1854-C $2.50 (Regular Strike)

Series: Liberty Head $2 1/2 1840-1907

PCGS MS62

PCGS MS62

PCGS MS62

PCGS MS62

PCGS MS62

PCGS MS62

PCGS #:
7770
Designer:
Christian Gobrecht
Edge:
Reeded
Diameter:
18.00 millimeters
Weight:
4.18 grams
Mintage:
7,295
Mint:
Charlotte
Metal:
90% Gold, 10% Copper
Major Varieties

Current Auctions - PCGS Graded
Current Auctions - NGC Graded
For Sale Now at Collectors Corner - PCGS Graded
For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades Survival
Estimate
Numismatic
Rarity
Relative Rarity
By Type
Relative Rarity
By Series
All Grades 115 R-7.8 43 / 147 TIE 43 / 147 TIE
60 or Better 5 R-9.7 27 / 147 TIE 27 / 147 TIE
65 or Better 0 R-10.1 1 / 147 1 / 147
Survival Estimate
All Grades 115
60 or Better 5
65 or Better
Numismatic Rarity
All Grades R-7.8
60 or Better R-9.7
65 or Better R-10.1
Relative Rarity By Type All Specs in this Type
All Grades 43 / 147 TIE
60 or Better 27 / 147 TIE
65 or Better 1 / 147
Relative Rarity By Series All Specs in this Series
All Grades 43 / 147 TIE
60 or Better 27 / 147 TIE
65 or Better 1 / 147

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 MS62 PCGS grade  
	MS62 PCGS grade

Goldbergs 6/2014:1692, $22,912.50

1 MS62 PCGS grade

Goldbergs 6/2014:1693, $12,337.50

1 MS62 PCGS grade MS62 PCGS grade
1 MS62 PCGS grade
1 MS62 estimated grade
6 MS61 PCGS grade

Plate coin in the Winter second edition. Doug Winter - Lee Minshull, 1996 - Paul Dingler Collection - Grand Lake Collection - Heritage 2/2009:2525, $9,487.50

6 MS61 PCGS grade
8 AU58 PCGS grade
8 AU58 PCGS grade
8 AU58 PCGS grade
 
	MS62 PCGS grade 
#1 MS62 PCGS grade

Goldbergs 6/2014:1692, $22,912.50

#1 MS62 PCGS grade

Goldbergs 6/2014:1693, $12,337.50

MS62 PCGS grade #1 MS62 PCGS grade
#1 MS62 PCGS grade
#1 MS62 estimated grade
#6 MS61 PCGS grade

Plate coin in the Winter second edition. Doug Winter - Lee Minshull, 1996 - Paul Dingler Collection - Grand Lake Collection - Heritage 2/2009:2525, $9,487.50

#6 MS61 PCGS grade
#8 AU58 PCGS grade
#8 AU58 PCGS grade
#8 AU58 PCGS grade
Doug Winter: After a one-year hiatus, production of quarter eagles at the Charlotte Mint resumed in 1854. Only 7,295 examples were produced, giving this date the fifth lowest mintage figure of any quarter eagle from this mint.

Most often seen in the VF and EF range, the low mintage 1854-C quarter eagle is a scarce date in all grades. It is scarce in the lower AU grades and rare in properly graded AU55 to AU58. It is very rare in Uncirculated with approximately a half dozen or so known that qualify by today’s standards.

STRIKE: The 1854-C quarter eagle is generally not a well struck issue. Its quality of strike is fairly similar to that seen in the 1852-C. The central obverse is nearly always weakly detailed. The hair above and behind the ear is weak as are the curls above the eye. The top of Liberty’s head is mostly sharp, but on a number of pieces it shows considerable weakness. The stars are typically flat at the center and lack much detail on the radial lines. The reverse usually shows weakness on the right leg of the eagle, both claws and the lower portion of the neck. The outline of the shield at the right is weak as well. The date typically shows light strike doubling as do some of the stars.

SURFACES: There are very few examples known that do not show extensively abraded surfaces. In addition, a number were struck on poorly prepared planchets. Mint-made roughness is sometimes present around the date and many of the stars at the left. On the reverse there are clashmarks surrounding the eagle, as seen on the 1852-C quarter eagle. A number of 1854-C quarter eagles have an area of what appears to be extra metal at approximately 11:00 on the obverse rim. This is sometimes mistaken for damage but it is mint-made. On coins encased in third-party grading service holders, this may be hard to see.

LUSTER: The luster is grainy in texture and non-reflective. The overall quality is not very good. This is further exacerbated by the fact that most have been cleaned and the luster has been disturbed.

COLORATION: The few surviving pieces that show natural coloration show a medium to deep green-gold hue. Most 1854-C quarter eagles have been cleaned or dipped and, as a result, they have a bright, unnatural appearance.

EYE APPEAL: The typical 1854-C has poor overall eye appeal. This is due to weak strike, poor luster and a host of small mint-made planchet problems. A few attractive, higher grade pieces are known and these command strong premiums among knowledgeable specialists.

DIE CHARACTERISTICS: There is a strong die scratch which runs from the fraction bar down to the rim on the reverse. All known examples have a small mint-made depression to the right of the eagle’s neck.

DIE VARIETIES: A single variety is known.

Variety1 (formerly Variety 15-1): The 1 in the date is joined to the bust and it is very close to the denticles. The 4 is a little closer to the bust. The reverse is the same as described for the 1852-C.
David Akers (1975/88): Always weaklty struck, particularly on the eagle on the reverse. Most specimens have a partial wire rim. (See comments on the 1852-C). The 1854-C is a very rare date in all grades and is particularly difficult to obtain in full mint state. The piece that appeared in Lester Merkin's April 1970 sale was quite possibly the finest known.