1859 $2.50 New Reverse XF45 Certification #31982574, PCGS #7788

Expert Comments

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.
PCGS #
7788
Designer
Christian Gobrecht
Edge
Reeded
Diameter
18.00 millimeters
Weight
4.18 grams
Mintage
39364
Metal
90% Gold, 10% Copper
Pop Higher
80
Pop Lower
5
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 150 R-7.5 58 / 147 TIE 58 / 147 TIE
All Grades 30 R-8.9 95 / 147 TIE 95 / 147 TIE
60 or Better 5 R-9.7 36 / 147 TIE 36 / 147 TIE
65 or Better 150
All Grades 30
60 or Better 5
65 or Better R-7.5
All Grades R-8.9
60 or Better R-9.7
65 or Better 58 / 147 TIE
All Grades 95 / 147 TIE
60 or Better 36 / 147 TIE
65 or Better 58 / 147 TIE
All Grades 95 / 147 TIE
60 or Better 36 / 147 TIE

Condition Census Learn More

Pos Grade Thumbnail 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
#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