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    1844 Liberty Head $2.50 Gold Coin

    The 1844 Liberty Head $2.50 Gold Coins were designed by Christian Gobrecht, who would serve as the U.S. Mint’s chief engraver. 1844 Liberty Head $2.50 Gold Coins were made at the Philadelphia, Charlotte (C), and Dahlonega (D) mints. As with all pre-1933 gold coins, 1844 gold coins from the Charlotte and Dahlonega mints are considered rare by most U.S. coin collectors, as these coins were not saved in large quantities to begin with and most have been lost or melted.

    For collectors, collecting the Liberty Head $2.50 Gold Coin is quite the task seeing as many of the annual releases have up to five different varieties of coin. Not only must an investor establish what type(s) they would like, they must also execute the process of finding one of those coins in excellent condition. After all, condition is everything for collectors.

    Grading the 1844 Liberty Head $2.50 Gold Coin

    Coins that have been graded may carry significantly higher premiums than non-graded coins. The grading process is extremely thorough and often follows a set of specific steps to determine a coin’s overall condition, authenticity and precious metals content. An expert grader, or team of graders, however, will make the final determination on how a coin will be graded. Coins that are in excellent condition can be considerably more valuable than coins in lesser condition. You can get a good idea of what grade your coin may be assigned by closely inspecting the coin’s details and surfaces while looking for any blemishes or imperfections.

    Use the specifications below to determine how your Liberty Head $2.50 Gold Coin might be graded.

    Uncirculated: Coins that are in uncirculated condition will display no signs of wear or tear. These coins will look brand new, as if they were just struck hours before. The coin’s images and text will be rich and robust, with even the smaller details being noticeable. The texture of the coin will be as intended since these coins have not exchanged hands over the years. The coin’s color or luster can, however, show signs of the coin’s age. By using a magnifying glass you will be able to see if the details are in excellent condition or if they have experienced any erosion or wear.

    Extremely Fine: Coins that are in extremely fine condition are very beautiful and considered to be in excellent condition. A step below the uncirculated grade, these coins may exhibit some small surface imperfections like scratches or dents. Small details on the coin’s surfaces may appear slightly worn down or eroded. The coin’s texture may also feel smoother from the wear and tear it has experienced being traded over the years.

    Fine: Another step down on the coin grading ladder, coins in fine condition still have their details intact, but there may be significant damage present and visible to the naked eye. The coin may show considerable wear, and its details may also appear to be worn down from use. The coin may also lack any shine, and may even appear quite dull.

    Good: Moving on down the grading scale, coins that are in good condition may have significant damage to the coin’s surfaces. This damage can even make it difficult to discern the coin’s identity and details without the use of a magnifying glass or microscope. Although these coins may show their age and may appear dull, scratched or even nearly rubbed free from detail, they may still be highly valuable and coveted by collectors depending on coin type, mintage and other factors.

    Pricing the 1844 Liberty Head $2.50 Gold Coin

    Determining a price for a 1844 Liberty Head $2.50 Gold Coin is as easy as taking into consideration a few different factors. For one, the fact that multiple types of gold coins were minted every year, the scarcity associated with that specific type will affect the price. Secondly, the condition of the coin, being as important as it is, will play heavily into how much you might be asked to pay for the coin. Below is a list of the prices you might be asked to pay for a graded Liberty Head $2.50 Gold Coin from 1844.

    Liberty Head $2.5 Gold Coin

    1844 Liberty Head $2.5 Gold Coin N/A N/A $850 $2,000
    1844 Liberty Head $2.5 Gold Coin (C) N/A N/A $2,250 $3,250
    1844 Liberty Head $2.5 Gold Coin (D) N/A N/A $2,500 $3,000
    Source: Red Book

    All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as financial advice.