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1859 New Reverse

Gold Coins · Liberty Head Gold $2.5 Quarter Eagles (Coronet Head) · 1840–1907
Semi-key
Weight4.18 g
Diameter18 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 39,444 Combined mintage for all 1859 Philadelphia varieties
EdgeReeded
Alignment↑↓ Coin
Composition90% Gold, 10% Copper
DesignerChristian Gobrecht
Collector's Key IDCK-5467

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About this coinHistory

Philadelphia struck 39,444 quarter eagles for the 1859 calendar year across both reverse hub types, with the New Reverse accounting for the larger share of surviving examples and serving as the more frequently encountered of the two die families. The New Reverse hub introduced in 1859 carried a smaller, refined eagle with adjusted shield and tail-feather detail compared to the older 1840-era hub still in limited use during the same year. The transition was not clean, since both hubs appeared on Philadelphia working dies through 1859 and into 1860, with no formal record of the changeover sequence in surviving Mint correspondence. Collectors and researchers separate the two by direct visual comparison against published reference plates from David Akers and Q. David Bowers, with the New Reverse showing measurably tighter eagle proportions and sharper field-to-device transitions.

Authentication of the 1859 New Reverse rests on hub examination first and physical verification second. The reverse die comparison should be done under 5x to 10x magnification against confirmed New Reverse plates, with attention to eagle wing geometry, shield outline, and the spacing of arrows and olive branch in the eagle's claws. Misattribution is the most common error rather than counterfeiting, since both hub types are genuine federal production and many raw or older-holdered examples carry no reverse-type designation at all. Physical verification confirms the planchet weight at 4.18 grams against the 0.900 fineness standard, with diameter at 18 millimeters and a fully reeded edge. Specific gravity should test near 17.2 on the 90-percent gold alloy, and any reading outside that range flags a base-metal core or substitution.

Survivor estimates for the New Reverse run into the low thousands across all grades, with circulated examples appearing routinely at major auctions and About Uncirculated coins reasonably available with patient searching. Mint State pieces are scarcer than the umbrella mintage suggests, since most surviving examples show cabinet friction or light bagmarks consistent with the original commercial role of the small gold denomination. The 1859 New Reverse sits as a Semi-Key entry in the late Philadelphia run, available without major effort but requiring proper attribution before paying type-specific premiums. 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) $645 $745
AU-50 About Uncirculated (AU) $665 $770
MS-60 Uncirculated (MS) $1,135 $1,310
MS-63 Choice Uncirculated (MS) $3,345 $3,545
Frequently Asked QuestionsFAQ
How much is a 1859 New Reverse Liberty Head Gold $2.5 Quarter Eagle (Coronet Head) worth?
In Very Fine condition it runs about $630–$730, rising to roughly $1,135–$1,310 in Uncirculated. These are reference values, not an appraisal.
How many 1859 New Reverse Liberty Head Gold $2.5 Quarter Eagles (Coronet Head) were minted?
39,444 were struck (Combined mintage for all 1859 Philadelphia varieties).
What is a 1859 New Reverse 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 1859 New Reverse 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 1859 New Reverse Liberty Head Gold $2.5 Quarter Eagle (Coronet Head) a key date?
It's a semi-key date — scarcer than common issues but more available than the series' key dates.