1837 $2.50 AU53 Certification #18697892, PCGS #7695

Owner's Comments

After a record mintage of almost 548 thousand quarter eagles in 1836, the production dropped off dramatically in 1837 to a little over 45 thousand. Part of the reason for this low mintage was probably the Panic of 1837 which curtailed economic activity. It has been estimated that only about 300 of these coins exist today.

Expert Comments

David Akers (1975/88)

The relatively low mintage and low number of auction appearances correctly indicate that this is a very scarce date. Choice uncirculated specimens are much more elusive than the three preceeding dates, and most of the ones that I have seen are frosty and softly struck over Liberty's ear.
PCGS #
7695
Designer
William Kneass
Edge
Reeded
Diameter
18.20 millimeters
Weight
4.18 grams
Mintage
45080
Metal
90% Gold, 10% Copper
Pop Higher
75
Pop Lower
128
Region
The United States of America
Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Rarity and Survival Estimates Learn More

Grades
65 or Better 300 R-6.4 5 / 11 5 / 11
All Grades 35 R-8.8 6 / 11 6 / 11
60 or Better 3 R-9.8 1 / 11 TIE 1 / 11 TIE
65 or Better 300
All Grades 35
60 or Better 3
65 or Better R-6.4
All Grades R-8.8
60 or Better R-9.8
65 or Better 5 / 11
All Grades 6 / 11
60 or Better 1 / 11 TIE
65 or Better 5 / 11
All Grades 6 / 11
60 or Better 1 / 11 TIE

Condition Census Learn More

Pos Grade Thumbnail Pedigree and History
1 MS65+ PCGS grade MS65+ PCGS grade
2 MS65 PCGS grade MS65 PCGS grade

Heritage 8/2004:7164 - Heritage 6/2008:1804 - Larry Hanks (as agent?) - D. Brent Pogue Collection

3 MS64 PCGS grade
3 MS64 PCGS grade
5 MS63 PCGS grade
MS65+ PCGS grade #1 MS65+ PCGS grade
MS65 PCGS grade #2 MS65 PCGS grade

Heritage 8/2004:7164 - Heritage 6/2008:1804 - Larry Hanks (as agent?) - D. Brent Pogue Collection

#3 MS64 PCGS grade
#3 MS64 PCGS grade
#5 MS63 PCGS grade