$ 2.50 Liberty Quarter Eagle NGC MS62
$2.50 Liberty gold Quarter Eagle NGC MS62 (We offer both PCGS and NGC at this price, but being generic gold, dates are of our choice). NGC published value = $575 as of the time of this writing. You may receive this exact coin or a substantially similar one depending upon our order flow. If this is the case, the denomination, grade, service and price will be the same but the coin date will be of our choice. PayPal orders add 3%. We do not accept credit cards at this time. Except for the past year, the price levels of MS62 $2.50 Libertys haven’t been at this level since a brief low in the fall of 2008, no doubt in conjunction with the start of the financial crisis. Prior to this though, we haven’t seen prices this low since the start of the last market rally in 2003. See our website tab entitled “Gold Charts” for a much more technical graph analysis of price movement. Got one to sell? Call 630-280-7300 for the latest quotes.
Designed by Christian Gobrecht, the “Coronet,” or Liberty Head Quarter Eagle, was issued annually for 67 consecutive years between 1840 and 1907. These coins were issued from the Philadelphia, New Orleans, Charlotte, Dahlonega, and San Francisco Mints. Like most other gold and silver issues, Liberty Head Quarter Eagles disappeared from circulation during the early years of the Civil War, and were not seen again in large numbers until specie payments were resumed in 1876.
There are a number of issues with the Liberty Quarter Eagle series that are very rare to exceedingly rare yet the prices realized for such issues are not much more than coins encountered far more frequently. Lately, the values for Liberty Quarter eagles produced at the branch mints of Dahlonega and Georgia have increased dramatically in all conditions, this market movement due, in whole, to a number of collectors entering into the market within the past three years all vying for the same coins.
While this series has its share of rarities, perhaps one of the best known pieces is the 1848 with “CAL.” counterstamped on the reverse above the eagle. These coins were struck from gold sent to the Secretary of War from the military governor of California. After it had been turned over to the Mint, this gold was coined into quarter eagles. The “CAL.” counterstamp was added to the coins while they were still in the dies, signifying that they were the first federal coins struck from gold received at the Philadelphia Mint from the large California gold discoveries. Today, this first U.S. “commemorative” is one of the most highly-prized U.S. gold coins.