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Greysheet Catalog Details (GSID: 11818)
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.
Obverse: Eye and Cap HOLINESS.TO.THE.LORD.
Reverse: Clasped Hands 1849 G.S.L.C.P.G TWO.AND.HALF.DO.

Catalog Details    Dealers Only

Catalog Detail

GSID: 11818
Coin Date: 1849
Denomination: G$2 1/2 / $2.50 gold
Designation: MS
Mint Location: Salt Lake City, Utah
Mintage: Approx. 3,000
Coinage Type: Pioneer & Territorial Gold
Coinage Years: 1849-1860
Composition: Gold
Variety: Mormon
Variety 2: K-1
Rarity: R-5
Strike Type: Business
Coin Shape: Round
Designer: John Kay
Obverse Lettering: HOLINESS.TO.THE.LORD.
Obverse Designer: John Kay
Reverse Lettering: 1849 G.S.L.C.P.G TWO.AND.HALF.DO.
Reverse Designer: John Kay
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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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Price movement is indicated for price changes in the last 30 days.

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