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1850

Gold Coins · Liberty Head Gold $2.5 Quarter Eagles (Coronet Head) · 1840–1907
Regular
Weight4.18 g
Diameter18 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 252,923
EdgeReeded
Alignment↑↓ Coin
Composition90% Gold, 10% Copper
DesignerChristian Gobrecht
Collector's Key IDCK-5431

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About this coinHistory

The 1850 Philadelphia quarter eagle marks the first full production year in which California Gold Rush bullion arrived at the parent mint in working volume, and the recorded mintage of 252,923 pieces reflects the sudden change in supply. The figure is roughly an order of magnitude larger than the 1849 Philadelphia output and signals the start of a high-mintage stretch that would define the early Coronet period through the mid-1850s. Strike quality on the date is generally good, with sharper Liberty hair detail than the late 1840s issues and consistent reverse definition across most surviving examples. The coins absorbed broad commercial use through the 1850s and into the Civil War era, but enough were saved or held in bank reserves that survivor populations are healthy across all circulated grades. Mint State examples turn up with reasonable frequency at major sales, and certified MS62 to MS64 coins are obtainable for the patient collector. The 1850 functions as one of the more accessible early Coronet Philadelphia dates for type buyers.

Authentication for a Regular-classification Philadelphia issue this common rests on the basic physical checks. The standard calls for 4.18 grams in 0.900 fine gold at 18 millimeters diameter, with a reeded edge struck under coin alignment. Cast counterfeits remain the primary deception on Liberty Head quarter eagles, and the diagnostic giveaways are weight outside the 4.10 to 4.25 gram tolerance, shallow or uneven reeded serrations on the edge, a granular field texture under 10x magnification, and soft device transitions where struck gold should show crisp boundaries. Genuine Philadelphia 1850 strikes carry no mintmark below the eagle and show the standard small-letter reverse hub. Buyers should also confirm specific gravity near 17.2 if precise testing is available, since the alloy ratio cannot be faked without changing density. Edge inspection under raking light remains the fastest single screen for cast fakes on this issue.

Pricing tracks bullion-plus-modest-premium through the lower circulated grades, with sharper numismatic premiums attaching above About Uncirculated. The 1850 Philadelphia is a reliable type-set choice and a sensible starting point for a date run. See the full Liberty Head Quarter Eagle series history.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
G-4 Good (G)
VG-8 Very Good (VG)
F-12 Fine (F)
VF-20 Very Fine (VF) $630 $730
EF-40 Extremely Fine (EF) $665 $770
AU-50 About Uncirculated (AU) $710 $820
MS-60 Uncirculated (MS) $1,005 $1,160
MS-63 Choice Uncirculated (MS) $4,460 $4,720
Frequently Asked QuestionsFAQ
How much is a 1850 Liberty Head Gold $2.5 Quarter Eagle (Coronet Head) worth?
In Very Fine condition it runs about $630–$730, rising to roughly $1,005–$1,160 in Uncirculated. These are reference values, not an appraisal.
How many 1850 Liberty Head Gold $2.5 Quarter Eagles (Coronet Head) were minted?
252,923 were struck.
What is a 1850 Liberty Head Gold $2.5 Quarter Eagle (Coronet Head) made of?
90% Gold, 10% Copper, weighing 4.18 g.
What is the melt value of a 1850 Liberty Head Gold $2.5 Quarter Eagle (Coronet Head)?
Its melt value is its metal content multiplied by the current spot price. See our melt calculator on the metals pages for a live figure.
Is the 1850 Liberty Head Gold $2.5 Quarter Eagle (Coronet Head) a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.