1857 2.50 US Gold Quarter Eagle

1857 2.50 USD Gold Quarter Eagle

This is one of the few of my coins. May I know the value approximate value of this coin of mine. I don't know much about coin collection. Thank you.

 

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assuming that it is circulated,4-5 hundred federal reserve notes

 

Thank you so much ramm6 for your reply to my query.

 

That is an 1857-S, not an 1857 and this makes an enormous difference in value beginning in the higher AU grades. If authentic, the piece looks at least choice AU and would be worth over $2,000 while if uncirculated it is worth quite a bit more.

 

How do I know that my coin is an 1857-S or 1857?

Sorry for asking this question, I'm a newbie when it comes to coin collection.

 

There is a very large "S" right above the "2 1/2" on the bottom of the reverse. Even though it is large, it might be tough to see because it blends in somewhat with the design.

 

Is this the "S' that determines that my coin is an 1857-S?

Thank you.

 

That is correct it is an S there.

To give you a better idea and the range is quite wide. this coin at AU 50 is worth at least 830 dollars if it is an AU58 you are looking at about 3000 dollars.

granted these are estimates. you might want to think about getting the coin slabbed by a a major coin grader like pcgs or something. it would be worth the cost and it would protect the coin.

 

Welcome Edap, here's mine, it's an 1853 with more wear than a badly torn ligament. I got a 1 dollar gold today, maybe I'll post a pic tomorrow. The one dollar is smaller than a midget on reverse steroids, if that makes sense.

BTW: Have you weighed yours?

 

Edap617, I just went through investigating an 1854 quarter eagle. First and foremost you have to make sure it is genuine and not a fake. There are very many counterfeits out there.
Read up as much as you can about the coin. Its history, mintage, and most of all its diagnostics(letter and number size and style, any die clashes that it should have, and where to look first for wear spots, etc.) Don't let this this scare you, it is not that hard and is very, very interesting. I have a website for you to go to and you'll probably get everything you need to know from it. Oh a 10X loupe or ordinary microscope is a must. You have to be able to see very small details.

To do this you must be able to weigh the coin in grams. Any good coin scale will give you satisfactory readings but your coin may be vauable. So don't hem and haw on spendig up to $50 dollars if need be for a nice scale. Most scales are approx. $25.
Next, you'll need a measurment of the diameter of the coin. A digital micrometer is a great tool for this. But exercise extreme care so as you don't injure the coin. Practice on others first to get the feel of it. You may be able to rent one at Home Depot or hardware store. A good new one might run $15 to $25 dollars.
http://coinauctionshelp.com/Liberty_Head_$2.50_Quarter_Eagle.html
I wish you the same luck that I have had. zeke

 

Thank you Tom B, mystery45 and fretboard.

How can I have my coin graded by PCGS? BTW I am from the Philippines.

Fretboard, I have not yet weighed my coin.

 

From your photographs your 1857-S looks to be uncirculated and in my humble opinion at least, easily, MS60. That puts it into the $4000.00 to $6000.00 region. That's if it genuine. If all measurements and diags checkout you absolutely have to submit it to a grading company for complete authentification and grading. NGC, PCGS, nd ANACS are the three most repsected third party graders(TPG's).
Ask more questions and keep us informed on how you are doing. We are here for you.. zeke

 

Thank you so much, zeke.

My problem is my location physical location. I still have to find ways to physically bring my coin to grading company for authentication and grading.

I'm afraid to send it my mail because it might get lost. I didn't realize I have a valuable coin in my position.

 

Edap,
Could you post a pic of your coin next to another coin? The reason I am asking is because of the coloring and look of your gold coin, it just doesn't look right. thx :thumb:

Here's the 1 dollar gold coin I got in today's mail. Dang coin cost me as much as the quarter eagle. It looks way better in hand at least.

 

You might try a coin dealer with a known good honest reputation. Even a well known jewelery store that advertises for scrap gold and coins can give you advice. If he or she is a memember of a TPG they can help you and give you guidance for getting your coin attributed. Also you get their honest opinion of what the coin might be worth.
Put your coin in a 2X2 and staple it but be careful. Then initial it. Put elastic bands around it so that will act as protectors if dropped.Then initial it. Never let it out of your sight.
Take your time. In this case haste may be very wastful. All TPG's require registered insured mail upon submitting coins to them.
Use your telephone a lot and talk to various dealers and better yet coin collectors and their clubs. Talk to us too. zeke

 

Hey Fret. that's a nice looking $1 gold coin. Isn't it just loaded with character? The size of it is really neat IMHO. Somewhat the size of a collar button. Great buy.

 

Yeah I'm really happy with it! It's in alright condition as well, I had been wanting a 1 dollar for the longest time so I just said what the hay and bit the bullet!! :thumb:

 

:thumb:

 

Fretboard, here's 2 pics of my 1857-S coin side by side with few other coins. I found it difficult to photograph shiny objects. I took several pictures in front of the window and I selected only two for posting.

 

Just what I thought Edap. Your gold coin doesn't look good to me at all but I will let the more experienced say one way or the other what they think. You have some very nice coins I see. :thumb: