Coin Specifications

Category: Liberty Head $2.50 (1840-1907)
Mint: New Orleans
Mintage: 19,800
Catalog: KM-72
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 4.18g
AGW: 0.1209oz
Melt Value: $159.93 (7/23/2016)
Diameter: 18mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1842 O $2.5 MS obverse 1842 O $2.5 MS reverse


  
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VarietyPlus®

There are no NGC varieties for this coin.

Description & Analysis

Jeff Garrett: With just 19,800 coins struck, the 1842-O Liberty Head issue has one of the lowest mintages of any New Orleans quarter eagle. The date is scarce in any grade and usually seen in lower grades. The population reports indicate that slightly more than a dozen coins have been graded Mint State. It is the author's experience that the coin is far rarer than that, and that the high numbers probably represent multiple submissions of the same examples. The date is often, but not always, seen very weakly struck in the central portions. The Smithsonian example is in lustrous About Uncirculated condition. NGC lists two coins at the MS 64 level, but neither have appeared at public auction.

GRADE SUMMARY

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Price Guide

Last Updated: 6/1/2015

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

1842 O $2.5 MS
  GVGFVFXF505355586061626364656667686970
Base $ 310 335 390 635 1275 2450 3150 4300 7000 11000 12750 17750 33000 - - - - - - -
$ - - - - - - - - - - - - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 149
Low Grade: F
Average Grade: 50
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
9/29/1999 PCGS VF 35   Teletrade Auction 1216, 1216/Lot# 1853 $400.90
3/2/2000 NGC MS 60   Heritage Auctions 2000 Ft. Lauderdale Bullet Sale #223, 223/Lot# 461 $7,475.00
2/11/2007 PCGS MS 62   Goldberg February 11-14, 2007 Pre-Long Beach Coin and Currency Auction, 39/Lot# 2131 $13,225.00
6/1/2011 PCGS XF 45   Heritage Auctions 2011 June Long Beach Signature US Coin Auction Session(3), 1156/Lot# 4479 $1,725.00
2/2/2012 PCGS XF 45   Heritage Auctions 2012 February 2-5 US Coins Signature Auction- Long Beach Session(3), 1167/Lot# 4631 $1,667.50
12/8/2013 PCGS VF 35   GreatCollections GreatCollections Coin Auctions 12/08/2013, 104/Lot# 156705 $687.50
6/27/2014 NGC AU 55   Stack's Bowers June 2014 Baltimore, 6021/Lot# 2457 $2,350.00


NGC Registry

NGC Registry Score 1842 O $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base58462967872978315832517314938214187465849355158565674318849152952211132474484085000851647
599645695747104918942727337339434344475050095324624779031099717567255653778548941505540
000000272733733943434447505009532462477903109971756725565377854894100
000000293835974065450148425083549068398376131461983929019430964947400
1842 O $2.5 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base6206678201271216928232862290039144419504053935598628678858305874291969667101551066211187
635718970157023872836287432384082462651575461582768198025845088939353982910324108370
00000028743238408246265157546158276819802584508893935398291032400
00000028873576425048335275552960567352816585969044951099921049300
Registry Image Gallery
Grade: MS 64
Points: 8849
Owner: Stiel Coin Collection
 
Grade: AU 58
Points: 4658
Owner: Northwest Collection
 
View the Registry Image Gallery

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The Coinage of 1842: Part Two

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The Coinage of 1842: Part One

12/1/2006 — 1842 was a distinctive transition year for U.S. coin denominations, as David Lange demonstrates in the following retrospective.
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