USA 2.5 dollars Classic Head 1837

USA, Philadelphia
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Rarity

Rare

Attributes of Coins

RegionUSA
Denomination2½ dollars
Krause numberKM# 56
Mintage45,080
MetalGold 0.917
diameter18.2 mm
weight4.18 g
Obverse:
coin obverse image
Liberty
Star
Creators:
William Kneass
LIBERTY
Reverse:
coin reverse image
Coat of arms
Creators:
William Kneass
2 1/2 D
UNITED STATES OF AMERICA

Introduction of Coins

The 1837 quarter eagle issue by any measure is the rarest, most elusive, and priciest of the first four Classic Head quarter eagles, one that shows an extremely steep price/condition curve as the higher Mint State levels are ascended, from MS62 to MS63 to MS64 to MS65. The mintage was recorded at only 45,080 pieces--but Mint history makes it clear that to assume all of those coins were dated 1837 would be an enormous leap of faith. The nominal mintage is nonetheless several times less than the previous three years' issues.       

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