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: $156.12 (11/24/2017)
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
7/30/2007 NGC MS 61   David Lawrence Rare Coins Internet Auction # 163, 168/Lot# 1873 $368.00
1/30/2011 NGC MS 63   Goldberg January 30 - February 3, 2011 The Pre-Long Beach Coin and Currency Auction, 62/Lot# 2059 $833.75
10/16/2011 PCGS MS 63   Teletrade Auction 3155, 3155/Lot# 2375 $625.00
5/30/2012 PCGS MS 63   Heritage Auctions 2012 May 30- June 3 US Coins Signature Auction- Long Beach Session(5), 1171/Lot# 10437 $632.50
8/5/2012 NGC AU 58   Heritage Auctions Internet Coin Auction Session(1), 131233/Lot# 22525 $367.78
10/6/2013 PCGS Genuine AU   GreatCollections GreatCollections Coin Auctions 10/06/2013, 95/Lot# 141046 $269.52
11/10/2015 PCGS MS 63   Stack's Bowers November 2015 Baltimore, 6110/Lot# 26736 $587.50
8/10/2016 PCGS MS 65   Heritage Auctions 2016 August 10 - 14 ANA US Coins Signature Auction - Anaheim Session(5), 1238/Lot# 5780 $1,762.50


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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