1847 $2.50 (Regular Strike)

Series: Liberty Head $2 1/2 1840-1907

PCGS MS62+

PCGS MS62+

View More Images

PCGS MS62

PCGS MS62

PCGS MS61

PCGS MS61

PCGS #:
7744
Designer:
Christian Gobrecht
Edge:
Reeded
Diameter:
18.00 millimeters
Weight:
4.18 grams
Mintage:
29,814
Mint:
Philadelphia
Metal:
90% Gold, 10% Copper
Major Varieties

Current Auctions - PCGS Graded
Current Auctions - NGC Graded
For Sale Now at Collectors Corner - PCGS Graded
For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades Survival
Estimate
Numismatic
Rarity
Relative Rarity
By Type
Relative Rarity
By Series
All Grades 125 R-7.7 48 / 147 TIE 48 / 147 TIE
60 or Better 12 R-9.5 57 / 147 TIE 57 / 147 TIE
65 or Better 0 R-10.1 1 / 147 1 / 147
Survival Estimate
All Grades 125
60 or Better 12
65 or Better
Numismatic Rarity
All Grades R-7.7
60 or Better R-9.5
65 or Better R-10.1
Relative Rarity By Type All Specs in this Type
All Grades 48 / 147 TIE
60 or Better 57 / 147 TIE
65 or Better 1 / 147
Relative Rarity By Series All Specs in this Series
All Grades 48 / 147 TIE
60 or Better 57 / 147 TIE
65 or Better 1 / 147

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 PCGS MS64
2 PCGS MS63

As PCGS MS62 #05912247. Heritage, December 18, 2007, Lot 11948 - $5,175; Heritage, September 28, 2007, Lot 3211 - $4,887.50. As PCGS MS62 #11522951. Heritage, June 27, 2008, Lot 1820 - $4,743.75; Heritage April 30, 2010, Lot 3452 - $4,600; Heritage, January 6, 2012, Lot 6112 - $4,600. As PCGS MS63 #25205024. Heritage, June 15, 2018, Lot 5023 - $14,493.60. Diagonal cut on eye brow. Thin vertical scratch to the left of the ear. Horizontal tick from tip of star 1 towards neck. Two thin diagonal scratches below the jaw.

3 PCGS MS62+

"The R.L. Miles Collection," Stack's, October 1968, Lot 137. As PCGS MS62 #3459315. "The Harry W. Bass, Jr. Collection,"  Bowers and Merena, October 1999, Lot 395 - $7,475; Heritage, July 29, 2002, Lot 8950 - $3,565"The Charleston Collection," American Numismatic Rarities, September 18, 2005, Lot 1101 - $6,900. As PCGS MS62+. "The Early Aurum Collection," Heritage, May 5, 2023, Lot 5032 - $6,300. Repunched 18. Lustrous, almost PL surfaces. Frosty devices.  Die crack through arrow fletching and stem to the numerator.

3 PCGS MS62+

As ICG MS63. Stack's, September 13, 2003, Lot 447 - $4,140; "The Steve Studor Collection," Stack's Bowers, March 26, 2021, Lot 5672 - $3,840. As PCGS MS62+ #42163206. "OldGoldIsMoney" (PCGS Set Registry). Thin cut to the left of star 2. On the reverse, Spot between 4 and 7 of the date. On the reverse, there is a small spot above the branch. Eagle’s right leg weak.

5 PCGS MS62

Green spot within the counter of 4. Scattered toning on the reverse. dark toning at the tip of the top arrow.

5 PCGS MS62
5 PCGS MS62
5 PCGS MS62
#1 PCGS MS64
#2 PCGS MS63

As PCGS MS62 #05912247. Heritage, December 18, 2007, Lot 11948 - $5,175; Heritage, September 28, 2007, Lot 3211 - $4,887.50. As PCGS MS62 #11522951. Heritage, June 27, 2008, Lot 1820 - $4,743.75; Heritage April 30, 2010, Lot 3452 - $4,600; Heritage, January 6, 2012, Lot 6112 - $4,600. As PCGS MS63 #25205024. Heritage, June 15, 2018, Lot 5023 - $14,493.60. Diagonal cut on eye brow. Thin vertical scratch to the left of the ear. Horizontal tick from tip of star 1 towards neck. Two thin diagonal scratches below the jaw.

#3 PCGS MS62+

"The R.L. Miles Collection," Stack's, October 1968, Lot 137. As PCGS MS62 #3459315. "The Harry W. Bass, Jr. Collection,"  Bowers and Merena, October 1999, Lot 395 - $7,475; Heritage, July 29, 2002, Lot 8950 - $3,565"The Charleston Collection," American Numismatic Rarities, September 18, 2005, Lot 1101 - $6,900. As PCGS MS62+. "The Early Aurum Collection," Heritage, May 5, 2023, Lot 5032 - $6,300. Repunched 18. Lustrous, almost PL surfaces. Frosty devices.  Die crack through arrow fletching and stem to the numerator.

#3 PCGS MS62+

As ICG MS63. Stack's, September 13, 2003, Lot 447 - $4,140; "The Steve Studor Collection," Stack's Bowers, March 26, 2021, Lot 5672 - $3,840. As PCGS MS62+ #42163206. "OldGoldIsMoney" (PCGS Set Registry). Thin cut to the left of star 2. On the reverse, Spot between 4 and 7 of the date. On the reverse, there is a small spot above the branch. Eagle’s right leg weak.

#5 PCGS MS62

Green spot within the counter of 4. Scattered toning on the reverse. dark toning at the tip of the top arrow.

#5 PCGS MS62
#5 PCGS MS62
#5 PCGS MS62
Charles Morgan:

The Philadelphia Mint and all three branch Mints struck Liberty Head Quarter Eagles in 1847. Production figures varied significantly:

  • Output was up slightly at the Philadelphia and Charlotte Mints.
  • Mintage was down by about 18% at Dahlonega.
  • Production surged at New Orleans, nearly doubling year-to-year, an increase primarily due to the mobilization of troops engaged in the Mexican-American War.

On paper, it would seem that the 1847-C Liberty Head Quarter Eagle (#7745) would be the scarcest of the four issues. However, the PCGS grading data offers a counter-narrative: The 1847-D (#7746) often trades at even higher premiums than the Charlotte coin despite having nearly double the reported census data. Given that the 1847-P has the lowest grading census, a central question remains: Why does the Philadelphia Mint issue consistently sell for less?

Collectible Die Variety

A popular collectible variety of the 1847 Liberty Head Quarter Eagle displays repunched digits in the "18" of the date. First documented in a 1951 New Netherlands auction, the most visible doubling occurs at the base of the "1," which contacts the denticles.

* * *