Coin Specifications

Category: Liberty Head $2.50 (1840-1907)
Mint: Philadelphia
Catalog: KM-72
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 4.18g
AGW: 0.1209oz
Melt Value: $148.65 (5/24/2016)
Diameter: 18mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1859 TYPE 1 $2.5 MS obverse 1859 TYPE 1 $2.5 MS reverse


  
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Description & Analysis

On this reverse hub, which the Philadelphia Mint used on Liberty quarter eagles dated 1840-1861, the arrowheads are large and the eagle's talons are closed. A rare variety, the 1859 Old Reverse was discovered in the 1960s. Actually, both varieties of the 1859 Liberty quarter eagle are rare, and this issue was produced to the extent of only 39,364 coins. According to Breen (1988), 24,158 of the quarter eagles produced by the Philadelphia Mint this year were of the Old Reverse variety.

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: 6/5/2015

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1859 TYPE 1 $2.5 MS
  GVGFVFXF5053555861626364656667686970
Base $ 360 385 425 465 535 950 1050 1300 1800 3600 4650 8450 12000 - - - - - -
$ - - - - 2350 - - - - - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 129
Low Grade: 40
Average Grade: 58
High Grade: 64


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
2/11/2007 PCGS MS 63   Goldberg February 11-14, 2007 Pre-Long Beach Coin and Currency Auction, 39/Lot# 2175 $4,485.00
5/9/2007 PCGS MS 61   Heritage Auctions 2007 St. Louis, MO (CSNS) Signature Coin Auction #434, 434/Lot# 3364 $2,875.00
10/13/2008 NGC AU 55   David Lawrence Rare Coins Monday - Internet Auction # 291, 297/Lot# 1336 $603.75
5/1/2011 NGC AU 55   Teletrade Auction 3057, 3057/Lot# 2362 $603.75
4/22/2012 NGC AU 55   Heritage Auctions Internet Coin Auction Session(1), 131218/Lot# 22923 $431.25
8/30/2013 NGC AU 58   Stack's Bowers The September 2013 Philadelphia Auction, 195/Lot# 4856 $894.18
3/16/2014 NGC Details AU Details  Heritage Auctions Internet Coin Auction Session(2), 131412/Lot# 23019 $310.20


NGC Registry

NGC Registry Score 1859 TYPE 1 $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base4184534925325759081206145019492215255527542834310342907051103261535123145240742503126015
4294665055466861007128716162037232826212780292334985210814212001179492345424393253590
00000012871616203723282621278029233498521081421200117949234542439300
00000013681782212624412687280730133894613092341367620547237642471200
1859 TYPE 1 $2.5 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base6226707217748319151016111015501785208522612407264831983560571367107084747278778297
6386877387938599481047125616281885214323092487283133184277604568347213760780170
0000001047125616281885214323092487283133184277604568347213760700
0000001078140317061985220223582567301434394995637769597342774200
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