The 1872 Liberty Head $2.50 Gold Coins were produced in the Philadelphia and San Francisco mints. Although the mintage figures reflect the striking of thousands of Liberty Head $2.50 Gold Coins, only hundreds exist today, This is due mainly to the melting of these pre-1933 U.S. coins during the 20th century.
Liberty Head $2.50 Gold Coins consist of 90 percent gold and 10 percent copper. They have a weight of 4.18 grams, contain a total of 0.1202 ounces of gold, and measure 18 millimeters in diameter, which is roughly the diameter of a current U.S. dime. Christian Gobrecht designed 1872 Liberty Head $2.50 Gold Coins. In addition to having served as the U.S. Mint’s chief engraver, Gobrecht may be most recognized as having designed Seated Liberty coinage, which ran from the late 1830s through 1891.
Coins can experience extensive handling and wear over the years. The older the coin is, the more that wear and tear may have taken a toll on its condition. Coin collectors will generally focus on coins that show little to no signs of wear from use. Coins in poor condition can, however, still have collectible value based on scarcity, year and type. Finding coins of this age in great shape is no easy task given how long they have been around.
While professional coin grading companies actually assign grades to coins, you can get a very good idea of how your coin might be graded by visually inspecting it. Use the simple guide below to get an idea of what a Liberty Head $2.50 Gold Coin might look like in various grades.
Uncirculated: An uncirculated coin will show no signs of age related wear and tear. In fact, these coins will appear to be in freshly struck, pristine physical condition. This makes sense, given the fact that these coins have not been subjected to the rigors of circulation. Coins in uncirculated condition are most often what coin collectors are looking for.
Extremely Fine: Just a step below uncirculated grade, coins in extremely fine condition may also be prized by coin collectors. To achieve such a grade, the coin must have only very minor damage or wear. Often times, this wear is only visible under a very close examination.
Fine: Although a coin in fine condition will still have images or details that remain intact, these coins will also often have serious blemishes or damage. This is usually due to the fact that they have been in use for so long and through countless exchanges.
Good: Most of the Liberty Head $2.50 Gold Coins on the market today are scratched, dented or discolored, and therefore would fall into the category of good. These coins have been used in circulation for decades, and they show their age. Coin collectors will often pass on these coins, rather looking for similar coins in better shape.
To get an accurate idea of the value of a 1872 Liberty Head $2.50 Gold Coin, you must first determine what type of gold coin it is. Mint year 1872 had two different types produced. Certain types may be far more valuable than others. In addition to the coin type, you must also assess the coin’s condition. Coins that are in superior condition will often sell for far more than similar coins in a lesser condition. The chart below will help you get a good idea on what you might expect to pay for a 1872 Liberty Head $2.50 Gold Coins based on the coin’s type and grade.
Liberty Head $2.5 Gold Coin
|1872 Liberty Head $2.5 Gold Coin||N/A||N/A||$700||$1,100|
|1872 Liberty Head $2.5 Gold Coin (S)||N/A||N/A||$400||$950||Source: Red Book|