1850-O $2.50 (Regular Strike)

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

PCGS MS64

PCGS MS64

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PCGS MS64

PCGS MS64

PCGS MS63+

PCGS MS63+

PCGS #:
7758
Designer:
Christian Gobrecht
Edge:
Reeded
Diameter:
18.00 millimeters
Weight:
4.18 grams
Mintage:
84,000
Mint:
New Orleans
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 225 R-6.7 82 / 147 TIE 82 / 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 225
60 or Better 12
65 or Better
Numismatic Rarity
All Grades R-6.7
60 or Better R-9.5
65 or Better R-10.1
Relative Rarity By Type All Specs in this Type
All Grades 82 / 147 TIE
60 or Better 57 / 147 TIE
65 or Better 1 / 147
Relative Rarity By Series All Specs in this Series
All Grades 82 / 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

As NGC MS63+ #5913111-001. Heritage Auctions, January 22, 2021, Lot 4569 – $26,400; Heritage Auctions, February 9, 2023, Lot 3790 – $16,800. AS NGC MS64 #8210946-003. Heritage Auctions, August 14, 2024, Lot 4284 – $19,800; Heritage Auctions, January 16, 2025, Lot 4732 - $19,200. As PCGS MS64 #59892519. Variety 4. Obverse lamination at 7 o’clock at the rim.

1 PCGS MS64

Paramount, August 1977; Stack’s. As PCGS MS63 CAC #14526841. “The A.J. Vanderbilt Collection,” Stack’s Bowers, March 22, 2018, Lot 10306 – $31,200. As PCGS MS64 #36092142. Die clash image near lip. Long diagonal die line under bun. Cluster of shallow hits in obverse field under stars 4 and 5. Two ticks below star 9. On the reverse, field disturbances under ED of UNITED. Small cluster of hits under STATES.

1 PCGS MS64
4 PCGS MS63+

As PCGS MS63 CAC #06636381. Heritage Auctions, October 29, 2010, Lot 4618 – $16,100. As PCGS MS63+ CAC #06636381. Legend / Morphy Auctions, July 2013, Lot 292 – $18,400; Lafitte Collection; Legend Rare Coin Auctions, June 19, 2020 – July 16, 2020, Lot 486 – Passed. PCGS MS63+ #40460208. Dell Loy Hansen Collection. On the obverse, thin diagonal cut in the field to the left of stars 11 and 12. On the reverse, there is a copper spot and red discoloration at denticles at 5 o’clock.

5 PCGS MS63

Discovered in Europe by Marc Emory; Heritage Rare Coin Galleries to Dr. Richard Appel, 1989 – $13,500; Dr. Richard Appell to Ronald W. Brown; “The Acadiana Collection,” Heritage Auctions, August 13, 1999, Lot 7852 – $19,550.

5 PCGS MS63
5 PCGS MS63
#1 PCGS MS64

As NGC MS63+ #5913111-001. Heritage Auctions, January 22, 2021, Lot 4569 – $26,400; Heritage Auctions, February 9, 2023, Lot 3790 – $16,800. AS NGC MS64 #8210946-003. Heritage Auctions, August 14, 2024, Lot 4284 – $19,800; Heritage Auctions, January 16, 2025, Lot 4732 - $19,200. As PCGS MS64 #59892519. Variety 4. Obverse lamination at 7 o’clock at the rim.

#1 PCGS MS64

Paramount, August 1977; Stack’s. As PCGS MS63 CAC #14526841. “The A.J. Vanderbilt Collection,” Stack’s Bowers, March 22, 2018, Lot 10306 – $31,200. As PCGS MS64 #36092142. Die clash image near lip. Long diagonal die line under bun. Cluster of shallow hits in obverse field under stars 4 and 5. Two ticks below star 9. On the reverse, field disturbances under ED of UNITED. Small cluster of hits under STATES.

#1 PCGS MS64
#4 PCGS MS63+

As PCGS MS63 CAC #06636381. Heritage Auctions, October 29, 2010, Lot 4618 – $16,100. As PCGS MS63+ CAC #06636381. Legend / Morphy Auctions, July 2013, Lot 292 – $18,400; Lafitte Collection; Legend Rare Coin Auctions, June 19, 2020 – July 16, 2020, Lot 486 – Passed. PCGS MS63+ #40460208. Dell Loy Hansen Collection. On the obverse, thin diagonal cut in the field to the left of stars 11 and 12. On the reverse, there is a copper spot and red discoloration at denticles at 5 o’clock.

