The 1874 Liberty Head $2.50 Gold Coins were minted only in the Philadelphia facility, with just 3,920 pieces made. As is the case with all pre-1933 U.S. gold coins, a much smaller number of these pieces remain today than were minted, which means they are quite scarce in today’s collector market. For numismatists who enjoy 19th-century coins, the 1874 Liberty Head $2.50 Gold Coins are a cherished collector’s item among.
The Liberty Head $2.50 Gold Coin features the obverse (front) Lady Liberty, whose hair is worn in a tight bun secured by a string of beads with loose curls hanging down her neck. She is wearing a coronet inscribed with the word ‘Liberty’; 13 stars representing the 13 original colonies and the date of issue surround her. The reverse (back) features a proud bald eagle with wings spread, standing among olive branches. The eagle clinches three arrows in his talons, and has a shield featuring stars and stripes upon his chest. The words ‘UNITED STATES OF AMERICA’, the denomination, and the Mint Mark surround the eagle.
While any coin can have collectible value, coin collectors tend to focus their efforts on coins in great condition. It is very important, therefore, to consider the coin’s condition when looking at coins this old. Because they were minted so long ago now, however, finding coins in the best of shape can be hard even for seasoned collectors.
It is important to keep in mind how a coin might be graded by a professional numismatist. When you are inspecting a coin, you are really trying to get an idea of how that coin might be graded based on its condition. Use the specs below to get a good idea of what a Liberty Head $2.50 Gold Coin might look like in different grades.
Uncirculated: Coins assigned this grade are considered to be in excellent, almost pristine condition. These coins will have no flaws or blemishes and may be highly prized by serious coin collectors. This makes sense, after all, given the fact that these coins have never been handled on the open market. Just a quick glance at these coins and you will assume that they were just struck the same day.
Extremely Fine: Coins that are said to be extremely fine are also coveted by coin collectors. These coins appear to be in almost perfect condition as well, although they do have some very minor flaws. Any flaws may, however, only be seen under a very close visual inspection of the coin.
Fine: Many circulation coins available today will fall into this category. These coins have been widely used for decades and from all of the handling and exchanges they have experienced some wear and tear. This wear is not enough, however, to drastically affect the coin’s images or details.
Good: Most Liberty Head $2.50 Gold Coins out there today would be considered good. These coins have been heavily circulated over the years, and may have serious scratches, dents, divots or discoloration. Serious coin collectors will most often pass on these coins, rather pursuing coins in better overall condition.
To determine an accurate price for a 1874 Liberty Head $2.50 Gold Coin, you must first determine the coin’s condition. Coins in great to excellent condition may sell for much more than similar coins in fine or good condition. The chart below will help you get a good idea of what you may expect to pay for an 1874 Liberty Head $2.50 Gold Coin.
Liberty Head $2.5 Gold Coin
|1874 Liberty Head $2.5 Gold Coin||N/A||N/A||$400||$650||Source: Red Book|