Coin Specifications

Category: Liberty Head $2.50 (1840-1907)
Mint: Philadelphia
Mintage: 286,240
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 4.1800g
AGW: 0.1209oz
Melt Value: $176.10 (11/11/2019)
Diameter: 18mm
Edge: Reeded
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1878 $2.5 MS obverse 1878 $2.5 MS reverse
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Description & Analysis

The Philadelphia Mint struck a not insignificant 286,240 mint state gold quarter eagles in 1878. However, many were placed into circulation. While lower-end mint state coins are available, coins or higher in gem are extremely rare. Even though over a quarter of a million mint state quarter eagles were struck this year, the Mint only produced a mere 20 proofs. This has made the proof 1787 quarter eagle among the rarest proof quarter eagles with perhaps 10-12 known.

GRADE SUMMARY

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Price Guide

Last Updated: 8/26/2019

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

1878 $2.5 MS
  GVGFVFXF505355586061626364656667686970
Base $ 300 310 320 335 345 355 365 375 390 425 465 495 650 1100 2400 4750 13000 - - -
$ - - - - - - - 550 750 1300 3000 8500 - -
1878 $2.5 MS PL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - 3000 3500 - 4500 - - - - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 2476
Low Grade: VF
Average Grade: 61
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, 68 series.
NGC CENSUS DETAIL Last Updated: 11/5/2019 1878 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----1264986544635737192861342972---2465
-------------111---1--4
-------------4153-----13
-----------------------
Total----12649865446357372428814032721--2482
 ----0 %0 %0 %0 %0 %3 %22 %3 %23 %29 %12 %6 %1 %0 %0 %0 %-- 
1878 $2.5 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------1-44-2------11
-----------------------
-----------------------
-----------------------
Total----------1-44-2------11
 ----------9 %-36 %36 %-18 %------ 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
3/17/2004 PCGS AU 58   Teletrade Auction 1858, 1858/Lot# 1666 $253.00
2/4/2008 NGC AU 58   David Lawrence Rare Coins Monday - Internet Auction # 218, 224/Lot# 896 $276.00
3/24/2010 PCGS MS 64   Heritage Auctions 2010 March Fort Worth, TX Signature ANA US Coin Auction #1138, 1138/Lot# 2130 $1,035.00
3/17/2011 PCGS MS 63   Heritage Auctions 2011 March Sacramento Signature ANA US Coin Auction Session(5), 1153/Lot# 9342 $805.00
1/29/2012 PCGS AU 58   Goldberg January 29 - February 1, 2012 The Pre-Long Beach Auction, 67/Lot# 1223 $310.50
10/17/2012 PCGS MS 62   Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 25181 $653.30
12/1/2013 PCGS AU 55   GreatCollections GreatCollections Coin Auctions 12/01/2013, 103/Lot# 148162 $299.20
7/12/2018 PCGS MS 64   Heritage Auctions 2018 July 12 - 15 Summer FUN US Coins Signature Auction - Orlando Session(4), 1277/Lot# 7584 $960.00


NGC Registry

NGC Registry Score 1878 $2.5 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base697853856874911948959977100110181051115912061242158919413172435066447015950613817
749854862886923952965985100710291087117512181358170623513565511567687845109430
00000096598510071029108711751218135817062351356551156768784500
00000097199310121040112311901230147318242762395758796891867600
1878 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base653783802820856891903916941958990108811381173150518433033417264006760918713396
6967898088328688959079249479691023110511501284161822403413491565207569105900
000000907924947969102311051150128416182240341349156520756900
000000912933952979105511211161139417302636379256576640837800
Registry Image Gallery
Grade: MS 65
Points: 3033
Owner: *00001AAA Coins
 
Grade: MS 65
Points: 3033
Owner: Hugh Stiel Rare Coins
 
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