1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC Best

Description

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

The 1856-S Liberty Gold Quarter Eagle, graded MS-62 by the Numismatic Guaranty Company (NGC), is a significant artifact from the mid-19th century, reflecting the economic and historical context of its era. This coin, minted in San Francisco, offers a glimpse into the burgeoning economic activities following the California Gold Rush and stands as a testament to the craftsmanship of the U.S. Mint during that period.

Historical Context

The discovery of gold at Sutter’s Mill in 1848 sparked the California Gold Rush, leading to a massive influx of settlers and prospectors into the region. This rapid population growth and economic boom necessitated the establishment of a local mint to facilitate commerce and manage the abundant gold resources. Consequently, the San Francisco Mint was established in 1854, becoming a pivotal institution in converting raw gold into coinage.

The 1856-S Quarter Eagle holds particular significance as it represents one of the earliest gold coins produced by the San Francisco Mint. Notably, there was no Quarter Eagle minted in San Francisco in 1855, making the 1856-S the first collectible U.S. Quarter Eagle from this branch mint. This coin not only facilitated local transactions but also symbolized the federal government’s commitment to supporting the expanding western frontier.

Design and Specifications

Designed by Christian Gobrecht, the 1856-S Liberty Gold Quarter Eagle features classic motifs emblematic of mid-19th-century American coinage.

• Obverse: The obverse showcases a left-facing profile of Lady Liberty adorned with a coronet inscribed with the word “LIBERTY.” Thirteen stars encircle her, representing the original colonies, with the date “1856” positioned below.
• Reverse: The reverse depicts a heraldic eagle clutching an olive branch and arrows, symbolizing peace and readiness for defense. A shield adorns the eagle’s chest, and the “S” mintmark, denoting the San Francisco Mint, is located beneath the eagle. The inscriptions “UNITED STATES OF AMERICA” and “2 1/2 D.” (indicating the denomination) encircle the design.

The coin is composed of 90% gold and 10% copper, aligning with the standard gold alloy of the time. It has a diameter of 18 millimeters and contains approximately 0.1209 troy ounces of gold. The reeded edge adds a layer of security, deterring clipping and counterfeiting.

Mintage and Rarity

In 1856, the San Francisco Mint produced 72,120 Liberty Gold Quarter Eagles. While this mintage figure might seem substantial, the survival rate of these coins, especially in uncirculated condition, is relatively low. Many coins from this era were heavily circulated, melted down, or lost, contributing to their rarity today.

As of recent data, NGC has graded only nine examples of the 1856-S Quarter Eagle at the MS-62 level, with a single coin graded higher. This scarcity in high grades underscores the coin’s desirability among collectors and investors. The combination of historical significance, limited mintage, and low survival rate in mint state makes the 1856-S Quarter Eagle a prized piece in numismatic circles.

Market Performance and Investment Potential

The 1856-S Liberty Gold Quarter Eagle’s value is influenced by factors such as condition, rarity, historical importance, and market demand. Coins graded MS-62 by NGC have realized significant prices in the marketplace. For instance, a recent offering listed an MS-62 graded coin at $5,829.00, highlighting its premium valuation. It’s essential to note that market prices can fluctuate based on economic conditions, gold prices, and collector interest.

Investing in such rare coins requires careful consideration. Potential investors should consult with reputable numismatic experts and consider factors like provenance, market trends, and long-term investment goals. The 1856-S Quarter Eagle, with its historical context and rarity, often appeals to those seeking both a tangible asset and a piece of American history.

Preservation and Grading

The condition of a coin profoundly impacts its value. The Sheldon Scale, ranging from 1 to 70, is the standard grading system, with higher numbers indicating superior preservation. An MS-62 grade denotes an uncirculated coin with minimal contact marks and strong luster, though it may exhibit slight imperfections.

NGC’s encapsulation process involves sealing the coin in a protective holder, ensuring its authenticity and grade are preserved. This service provides collectors and investors with confidence in the coin’s condition and legitimacy. Proper storage, away from environmental hazards, is crucial to maintain the coin’s state and value over time.

Comparative Analysis

When evaluating the 1856-S Quarter Eagle, it’s insightful to compare it with other coins from the same series or era. For example, the 1848 “CAL.” Quarter Eagle holds historical significance due to its association with the California Gold Rush and has achieved auction prices exceeding $500,000. While the 1856-S may not reach such lofty valuations, its connection to the early operations of the San Francisco Mint and its limited availability in high grades make it a noteworthy collectible.

Conclusion

The 1856-S Liberty Gold Quarter Eagle MS-62 NGC is more than a gold coin; it’s a tangible link to a transformative period in American history. Its creation during the post-Gold Rush era, combined with its limited mintage and survival in uncirculated condition, renders it a valuable asset for collectors and historians alike. As with any investment in rare coins, due diligence, consultation with experts, and a passion for numismatics are essential to fully appreciate and benefit from such a remarkable piece.

