1859 $2.50 New Reverse (Regular Strike)

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

PCGS MS64

PCGS MS64

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REVERSE COMPARISON

REVERSE COMPARISON

PCGS MS64

PCGS MS64

PCGS #:
7788
Designer:
Christian Gobrecht
Edge:
Reeded
Diameter:
18.00 millimeters
Weight:
4.18 grams
Mintage:
39,364
Mint:
Philadelphia
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 150 R-7.5 58 / 147 TIE 58 / 147 TIE
60 or Better 30 R-8.9 95 / 147 TIE 95 / 147 TIE
65 or Better 5 R-9.7 36 / 147 TIE 36 / 147 TIE
Survival Estimate
All Grades 150
60 or Better 30
65 or Better 5
Numismatic Rarity
All Grades R-7.5
60 or Better R-8.9
65 or Better R-9.7
Relative Rarity By Type All Specs in this Type
All Grades 58 / 147 TIE
60 or Better 95 / 147 TIE
65 or Better 36 / 147 TIE
Relative Rarity By Series All Specs in this Series
All Grades 58 / 147 TIE
60 or Better 95 / 147 TIE
65 or Better 36 / 147 TIE

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 MS66 PCGS grade
1 MS66 PCGS grade
1 MS66 estimated grade

Heritage 1/1998:7580, $21,850

4 MS65 PCGS grade
5 MS64 PCGS grade
5 MS64 estimated grade
5 MS64 estimated grade
8 MS63 PCGS grade
8 MS63 PCGS grade
8 MS63 PCGS grade
#1 MS66 PCGS grade
#1 MS66 PCGS grade
#1 MS66 estimated grade

Heritage 1/1998:7580, $21,850

#4 MS65 PCGS grade
#5 MS64 PCGS grade
#5 MS64 estimated grade
#5 MS64 estimated grade
#8 MS63 PCGS grade
#8 MS63 PCGS grade
#8 MS63 PCGS grade
David Akers (1975/88): The 1859 has the lowest mintage of any Philadelphia Mint quarter eagle of the 1850's. It is moderately scarce in all grades and really quite rare in choice uncirculated condition. In 1859, reverse dies were prepared from a new hub. The letters are smaller and more widely spaced than they are on the issues from 1840 to 1958 and the arrowheads are noticeably smaller. There are also differences in the shape of the claws, olive branch, and wing tips. This "new" design was used until the Liberty Head type was discontinued in 1907. A very interesting uniface die trial of this new reverse exists and was sold in Lester Merkin's October 1973 sale.
Gordon Wrubel: Quickfinder Notes: There is a very simple way to distinguish the New Reverse from the Old Reverse. Just look at the "O" in "OF". The New Reverse has a ROUND "O" and the Old Reverse has an OVAL "O". The branch mint issues from Dahlonega and San Francisco ( none were issued by the Charlotte Mint in 1859), all use the Old Reverse die. While very scarce, the 1861 New Reverse has has about twice as many survivors as the Old Reverse.