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Lot
3769

1849 $2 1/2 Mormon Quarter Eagle AU55 PCGS. K-1, High R.5. Struck from gold dust collected along the American River in Cali...

Auction: 2006 February Long Beach Signature Auction #400

Sold for: Not Sold
Ended: Feb 9, 2006
Item Activity: 8 Internet/mail/phone bidders
104 page views

Description:

Important 1849 Mormon Two and a Half Dollars

1849 $2 1/2 Mormon Quarter Eagle AU55 PCGS. K-1, High R.5. Struck from gold dust collected along the American River in California, soon after the Gold Rush began in 1848-49. Although coined from the native California gold, additional alloys were added which brought the fineness below the stated value on the coins. Repudiation by bankers followed, and few merchants accepted these pieces outside the Mormon Church. The vast majority of the issue was eventually melted. The present chestnut-gold example has pleasing sharpness on the clasped hands, and the minutely grainy surfaces exhibit only a few faint slide marks. The obverse die is buckled through the lower portion of the all seeing eye, which weakens that area, and is diagnostic for this issue. Population: 7 in 55, 1 finer (12/05). Listed on page 361 of the 2006 Guide Book. (#10259)

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Guides and Pricing Information:


Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 107, Lot 7606 Saturday, July 31, 1993 55 PCGS $18,700.00
Auction 394, Lot 3687 Saturday, January 7, 2006 55 NGC $34,500.00
View prices realized from this item in other grades (you must be signed in)
PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

Price Guide*

Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
PCGS+
53 --- --- --- --- --- $50,000 $51,000
55 --- --- --- --- --- $55,000 $57,500
58 --- --- --- --- --- $67,500 $70,000
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.

Population Guide

Service Grade Population in this Grade Population of Higher Grade Population in All Grades + Mintage Engraver
PCGS 55 7* 2* 30 0 0  
NGC 55 3 7 13 -
CAC 55 0 0 1 -
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auction Galleries.

Find Auction Prices for Comparable Items:


Photographs:



Territorial Gold, 1849 $2 1/2 Mormon Quarter Eagle AU55 PCGS. K-1, High R.5. Struck from gold dust collected along the American River in Cali...


Territorial Gold, 1849 $2 1/2 Mormon Quarter Eagle AU55 PCGS. K-1, High R.5. Struck from gold dust collected along the American River in Cali...


Territorial Gold, 1849 $2 1/2 Mormon Quarter Eagle AU55 PCGS. K-1, High R.5. Struck from gold dust collected along the American River in Cali...


Territorial Gold, 1849 $2 1/2 Mormon Quarter Eagle AU55 PCGS. K-1, High R.5. Struck from gold dust collected along the American River in Cali...

We changed the way we image slabbed coins on February 1, 2010, in order to get a more accurate image of the coin. To get the sharper details and more accurate colors we have focused the lighting on the actual coin, which has caused the top of the holders to appear darker and milky. Please disregard the color of the holders when examining the images.

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Heritage delivers Value - $678,485,768 sold at auction and in private treaty sales over the past 12 months.

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