Details Encyclopedium // Hyku

Entry Details

PCGS Number: 10259
Coin Date: 1849
Denomination (Short): G$2 1/2
Denomination (Long): $2.50 gold
Variety: Mormon
Variety 2: K-1
Desg: MS
Composition: Gold
Mintage: Approx. 3,000
Strike Type: Business
Coinage Type: Pioneer & Territorial Gold
Coinage Years: 1849-1860
Mint Location: Salt Lake City, Utah
Fineness: 0
Weight (Grams): 0
Weight (Ounces): 0
Designer: John Kay
Edge: Plain
Obverse Description: Eye and Cap HOLINESS.TO.THE.LORD.
Reverse Description: Clasped Hands 1849 G.S.L.C.P.G TWO.AND.HALF.DO.
General Notes: Around 3,000 Mormon $2 1/2s were struck in 1849. Today, there are around 50 pieces in private hands, most of which grade XF or AU. Around a half dozen examples have survived in mint state, with a single choice uncirculated example acknowledged as finest known. The dies used to strike these pieces appear to have been improperly hardened and sank relatively early in their working life, resulting in central design weakness on many of the surviving examples.
NGC ID: 2BCD

1849 G$2 1/2 Mormon K-1

CPG Values (What is CPG?)

Grade	CPG Value
VF35	$48,000.00
XF40	$54,000.00
XF45	$60,000.00
AU50	$66,000.00
AU53	$72,000.00
AU55	$78,000.00
AU58	$87,000.00
MS60	$102,000.00
MS61	$115,200.00
MS62	$180,000.00
MS63	$282,000.00
VF35 CAC	$48,000.00
XF40 CAC	$54,000.00
XF45 CAC	$60,000.00
AU50 CAC	$66,000.00
AU53 CAC	$72,000.00
AU55 CAC	$78,000.00
AU58 CAC	$87,000.00
MS60 CAC	$102,000.00
MS61 CAC	$132,000.00
MS62 CAC	$180,000.00
MS63 CAC	$282,000.00

Apr Data

Auction House	Description	Grade	Sell Price	Sell Date
Stacks Bowers	1849 Mormon $2.50. K-1. Rarity-5. AU-50 (PCGS). CAC. CMQ.	50	$84,000	08/13/24
	1849 $2 1/2 Mormon Quarter Eagle AU50 PCGS.	50	$40,250	01/10/10
Superior	1849 G$2 1/2 Mormon K-1	50	$20,700	01/25/04
Superior	1849 G$2 1/2 Mormon K-1	50	$8,800	01/29/96
HA	MORMON $2 1/2 1849	50	$9,460	01/06/96
HA	MORMON $2 1/2 1849	50	$8,525	08/19/95
Superior	1849 G$2 1/2 Mormon K-1	50	$7,425	01/28/90
	1849 $2 1/2 Mormon Quarter Eagle XF40 PCGS. CAC. K-1, High R.5.	40	$52,800	01/14/22
	1849 Mormon $2.50. K-1. Rarity-5+. MS-61 (PCGS).	61	$96,000	12/17/20
	1849 $2 1/2 Mormon Quarter Eagle AU55 PCGS. K-1, High R.5.	55	$57,600	10/15/20
	1849 $2 1/2 Mormon Quarter Eagle AU55 PCGS. K-1, High R.5.	55	$60,000	08/16/18
	1849 Mormon $2.50 Gold. K-1. Rarity-5+. AU-55 (PCGS). CAC.	55	$99,188	08/18/11
HA	MORMON $2 1/2 1849	55	$18,700	07/31/93
	1849 $2 1/2 Mormon Quarter Eagle MS63 PCGS. K-1, High R.5.	63	$235,000	04/27/14
	1849 Mormon $2.50 Gold. K-1. Rarity-5+. EF-45 (PCGS).	45	$47,941	11/18/11
	1849 Mormon $2.50 Gold. K-1. Rarity-5+. VF-35 (PCGS). CAC--Gold Label. OGH--First Generation.	35	$61,827	06/18/10
HA	Ironically, the first enterprise to produce private gold	35	$17,250	09/28/02
	1849 $2 1/2 Mormon Quarter Eagle AU53 PCGS.	53	$74,750	08/12/07
HA	1849 $2 1/2 Mormon Quarter Eagle AU53 PCGS. K-1, High R.5. A highly desirable example of this sought-after rarity, especial	53	$32,200	07/30/05
HA	1849 $2 1/2 Mormon Quarter Eagle, Uniface Copper Restrike, Plain Edge, K-1a, Low R.7, MS65 Red and Brown NGC.	65	$12,338	09/11/16
HA	1849 $2 1/2 Mormon Quarter Eagle, Uniface Copper Restrike, Plain Edge, K-2a, R.7, MS63 Red and Brown NGC.	63	$4,700	09/11/16
HA	1849 $2 1/2 Mormon Quarter Eagle, Uniface Copper Restrike, Plain Edge, K-1a, Low R.7, MS62 Brown NGC.	62	$4,230	09/11/16
HA	1849 $2 1/2 Mormon Quarter Eagle MS62 NGC. K-1, High R.5.	62	$111,625	04/27/14
HA	1849 $2 1/2 Mormon Quarter Eagle MS62 NGC. Lustrous and quite pleasing for this very elusive issue. The coin is well center	62	$57,500	07/30/05
HA	1849 $2 1/2 Mormon Quarter Eagle AU58 NGC. K-1, High R.5.	58	$64,625	04/27/14
Ira & Larry Goldberg	1849 G$2 1/2 Mormon K-1	58	$69,000	09/02/12
American Numismatic Rarities	1849 G$2 1/2 Mormon K-1	58	$25,300	01/05/04
HA	1849 $2 1/2 Mormon Quarter Eagle XF40 NGC. K-1, High R.5.	40	$32,900	01/14/13
Stacks Bowers	1849 G$2 1/2 Mormon K-1	40	$39,100	02/26/08
HA	1849 $2 1/2 Mormon Quarter Eagle AU53 NGC. K-1, High R.5.	53	$37,375	01/09/11
HA	1849 $2 1/2 Mormon Quarter Eagle AU53 NGC. K-1, High R.5. A rare, popular, and elusive territorial gold issue. The buckling	53	$40,250	04/29/06
HA	1849 $2 1/2 Mormon Quarter Eagle AU53 NGC. K-1, High R.5. A second AU53 example of this rare and very popular territorial g	53	$27,600	07/30/05
Stacks Bowers	1849 G$2 1/2 Mormon K-1	45	$40,250	10/16/07
HA	1849 $2 1/2 Mormon Quarter Eagle AU55 NGC. K-1, High R.5. A subdued yellow-gold representative with diagnostic buckling on	55	$34,500	01/07/06
Ira & Larry Goldberg	1849 G$2 1/2 Mormon K-1	55	$17,000	05/31/99

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