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: $154.93 (11/21/2017)
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: 8/8/2017

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

1878 $2.5 MS
  GVGFVFXF505355586061626364656667686970
Base $ 280 290 300 320 340 355 370 380 400 465 500 525 800 1150 3050 6100 17000 - - -
$ - - - - - - - 550 1000 1550 3800 10750 - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 2411
Low Grade: 40
Average Grade: 61
High Grade: 67


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
11/1/1999 NGC AU 55   Teletrade Auction 1230, 1230/Lot# 1846 $158.25
2/21/2005 NGC AU 55   David Lawrence Rare Coins Internet-Only Auction #29, 33/Lot# 1002 $242.65
2/5/2006 NGC MS 62   Goldberg February 5-8, 2006 Pre-Long Beach Coin and Currency Auction, 34/Lot# 370 $414.00
6/16/2013 PCGS AU 50   GreatCollections GreatCollections Coin Auctions 06/16/2013, 79/Lot# 106614 $286.00
10/8/2014 NGC MS 62   Heritage Auctions 2014 October 8 - 13 PNG New York Invitational US Coins Signature Auction - New York Session(6), 1210/Lot# 8849 $426.53
8/18/2015 NGC MS 64   Stack's Bowers 2015 Chicago ANA, 6104/Lot# 42699 $822.50
9/7/2016 PCGS MS 63   Heritage Auctions 2016 September 7 - 11 Long Beach Expo US Coins Signature Auction - Long Beach Session(6), 1239/Lot# 8291 $881.25
11/27/2016 PCGS MS 61   Heritage Auctions Internet Coin Auction Session(1), 131649/Lot# 21198 $329.00


NGC Registry

NGC Registry Score 1878 $2.5 MS Prooflike
 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 61
Points: 1138
Owner: JTO
 
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