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

The 1856-S Liberty Gold Quarter Eagle, graded MS-62 by the Numismatic Guaranty Company (NGC), is a significant artifact from the mid-19th century, reflecting the economic and historical context of its era. This coin, minted in San Francisco, offers a glimpse into the burgeoning economic activities following the California Gold Rush and stands as a testament to the craftsmanship of the U.S. Mint during that period.

Historical Context

The discovery of gold at Sutter’s Mill in 1848 sparked the California Gold Rush, leading to a massive influx of settlers and prospectors into the region. This rapid population growth and economic boom necessitated the establishment of a local mint to facilitate commerce and manage the abundant gold resources. Consequently, the San Francisco Mint was established in 1854, becoming a pivotal institution in converting raw gold into coinage.

The 1856-S Quarter Eagle holds particular significance as it represents one of the earliest gold coins produced by the San Francisco Mint. Notably, there was no Quarter Eagle minted in San Francisco in 1855, making the 1856-S the first collectible U.S. Quarter Eagle from this branch mint. This coin not only facilitated local transactions but also symbolized the federal government’s commitment to supporting the expanding western frontier.

Design and Specifications

Designed by Christian Gobrecht, the 1856-S Liberty Gold Quarter Eagle features classic motifs emblematic of mid-19th-century American coinage.

• Obverse: The obverse showcases a left-facing profile of Lady Liberty adorned with a coronet inscribed with the word “LIBERTY.” Thirteen stars encircle her, representing the original colonies, with the date “1856” positioned below.
• Reverse: The reverse depicts a heraldic eagle clutching an olive branch and arrows, symbolizing peace and readiness for defense. A shield adorns the eagle’s chest, and the “S” mintmark, denoting the San Francisco Mint, is located beneath the eagle. The inscriptions “UNITED STATES OF AMERICA” and “2 1/2 D.” (indicating the denomination) encircle the design.

The coin is composed of 90% gold and 10% copper, aligning with the standard gold alloy of the time. It has a diameter of 18 millimeters and contains approximately 0.1209 troy ounces of gold. The reeded edge adds a layer of security, deterring clipping and counterfeiting.

Mintage and Rarity

In 1856, the San Francisco Mint produced 72,120 Liberty Gold Quarter Eagles. While this mintage figure might seem substantial, the survival rate of these coins, especially in uncirculated condition, is relatively low. Many coins from this era were heavily circulated, melted down, or lost, contributing to their rarity today.

As of recent data, NGC has graded only nine examples of the 1856-S Quarter Eagle at the MS-62 level, with a single coin graded higher. This scarcity in high grades underscores the coin’s desirability among collectors and investors. The combination of historical significance, limited mintage, and low survival rate in mint state makes the 1856-S Quarter Eagle a prized piece in numismatic circles.

Market Performance and Investment Potential

The 1856-S Liberty Gold Quarter Eagle’s value is influenced by factors such as condition, rarity, historical importance, and market demand. Coins graded MS-62 by NGC have realized significant prices in the marketplace. For instance, a recent offering listed an MS-62 graded coin at $5,829.00, highlighting its premium valuation. It’s essential to note that market prices can fluctuate based on economic conditions, gold prices, and collector interest.

Investing in such rare coins requires careful consideration. Potential investors should consult with reputable numismatic experts and consider factors like provenance, market trends, and long-term investment goals. The 1856-S Quarter Eagle, with its historical context and rarity, often appeals to those seeking both a tangible asset and a piece of American history.

Preservation and Grading

The condition of a coin profoundly impacts its value. The Sheldon Scale, ranging from 1 to 70, is the standard grading system, with higher numbers indicating superior preservation. An MS-62 grade denotes an uncirculated coin with minimal contact marks and strong luster, though it may exhibit slight imperfections.

NGC’s encapsulation process involves sealing the coin in a protective holder, ensuring its authenticity and grade are preserved. This service provides collectors and investors with confidence in the coin’s condition and legitimacy. Proper storage, away from environmental hazards, is crucial to maintain the coin’s state and value over time.

Comparative Analysis

When evaluating the 1856-S Quarter Eagle, it’s insightful to compare it with other coins from the same series or era. For example, the 1848 “CAL.” Quarter Eagle holds historical significance due to its association with the California Gold Rush and has achieved auction prices exceeding $500,000. While the 1856-S may not reach such lofty valuations, its connection to the early operations of the San Francisco Mint and its limited availability in high grades make it a noteworthy collectible.

Conclusion

The 1856-S Liberty Gold Quarter Eagle MS-62 NGC is more than a gold coin; it’s a tangible link to a transformative period in American history. Its creation during the post-Gold Rush era, combined with its limited mintage and survival in uncirculated condition, renders it a valuable asset for collectors and historians alike. As with any investment in rare coins, due diligence, consultation with experts, and a passion for numismatics are essential to fully appreciate and benefit from such a remarkable piece.

