The Liberty Head $2.50 Gold Coins are a popular series of gold coins that, as a regular production, ran from 1840-1907. These coins have gained a lot of attention from collectors both in the US and abroad. As a pivotal part of US coinage history, it really shouldn’t come as much of a surprise that these coins are highly valued by collectors.
The 1890 Liberty Head $2.50 Gold Coins are collectible coins that many investors enjoy buying. The U.S. Mint produced 8,720 of these coins, however, only a small fraction of those coins still exist. This is a common situation for pre-1933 U.S. coins, which were sent to the smelter in huge numbers during the 20th century. Since these coins are becoming increasingly scarce with each passing year, it is important to get your hands on them while you can.
No matter the type of collector, the condition of a given coin is absolutely paramount. Because no one desires to add poorly-preserved coins to their collection, most collectors will not rest until they have a complete collection of pristine coins.
Under normal circumstances, a collector looking to ensure that their collection is in tip-top shape will send his coins away for grading. Unfortunately, not everyone has the time and money to send their coins to a professional company to be graded, and for that reason we have provided an outline below which explains the basic characteristics tied to coins of a specific grade.
Uncirculated: Uncirculated coins are considered to be the most desirable because they have spent no time exchanging hands and, as such, have not been damaged or worn whatsoever. Though they were produced more than a century ago, Liberty Head $2.50 Gold Coin graded to be Uncirculated will appear as though they were just rolled off the press a few weeks ago.
Extremely Fine: A coin that is given the grade Extremely Fine is one that spent only a very limited amount of time being circulated. These coins will take on the appearance of a pristine coin, but under close inspection you will be able to pick out some wear due to the coin having been circulated for a limited amount of time. Fortunately, the wear present on Extremely Fine coins is extremely light in nature.
Fine: A coin that is graded to be Fine is one that saw a moderate amount of time in circulation, and incurred a good bit of damage as a result. Though you will be able to quite easily make out wear and tear, these coins are in relatively great condition when you consider how old they are. With all of the imagery and texture of the coin intact, a Fine Liberty Head $2.50 Gold Coin is a great addition to any collection.
Good: This is the grade given to those coins that were circulated for decades upon decades. As a result of their extremely elongated circulation, coins graded to be Good are home to a lot of significant wear, including heavy scratching, chipping, and any number of other deficiencies. Despite their poor appearance, even Liberty Head $2.50 Gold Coin in this condition are sought after by collectors.
In order to determine a price for the Liberty Head $2.50 Gold Coin, you really need not look much further than its condition. For coins so old, even the most marginal differences in the coin’s condition can mean massive price differences. In addition, the coin’s scarcity plays into the price. Below is a chart that will help you understand what you might be asked to pay for an Liberty Head $2.50 Gold Coin.
Liberty Head $2.5 Gold Coin
|1890 Liberty Head $2.5 Gold Coin||N/A||N/A||$375||$385||Source: Red Book|