$2.5 Liberty Gold Quarter Eagle VF
as low as $438.03
Despite being overshadowed by larger-denomination coins like $20 Double Eagles and $10 Eagles, these $2.50 Liberty coins are notably undervalued considering their fundamental scarcity,
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From 1840 to 1907, the $2.5 Liberty Gold Quarter Eagle VF, also known as Coronet Quarter Eagles, were minted. Despite being overshadowed by larger-denomination coins like $20 Double Eagles and $10 Eagles, these $2.50 Liberty coins are notably undervalued considering their fundamental scarcity, particularly in higher Mint State grades. These coins offer a timeless design, a rich history, and exceptional scarcity and maintain moderate prices.
Approximately 12 million $2.50 Liberty gold coins were struck at five mints: Philadelphia (no mint mark), Charlotte (C), Dahlonega (D), New Orleans (O), and San Francisco (S). The majority of these coins have been lost to time and melting pots, rendering them highly scarce in today’s market, especially in higher grades. For instance, in Mint State 63 through Mint State 65, the number of certified survivors ranges from around 25,000 to fewer than 12,000, respectively. Remarkably, their prices remain affordable despite their scarcity.
- Scarcity and Minting History:
- Overlooked by gold investors favoring larger denominations.
- Nearly 12 million coins were struck at five different mints.
- Extreme scarcity in the market today, especially in higher grades.
- Longevity and Design:
- America’s longest-lived coin, maintaining the same design for 67 years.
- The Liberty (Coronet) design remained unchanged, unlike the redesigned $5 Half Eagle in 1866.
- Quarter Eagles were among the first gold coins minted in the United States, authorized by the Coinage Act of April 2, 1792.
- Denomination and Usage:
- Denomination of $2.50 with around an eighth of an ounce of pure gold.
- Widely used in daily transactions due to their small size.
- Frequently given as stocking-stuffers to children in well-off families, especially on the East Coast.
- Classic Design by Christian Gobrecht:
- Designed by Christian Gobrecht, featuring a classical bust of Liberty in profile facing left.
- Liberty’s hair is gathered in a bun, adorned with a coronet bearing the inscription “LIBERTY,” surrounded by thirteen stars representing the original states.
- The reverse depicts an American eagle with wings spread wide, holding arrows of war and olive branches of peace.
The enduring appeal of the $2.5 Liberty Gold Quarter Eagle VF lies in its classic design, historical significance, and relative affordability, making it a unique and valuable addition to any collection.
THESE COINS ARE IN VERY FINE VF CONDITION. THIS COIN HAS BEEN CIRCULATED AND HAS WEAR AND TEAR ON THE HIGH POINTS OF THE DESIGN.