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

The 1856-S Liberty Gold Quarter Eagle, graded MS-62 by the Numismatic Guaranty Company (NGC), is a significant artifact from the mid-19th century, reflecting the economic and historical context of its era. This coin, minted in San Francisco, offers a glimpse into the burgeoning economic activities following the California Gold Rush and stands as a testament to the craftsmanship of the U.S. Mint during that period.

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

Historical Context

The discovery of gold at Sutter’s Mill in 1848 sparked the California Gold Rush, leading to a massive influx of settlers and prospectors into the region. This rapid population growth and economic boom necessitated the establishment of a local mint to facilitate commerce and manage the abundant gold resources. Consequently, the San Francisco Mint was established in 1854, becoming a pivotal institution in converting raw gold into coinage.

The 1856-S Quarter Eagle holds particular significance as it represents one of the earliest gold coins produced by the San Francisco Mint. Notably, there was no Quarter Eagle minted in San Francisco in 1855, making the 1856-S the first collectible U.S. Quarter Eagle from this branch mint. This coin not only facilitated local transactions but also symbolized the federal government’s commitment to supporting the expanding western frontier.

Design and Specifications

Designed by Christian Gobrecht, the 1856-S Liberty Gold Quarter Eagle features classic motifs emblematic of mid-19th-century American coinage.

• Obverse: The obverse showcases a left-facing profile of Lady Liberty adorned with a coronet inscribed with the word “LIBERTY.” Thirteen stars encircle her, representing the original colonies, with the date “1856” positioned below.
• Reverse: The reverse depicts a heraldic eagle clutching an olive branch and arrows, symbolizing peace and readiness for defense. A shield adorns the eagle’s chest, and the “S” mintmark, denoting the San Francisco Mint, is located beneath the eagle. The inscriptions “UNITED STATES OF AMERICA” and “2 1/2 D.” (indicating the denomination) encircle the design.

The coin is composed of 90% gold and 10% copper, aligning with the standard gold alloy of the time. It has a diameter of 18 millimeters and contains approximately 0.1209 troy ounces of gold. The reeded edge adds a layer of security, deterring clipping and counterfeiting.

Mintage and Rarity

In 1856, the San Francisco Mint produced 72,120 Liberty Gold Quarter Eagles. While this mintage figure might seem substantial, the survival rate of these coins, especially in uncirculated condition, is relatively low. Many coins from this era were heavily circulated, melted down, or lost, contributing to their rarity today.

As of recent data, NGC has graded only nine examples of the 1856-S Quarter Eagle at the MS-62 level, with a single coin graded higher. This scarcity in high grades underscores the coin’s desirability among collectors and investors. The combination of historical significance, limited mintage, and low survival rate in mint state makes the 1856-S Quarter Eagle a prized piece in numismatic circles.

Market Performance and Investment Potential

The 1856-S Liberty Gold Quarter Eagle’s value is influenced by factors such as condition, rarity, historical importance, and market demand. Coins graded MS-62 by NGC have realized significant prices in the marketplace. For instance, a recent offering listed an MS-62 graded coin at $5,829.00, highlighting its premium valuation. It’s essential to note that market prices can fluctuate based on economic conditions, gold prices, and collector interest.

Investing in such rare coins requires careful consideration. Potential investors should consult with reputable numismatic experts and consider factors like provenance, market trends, and long-term investment goals. The 1856-S Quarter Eagle, with its historical context and rarity, often appeals to those seeking both a tangible asset and a piece of American history.

Preservation and Grading

The condition of a coin profoundly impacts its value. The Sheldon Scale, ranging from 1 to 70, is the standard grading system, with higher numbers indicating superior preservation. An MS-62 grade denotes an uncirculated coin with minimal contact marks and strong luster, though it may exhibit slight imperfections.

NGC’s encapsulation process involves sealing the coin in a protective holder, ensuring its authenticity and grade are preserved. This service provides collectors and investors with confidence in the coin’s condition and legitimacy. Proper storage, away from environmental hazards, is crucial to maintain the coin’s state and value over time.

Comparative Analysis

When evaluating the 1856-S Quarter Eagle, it’s insightful to compare it with other coins from the same series or era. For example, the 1848 “CAL.” Quarter Eagle holds historical significance due to its association with the California Gold Rush and has achieved auction prices exceeding $500,000. While the 1856-S may not reach such lofty valuations, its connection to the early operations of the San Francisco Mint and its limited availability in high grades make it a noteworthy collectible.

Conclusion

The 1856-S Liberty Gold Quarter Eagle MS-62 NGC is more than a gold coin; it’s a tangible link to a transformative period in American history. Its creation during the post-Gold Rush era, combined with its limited mintage and survival in uncirculated condition, renders it a valuable asset for collectors and historians alike. As with any investment in rare coins, due diligence, consultation with experts, and a passion for numismatics are essential to fully appreciate and benefit from such a remarkable piece.

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC

1856-S $2.50 Liberty Gold Quarter Eagle MS-62 NGC