#5 PCGS MS63

Discovered in Europe by Marc Emory; Heritage Rare Coin Galleries to Dr. Richard Appel, 1989 – $13,500; Dr. Richard Appell to Ronald W. Brown; “The Acadiana Collection,” Heritage Auctions, August 13, 1999, Lot 7852 – $19,550.

#5 PCGS MS63
#5 PCGS MS63
Charles Morgan:

The 1850-O Liberty Head Quarter Eagle had a mintage of 84,000 coins, resuming production at the New Orleans Mint after a two-year suspension. This mintage was achieved using four new obverse dies shipped from the Philadelphia Mint, while reverse dies were reused from prior years.

New Orleans Mint Coin Production in 1850

The 1850-O Liberty Head Quarter Eagle is considered moderately scarce among issues from the New Orleans Mint, but its scarcity significantly increases in high grades. The coin is particularly challenging to acquire better than Choice Mint State, with only a handful reported at PCGS MS64 and only one recent auction appearances for those examples. As gold coin expert Doug Winter noted in Gold Coins of the New Orleans Mint: 1839-1909, the 1850-O is one of the most difficult O-Mint dates to find with a sharp strike. Despite having well-impressed obverses (often showing full star radials and a clear LIBERTY inscription), these coins are consistently paired with reverses that exhibit softness on the eagle, making a fully sharp piece virtually nonexistent.

1850-O Liberty Head Quarter Eagle Die Varieties (Six Known)

The 1850-O Quarter Eagle is distinguished by six known varieties identified by Doug Winter, differentiated primarily by the placement of the date and mintmark:

  • Variety One: The "1" in the date is near the neck but doesn't touch, and the "0" almost touches. The fraction bar is fully to the left of the mintmark.
  • Variety Two: Features a high date that slants down to the right; the "1" contacts the neck base while the "0" is distant. The mintmark is high, left-of-center over the fraction, and is thicker on the right side.
  • Variety Three: The date is low, arched, and positioned further to the right than other varieties; both the "1" and "0" are distant from the neck. The mintmark is very heavy and placed entirely to the left of the fraction bar.
  • Variety Four: The date position is similar to Variety Three, but the underside of the "5" exhibits strong doubling. The mintmark sits directly above the fraction bar. The overall strike is often very soft, particularly on star seven.
  • Variety Five: The "18" in the date shows doubling (more pronounced on early strikes). The "1" is distant from the neck, but the "0" is very close. The mintmark is positioned to the left of the fraction bar.
  • Variety Six: The coin pairs the obverse die used for Variety Five with the reverse die used for Variety Two.

1850-O Liberty Head Quarter Eagle: Physical Characteristics

(per Doug Winter)

The 1850-O is among the most difficult New Orleans quarter eagles to find with a good strike. Most are very weakly impressed at the centers and have an almost "sunken" appearance. On the obverse, there is considerable weakness on the curls below and behind the ear, and many of the stars are flat at the centers. The reverse typically has noticeable weakness on the eagle’s right leg and claw and on the neck feathers. I have never seen a fully struck example, and only a small number show even an average amount of detail at the centers.

Surfaces and Luster

Surfaces: The surfaces on this issue are often characterized by the presence of heavy abrasions. Many also show scratches, hairlines, or evidence of mishandling. Some have light to medium clash marks at the centers. A few show raised die scratches in the fields, which are mint-made and should not be confused with detracting scratches or hairlines.

Luster: High-grade 1850-O quarter eagles show excellent thick, frosty luster. A few are seen with slightly reflective surfaces, but this "look" tends to be unattractive. While many have been cleaned or dipped, there are more 1850-O quarter eagles with original luster than there are other New Orleans quarter eagles from this era.

Coloration and Eye Appeal

Coloration: The natural coloration is a medium to deep green-gold. It is not easy to locate a piece that has good color, but a few high-grade coins are known that exhibit attractive deep shades.

Eye Appeal: The level of eye appeal for this date is generally below average, primarily due to the weakness of strike described above. There are some very attractive pieces known, but these tend to show strike weakness. Ironically, the few comparably well-struck pieces I have seen tend to be grainy, slightly prooflike coins with poor overall eye appeal.

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