1847 $2.50 XF45 Certification #05404807, PCGS #7744

CoinFacts Details

Owner's Comments

Very clean for the grade; definitely undergraded. Teletrade #1255, 01/03/00. Gen 4.0 holder (Oct '98 - Feb '02).

Expert Comments

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.

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PCGS #

7744

Designer

Christian Gobrecht

Edge

Reeded

Diameter

18.00 millimeters

Weight

4.18 grams

Mintage

29814

Metal

90% Gold, 10% Copper

Pop Higher

Pop Lower

Region

The United States of America

Price Guide

PCGS Population

Auctions - PCGS Graded

Auctions - NGC Graded

Rarity and Survival Estimates Learn More

Grades	Survival Estimate The Survival Estimate represents an average of one or more experts opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.	Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.	Relative Rarity by Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.	Relative Rarity by Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
65 or Better	125	R-7.7	48 / 147 TIE	48 / 147 TIE
All Grades	12	R-9.5	57 / 147 TIE	57 / 147 TIE
60 or Better	0	R-10.1	1 / 147	1 / 147

Survival Estimate The Survival Estimate represents an average of one or more experts opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.
65 or Better	125
All Grades	12
60 or Better	0

Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.
65 or Better	R-7.7
All Grades	R-9.5
60 or Better	R-10.1

Relative Rarity by Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.
65 or Better	48 / 147 TIE
All Grades	57 / 147 TIE
60 or Better	1 / 147

Relative Rarity by Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
65 or Better	48 / 147 TIE
All Grades	57 / 147 TIE
60 or Better	1 / 147

Condition Census Learn More

Pos	Grade	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.

#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.