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    1848 Liberty Head $2.50 Gold Coin

    The 1848 Liberty Head $2.50 Gold Coins were designed by Christian Gobrecht. These gold coins were produced at the Philadelphia, Charlotte (C), and New Orleans (O) mints. As with all gold coins, 1848 Liberty Head $2.50 Gold Coins are scarce by every measure. 1848 Liberty Head $2.50 Gold Coins struck at the Charlotte and Dahlonega mints are the rarest in terms of overall availability, these coins were not saved in substantial quantities to begin with, and most have been lost or melted. The 1848 “CAL” Liberty Head $2.50 Gold Coin is technically the first United States commemorative coin, marking the discovery of gold near Coloma, California. Meaning, the start of the Gold Rush period.

    For collectors, it is always a goal to find coins in the best possible condition because no one wants to boast a collection of coins that is grim. With regard to the 1848 Liberty Head $2.50 Gold Coin, finding one in great condition is no simple task.

    Grading the 1848 Liberty Head $2.50 Gold Coin

    Coin grading is performed by expert numismatists or a team of numismatists. The process is rigid, and there are many steps involved in it. A Grading company will verify the coin’s metal content and authenticity. They will also perform multiple physical inspections of the coin. A coin’s final grade, however, will be the opinion of coin experts that have examined the coin. You can get a very good idea of how your coin may be graded by thoroughly inspecting your coin while looking for any damage or signs of wear and tear.

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

    Uncirculated: A coin in uncirculated condition will have no signs of damage and no scratches to the surface. These coins will look brand new, as if they just came out of the mint today. The coin’s details, will appear freshly struck and will not feel worn to the touch. All lines and even small details will appear crisp and clean. You can use a magnifying glass to examine the details of your coin. A close look will show you if the coin’s details remain in new condition or of any wear or damage has taken place.

    Extremely Fine: A step just below the uncirculated grade, a coin in extremely fine condition may have some visible wear and tear on the coin’s surface. Certain details may appear to be worn down, and the coin may have a different feel to it. That being said, a coin in extremely fine condition remains beautiful and looks to be in near-perfect condition.

    Fine: A coin that is in fine condition shows noticeable wear and tear. The coin’s text, images or other details may have scratches or damage and the coin’s finish may appear to be less shiny. These coins generally show their age.

    Good: A coin that is in good condition may have severe damage to the faces, and this damage may make it difficult to simply determine what is on the coin. In fact, the damage may require use of a magnifying glass or other visual aid to make out certain details on the coin. In addition, any text on the coin may be unreadable. Despite this, coins in fine condition may be very valuable depending on their type, year, relative scarcity and other factors.

    Pricing the 1848 Liberty Head $2.50 Gold Coin

    The Liberty Head $2.50 Gold Coin is easy to price simply because there are only a few different factors you have to take into consideration. For one, because there were multiple types of these coins produced every year, the type of coin you have will directly influence the price you pay for it. The condition of the coin is also something that plays into the price. The more well-preserved the coin is, the higher the asking price will be. Below is a chart of the prices you can expect to pay for a Liberty Head $2.50 Gold Coin from 1848 given its condition and type.

    Liberty Head $2.5 Gold Coin

    DATE GOOD FINE EXTREMELY FINE UNCIRCULATED
    1848 Liberty Head $2.5 Gold Coin N/A N/A $900 $1,750
    1848 Liberty Head $2.5 Gold Coin (C) N/A N/A $2,500 $3,500
    1848 Liberty Head $2.5 Gold Coin (D) N/A N/A $2,500 $3,500
    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.