Why Collectors Dream About the $2.50 Gold Piece That Brought $50,000
This beautiful coin, the 1926 $2.50 Sesquicentennial Gold Coin, bolts thousands and adds to the Republican legacy as well as NUMISMATIC Art itself.
It was made in honor of 150 years of independence declared and therefore is one precious item to the collector-a money variation in a very rare auction, often fetching more than $50,000. Historical evidence, the complexity and elaborateness of the design, and a minute mintage all contribute to its unqualified worth.
Historical Significance
In 1926, it was 150 years after America gained independence; thus, the mint, the Coinage and their clients were encouraged by the fact of freedom states; consequently, the name of the event is by means of at least two commemorative coins-an affordable dollar and the $2.50 Gold Quarter Eagle.
This Gold Quarter Eagle with a face value of $2.50 is designed to be suspended in honor of that spirit of liberty and freedom.
It was at this time in the history of the nation that the coinage represented the very glorious period of the whole nation when countries strove to preserve and commemorate their glorious origins.
Design and Composition This coin was designed by the famous John R. Sinnock, who later rose to become Chief Engraver of the U.S. Mint.
| Year | Mintage | Composition | Designer | Auction Record |
|---|---|---|---|---|
| 1926 | 46,019 | 90% Gold, 10% Copper | John R. Sinnock | $54,625 (2007) |
- Obverse (Front)
The obverse features a full-length depiction of Liberty, holding a flaming torch (symbolizing knowledge) in her right hand and a scroll representing the Declaration of Independence in her left. - Reverse (Back)
The reverse displays Independence Hall, the historic location where the Declaration of Independence was signed.
Composition
The coin is composed of 90% gold and 10% copper, giving it a rich golden color and durability. With its reeded edge and limited production of just 46,019 units, this coin stands out as one of the rare early U.S. commemorative gold coins.
- Auction Records and Value The rarity and exquisite design of this coin make it highly desirable in the numismatic community.
- In 2007, a specimen graded MS67 was sold at a Heritage Auctions event for a record price of $54,625.
- With growing interest in historical artifacts and rare coins, its value has likely appreciated even more in recent years.
- Significance in U.S. Commemorative Coinage
The 1926 $2.50 Sesquicentennial Gold Quarter Eagle marked the end of the early U.S. commemorative coin series, which spanned from 1903 to 1926.
This coin not only commemorated a pivotal event but also set a standard for the design and production of future commemorative coins.
- Legacy and Collectability This coin remains a cherished piece for both collectors and historians. Its unique design, historical importance, and limited availability give it a prestigious place in the numismatic world.
More than just a coin, it serves as a tangible connection to America’s past and symbolizes the freedom and values that define the nation.
Conclusion
The 1926 $2.50 Sesquicentennial Gold Coin is not just a coin; it is a testament to America’s fight for independence, national pride, and artistic excellence. If you’re fortunate enough to add this coin to your collection, it will serve as both a historical treasure and a valuable investment.
Stories like these enrich our understanding of history and art, and this coin is a prime example of such a legacy.
FAQs
Q.1 Why is this coin so valuable?
A.1 The coin’s value lies in its historical importance, limited mintage (46,019 units), and the intricate design by John R. Sinnock. Additionally, it commemorates the 150th anniversary of the Declaration of Independence, making it highly desirable to collectors.
Q.2 How can I verify the authenticity of this coin?
A.2 Authenticity can be confirmed through reputable certification services such as NGC (Numismatic Guaranty Corporation) or PCGS (Professional Coin Grading Service), which authenticate and grade coins based on their condition.
Q.3 What factors influence its auction price?
A.3 Key factors include the coin’s condition (grade), rarity, historical significance, and market demand. Coins with higher grades and better conditions generally command higher prices.