dollar gold: 400, quarter eagle: 400, three-dollar: none, half eagle: 200, and eagle: 100. There are only three business strikes known in mint condition.

As mentioned, only 400 business strikes were minted, second lowest in the entire series, and only trailing the 1854-S. The date was never hoarded at the time of issue, apparently being passed by unrecognized as a potential great rarity by the public at large who presumably were more preoccupied with surviving the day-to-day uncertainties of the 1870s rather than keeping up with current, low-mintage gold coins. Akers estimates that only 15 to 20 pieces are extant today in all grades and the number and frequency of pieces offered for sale in the future is likely to be very limited.

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

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

1875 $2.5 MS
  GVGFVFXF505355586061626364656667686970
Base $ 2900 3250 4000 5500 10000 13250 14250 17750 23000 27500 31500 43500 - - - - - - - -
$ - - - - 24500 - 33500 - - - - - - -
1875 $2.5 MS Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - 25500 - - - - - - - - - - -
$ - - - - - - - - - - - - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 23
Low Grade: 45
Average Grade: 55
High Grade: 61


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
11/17/1997 PCGS AU 55   Teletrade Auction 0998, 998/Lot# 1966 $7,174.00
9/23/2007 PCGS AU 55   Goldberg September 23-26, 2007 Pre-Long Beach Coin and Currency Auction, 42/Lot# 3220 $14,950.00
8/26/2012 PCGS AU 55   GreatCollections GreatCollections Coin Auctions 08/26/2012, 37/Lot# 70403 $13,200.00
7/27/2013 NGC MS 61   Stack's Bowers The August 2013 Chicago ANA World's Fair of Money , 192/Lot# 4446 $24,675.00
8/30/2013 NGC AU 50   Stack's Bowers The September 2013 Philadelphia Auction, 195/Lot# 3362 $4,259.38
5/25/2014 PCGS AU 55   GreatCollections GreatCollections Coin Auctions 05/25/2014, 183/Lot# 195138 $12,229.80
6/4/2014 PCGS AU 55   Heritage Auctions 2014 June 4 - 8 US Coins Signature Auction - Long Beach Session(3), 1206/Lot# 4768 $14,100.00


NGC Registry

NGC Registry Score 1875 $2.5 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base30213099327036014157536757346019619767577487798483979439992010417109341270615694197392056621417
30473156338037864560548958296078638470007653812287449599100861058911525137021704220015208500
0000005829607863847000765381228744959910086105891152513702170422001500
0000005924613865707244781882599092976010251107621211514698183912029000
1875 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base28852960312634473984515855155792596565097198770481069122959010076105801231015231191901999920834
2910301532333626437552775607585061466739736778388445927897521024411157132841655119460202770
000000560758506146673973677838844592789752102441115713284165511946000
000000570059076328696875357972878394349914104121173314257178701972900
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