The 1899 Liberty Head $2.50 Gold Coins are among the most widely collected and most popular pre-1933 U.S. gold coins on the market today. The U.S. Mint struck 27,200 coins, which is a fairly massive number as compared to other $2.50 issues from the 1880s and 1890s, though a much smaller amount of these coins survives today. This is the case with most pre-1933 U.S. gold coins, which were melted in huge numbers and are now quite scarce today.
The Liberty Head $2.50 Gold Coins were designed by engraver Christian Gobrecht, who had served as the U.S. Mint’s chief engraver during a part of the 1840s. Gobrecht gained what many numismatists would consider his greatest recognition for designing Seated Liberty silver coinage, which was produced from the late 1830s through 1891.
Coins from 1898 such as the Liberty Head $2.50 Gold Coin are sought after by collectors, but the condition that the coin is in matters before anything else. No matter who you are, if you are a coin collector there is no doubting that you would prefer to only add those extremely well-preserved pieces to your collection. Naturally, collection full of well-preserved coins trumps that which is full of inconsistently worn pieces.
Normally, in order to have the condition of a coin such as the 1899 Liberty Head $2.50 Gold Coin judged, you would send the coin away to a professional company for grading. Because not everyone has the time and money to send their coins away, you will find that we have provided below an outline describing the characteristics of specific coin grades as to give you a better idea of what certain graded coins might look like.
Uncirculated: By definition, an Uncirculated coin is one that spent no time exchanging hands on the open market and was instead kept in safekeeping throughout its life. Because of this, the coins of this grade will be in near-perfect condition with almost no imperfections whatsoever. Appearing as if they were minted a few weeks ago, these are the most highly sought after types of Liberty Head $2.50 Gold Coins.
Extremely Fine: A coin given this grade is one that spent very little time in circulation. Thanks to the coin having been pulled out of circulation before long, there will be almost no signs of wear and tear present on the faces. Under close inspection, however, you will be able to notice some extremely light wear. Despite this, these coins are extremely valuable in the eyes of collectors.
Fine: A coin that is graded to be Fine is one that saw a lot of time in circulation, but did not incur a lot of damage as a result. These coins will show consistent scratching and some other signs of wear and tear, but the overall integrity of the imagery and inscriptions will have been maintained.
Good: Coins of this grade are, in so many words, the worst of the worst. These coins are the most heavily circulated and are complete with a good amount of damage. These coins are in poor condition, but they are still a great addition to any collection.
When it comes to determining a price for the 1899 Liberty Head $2.50 Gold Coin, you really do not need to look much further than its grade/condition. Naturally, those 1899 Liberty Head $2.50 Gold Coins that have been well-preserved are going to fetch a higher price than those that have been heavily damaged. Below is a chart aimed at giving you a better idea as to what you might be charged for an 1899 Liberty Head $2.50 Gold Coin given its grade.
Liberty Head $2.5 Gold Coin
|1899 Liberty Head $2.5 Gold Coin||N/A||N/A||$340||$350||Source: Red Book|