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SERIES: Liberty Head $2 1/2 1840-1907
LEVEL: Year, MintMark, & Major Variety

1841 $2.50 (Regular Strike)

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PCGS MS61

PCGS AU58


PCGS AU53
Image courtesy of Heritage Numismatic Auctions
PCGS #:
87720
Diameter:
18.00 millimeters
Designer:
Christian Gobrecht
Weight:
4.18 grams
Edge:
Reeded
Mintage:
est. 100
Metal Content:
90% Gold, 10% Copper
Auction Record:
$149,500 • NGC PR55 • 4-18-2012 • Heritage
Go To Grade
  • 4
  • 35
  • 40
  • 45
  • 50
  • 53
  • 55
  • 58
  • 61
  • 63
 
Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 12 R-9.5 1 / 147 TIE 1 / 147 TIE
60 or Better 1 R-10.0 1 / 147 TIE 1 / 147 TIE
65 or Better 0 R-10.1 1 / 147 1 / 147
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS61 PCGS grade

Norweb Family Collection -
Bowers & Merena 3/1988:1970, $30,800 –
Superior “Auction ‘89” 7/1989:844, $30,800

2 AU58 PCGS grade

MARCG 5/1985:1223, $21,000 –
Superior Galleries “Heifetz” 10/1989:3995, $25,300 –
Akers “Auction ‘90” 8/1990:1841, $23,000 –
R.M. Limited Partnership –
Heritage 7/2009:1230, $132,250

3 AU53 PCGS grade  

Stephen Baer –
Q. David Bowers -
Arthur Lamborn (one of two that he owned, per Breen) -
B&R "Fairfield" 10/1977:1481, $19,000 -
Kreisberg "Windsor" 11/1981:254, $19,500 –
Stack’s/Superior “Charles Kramer” 11/1988:115, $25,300 –
Superior 5/1989:1751, $25,300 –
Superior “Heifetz” 10/1989:3996, $20,350 –
B&M “Morgan & Leckar” 11/1998:2157, $74,000 -
Superior 1/2004:783, $86,250 -
Baltimore Collection, Part II -
Heritage 10/2011:4758, $132,250

3 AU53 PCGS grade

Arthur Lamborn “Fairfield Collection” (duplicate) - Bowers & Ruddy “Herdman” 12/1977:6406, $17,500 - Heritage 2/2007:4375, $109,250 - Heritage 3/2014:30299, $164,500

5 AU50 estimated grade  

Lilly Collection -
National Numismatic Collection at the Smithsonian Institution

Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS61 PCGS grade

Norweb Family Collection -
Bowers & Merena 3/1988:1970, $30,800 –
Superior “Auction ‘89” 7/1989:844, $30,800

2 AU58 PCGS grade

MARCG 5/1985:1223, $21,000 –
Superior Galleries “Heifetz” 10/1989:3995, $25,300 –
Akers “Auction ‘90” 8/1990:1841, $23,000 –
R.M. Limited Partnership –
Heritage 7/2009:1230, $132,250

3 AU53 PCGS grade  

Stephen Baer –
Q. David Bowers -
Arthur Lamborn (one of two that he owned, per Breen) -
B&R "Fairfield" 10/1977:1481, $19,000 -
Kreisberg "Windsor" 11/1981:254, $19,500 –
Stack’s/Superior “Charles Kramer” 11/1988:115, $25,300 –
Superior 5/1989:1751, $25,300 –
Superior “Heifetz” 10/1989:3996, $20,350 –
B&M “Morgan & Leckar” 11/1998:2157, $74,000 -
Superior 1/2004:783, $86,250 -
Baltimore Collection, Part II -
Heritage 10/2011:4758, $132,250

3 AU53 PCGS grade

Arthur Lamborn “Fairfield Collection” (duplicate) - Bowers & Ruddy “Herdman” 12/1977:6406, $17,500 - Heritage 2/2007:4375, $109,250 - Heritage 3/2014:30299, $164,500

5 AU50 estimated grade  

Lilly Collection -
National Numismatic Collection at the Smithsonian Institution

6 EF45 PCGS estimated grade

Stack's “James A. Stack, Sr.” 10/1994:865, $66,000 -
David Lawrence Rare Coins “Richmond Collection” 7/2004:1097 –
Superior 1/2005:970, not sold -
Heritage 5/2005:8505, $103,500

6 EF45 PCGS grade
6 EF45 PCGS estimated grade  

"...discovered in a safety deposit box, has remained unknown for many years and is now being offered at auction for the first time" (per Christie's description) - Christie's 4/1985:937 (plate-matched to the following) - Superior “Auction ‘86” 7/1986:1345 (as “Extremely Fine 45”), $18,700 - Heritage 4/2012:5220 (as NGC PR55 178815-002), $149,500

9 EF40 PCGS estimated grade  

New York non-collector –
Empire Coins –
Empire Review #14 at $15,000 –
Arthur Lamborn (one of two that he owned, per Breen) –
Paramount “Auction ‘85” 7/1985:1419, $12,650 –
Superior 9/1999:1862 -
ANR 9/2005:1074, $92,000

10 VF35 estimated grade  

Merkin 2/1972:368A, $11,000 (check the sale date; Bowers listed this as 6/1971) -
"Terrell' 5/1973:1009, $10,050 -
Stack's "Robison" 2/1979:115, $13,000

Ron Guth: The 1841 Quarter Eagle, also known as the "Little Princess" is one of the rarest of all United States coins, with 16 examples known.  The 1841 Quarter Eagle was long considered a Proof-only issue, but the large number of circulated examples implied that a small quantity was minted for circulation.  Unfortunately, Mint Reports give no indication that such a mintage occurred, however, this is also true for coins such as the 1870-S Half Dime, the 1870-S Silver Dollar, and others.  On February 28, 2012, PCGS announced it would distinguish between circulation strike and Proof 1841 Quarter Eagles.  This decision, while not unanimous among numismatic experts, represented a major policy shift, with profound implications for value and desirability of an already famous U.S. coin.