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1798 $2 1/2 Close Date, BD-1 MS

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1798 $2 1/2 Close Date, BD-1 MS

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Greysheet Catalog Details (GSID: 8212)

The 1798 $2.50 Gold is part of a series of Capped bust gold quarter eagle coins struck from 1796-1807. The specific variety is Close Date. Struck in Philadelphia and designated as a Business (MS) strike, this coin is made of 91.67% gold; 8.33% silver & copper from a mintage of 1,094 struck and has a rarity rating of 5.
Obverse: Liberty with cap, facing right, surrounded by 13 stars and the word LIBERTY around the periphery. The date is centered at the bottom.
Reverse: The centerpiece of the reverse is the so-called "heraldic eagle" with wings fully spread and emblazoned with a shield replacing the chest. A ribbon bearing the motto E PLURIBUS UNUM hangs from the beak. The eagles right talon holds bundle of arrows and an olive branch in the right. Above the eagle's head are a group of stars and clouds with the words UNITED STATES OF AMERICA at the top periphery. No denomination is mentioned.

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Catalog Detail

GSID: 8212
Coin Date: 1798
Denomination: $2 1/2 / $2.50 Gold
Designation: MS
Mint Location: Philadelphia
Mintage: 1,094
Coinage Type: Capped bust gold quarter eagle
Coinage Years: 1796-1807
Composition: 91.67% gold; 8.33% silver & copper
Variety: Close Date
Variety 2: BD-1
Rarity: R-5
Strike Type: Business
Diameter: Subscribe
Fineness: Subscribe
Weight: Subscribe
Coin Shape: Subscribe
Designer: Subscribe
Obverse Lettering: Subscribe
Obverse Designer: Subscribe
Reverse Lettering: Subscribe
Reverse Designer: Subscribe
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All CDN prices are based on proprietary market knowledge and technology developed by CDN Publishing, LLC.

CPG® prices represent retail levels. Collectors should refer to CPG values as a starting place for their negotiations, or auction bid reference.

Greysheet/Greensheet prices are wholesale market levels for collectible coins/paper money intended to indicate what a dealer, or wholesale, buyer would pay for the described item in the specified grade. Greysheet/Greensheet represent "sight-seen" values based on a buyer's in-hand review. The actual value can be more or less than this depending on factors including eye appeal and market timing.

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