1861 gold coin - 2 1/2 dollar

Ask a question or post your most recent discovery.

Moderator: Daniel

Post Reply
Message
Author
mas_pdx
Coining Around
Posts: 3
Joined: Wed Sep 11, 2019 9:39 am
Has thanked: 2 times

1861 gold coin - 2 1/2 dollar

#1 Unread post by mas_pdx » Wed Sep 11, 2019 8:16 pm

Hi,

This is my first posting. I'm curious if anyone has views on this 2 1/2 dollar gold coin from 1861. From what I understand there were two different reverses for several years (1859-1861). The challenge is the differences are quite minor, mainly having to do with the shape of the arrows, the number "2 1/2" and the eagle's claws. The reverses are known as Type 1 (old reverse) and Type 2 (new reverse). Can anyone provide insight on whether the coin in the below photos is a Type 1 or a Type 2?

Thank you.

Kind regards

Michael
mas-1861-obverse 1.JPG
mas-1861-obverse 2.JPG
mas-1861-reverse 2.JPG
mas-1861-reverse 1.JPG



User avatar
mikev50
Forum Supporter
Forum Supporter
Posts: 425
Joined: Sat Nov 13, 2010 12:17 am
Been thanked: 2 times

Re: 1861 gold coin - 2 1/2 dollar

#2 Unread post by mikev50 » Wed Sep 11, 2019 9:53 pm


User avatar
Daniel
Administrator
Administrator
Posts: 12800
Joined: Wed Jan 28, 2009 4:59 pm
Location: Ohio
Has thanked: 11 times
Been thanked: 15 times
Contact:

Re: 1861 gold coin - 2 1/2 dollar

#3 Unread post by Daniel » Thu Sep 12, 2019 6:16 am

Gordon Wrubel: Quickfinder Notes: There is a simple way to distinguish the New Reverse from the Old Reverse die. Just look at the "O" in "OF". The New Reverse has a ROUND "O", while the Old Reverse has an OVAL "O". The San Francisco branch mint issue (none were issued at Charlotte or Dahlonega in 1861) bears the Old Reverse. While scarce in its own right, the 1861 New Reverse is far more plentiful in numismatic circulation than the Old Reverse.
Here's a link the am image https://www.pcgs.com/coinfacts/coin/186 ... verse/7794

mas_pdx
Coining Around
Posts: 3
Joined: Wed Sep 11, 2019 9:39 am
Has thanked: 2 times

Re: 1861 gold coin - 2 1/2 dollar

#4 Unread post by mas_pdx » Thu Sep 12, 2019 9:23 am

Daniel and Mike,
Thank you for the replies. any thoughts on potential grade? Would you recommend I send it to a grading service?

Kind regards,
Michael

User avatar
Daniel
Administrator
Administrator
Posts: 12800
Joined: Wed Jan 28, 2009 4:59 pm
Location: Ohio
Has thanked: 11 times
Been thanked: 15 times
Contact:

Re: 1861 gold coin - 2 1/2 dollar

#5 Unread post by Daniel » Thu Sep 12, 2019 12:08 pm

No I would not recommend sending it in to a grading service most of these, even when graded, don't bring much more than melt.

Post Reply