The 1882 Liberty Head $2.50 Gold Coin was minted in Philadelphia, the only facility that made Liberty Head $2.50 Gold Coins in 1882, striking just 4,000 gold coins that year. As is the case with all pre-1933 U.S. gold coins, only a small fraction of these classic gold quarter eagles remain today. Christian Gobrecht, who once served as the chief engraver of the U.S. Mint, was the designer of the gold coin.
The Liberty Head $2.50 Gold Coin features a simple design with attention to detail. These Liberty Head $2.50 Gold Coins were minted from 1840-1907, and featured a large head of Liberty facing left, wearing a wide coronet inscribed with the word LIBERTY. Her hair is pulled back in a bun and held in place by a string of pearls. Thirteen stars are placed around the periphery, representing the original colonies, with the date below.
The 1882 Liberty Head $2.50 Gold Coin well over 100 years old, is not often found in pristine condition. These coins were heavily circulated and have typically been subjected to much damage over the years. For collectors, the first thing they do is pour over the surfaces of these coins looking for any and all imperfections. They do this in order to give the coin a value.
Normally, the process of closely judging the condition of a coin is known as grading and is performed by a professional company. Realizing that not everyone has the money to pay professionals to have their coins graded, we have provided some grading specifications below.
Uncirculated: A coin that is graded to be Uncirculated is one that never saw time exchanging hands and was never subjected to damage. Instead, these coins were put away for safekeeping from the moment they were produced. Naturally, collectors will pay an absorbingly large price for these coins simply because their condition is as good as possible.
Extremely Fine: A coin receiving an Extremely Fine grade is one that saw just a bit of time being circulated. These coins will show some damage and signs of wear, but they will generally appear to have withstood the test of time well. Most of the finer detail such as the rivets of the pillar and the detail of the wing.
Fine: In this condition, the coin in question will show a good bit of damage from having spent a good bit of time in circulation. Though the major features of the coin will be able to be deciphered with the naked eye, the finer details will have faded away and smoothed out due to the exchanging of hands. These coins are not quite as valuable as the finer grades, but are still a great addition to any collection.
Good: To receive this grade, the coin in question will have had to be pretty well beaten up. Most of the coin’s faces will have smoothed out over the years and finer details have faded entirely. Thanks to the fact that these coins were so popular whilst in circulation, most on the market today are of this grade.
Pricing the Liberty Head $2.50 Gold Coin is as easy as looking at the condition of the coin. The condition the coin is in will play into the price you pay. As previously mentioned, collectors are willing to pay top-dollar for those coins that have been well-preserved. Refer to the chart below for a more accurate price determination for the Liberty Head $2.50 Gold Coin, graded.
Liberty Head $2.5 Gold Coin
|1882 Liberty Head $2.5 Gold Coin||N/A||N/A||$425||$575||Source: Red Book|