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1849 G$2 1/2 Mormon, K-1 MS

Greysheet & CPG® Values
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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 Description

Eye and Cap HOLINESS.TO.THE.LORD.

Reverse Description

Clasped Hands 1849 G.S.L.C.P.G TWO.AND.HALF.DO.

Catalog Information

GSID: 11818
Designer: John Kay
Obverse Designer: John Kay
Obverse Lettering: HOLINESS.TO.THE.LORD.
Reverse Designer: John Kay
Reverse Lettering: 1849 G.S.L.C.P.G TWO.AND.HALF.DO.
Strike Type: Business
Coin Shape: Round
Edge: Plain
Variety: Mormon
Variety 2: K-1
Coin Date: 1849
Denomination: G$2 1/2
Designation: MS
Mint Location: Salt Lake City, Utah
Mintage: Approx. 3,000
Coinage Type: Private & Pioneer Gold
Coinage Years: 1849-1860
Composition: Gold
Rarity: 5
PCGS #: 10259
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Coin Value History
1849 G$2 1/2 Mormon, K-1 MS
Value By Grade
1849 G$2 1/2 Mormon, K-1 MS
CPG (retail) values
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Values

Greysheet & CPG® Values
GSID:11818 PCGS:10259 Shop related

Values

Greysheet & CPG® Values
Grade CAC CPG Value (Retail) Greysheet Price (Wholesale)
MS63 CAC $338,500 $1,234
MS63 - $282,000 $1,234
MS62 CAC $1,234 $1,234
MS62 - $1,234 $1,234
MS61 CAC $1,234 $1,234
MS61 - $1,234 $1,234
MS60 CAC $1,234 $1,234
MS60 - $1,234 $1,234
AU58 CAC $1,234 $1,234
AU58 - $1,234 $1,234
AU55 CAC $1,234 $1,234
AU55 - $1,234 $1,234
AU53 CAC $1,234 $1,234
AU53 - $1,234 $1,234
AU50 CAC $1,234 $1,234
AU50 - $1,234 $1,234
XF45 CAC $1,234 $1,234
XF45 - $1,234 $1,234
XF40 CAC $1,234 $1,234
XF40 - $1,234 $1,234
VF35 CAC $1,234 $1,234
VF35 - $1,234 $1,234
VF30 CAC $1,234 $1,234
VF30 - $1,234 $1,234
VF25 CAC $1,234 $1,234
VF25 - $1,234 $1,234
VF20 CAC $1,234 $1,234
VF20 - $1,234 $1,234
F15 CAC $1,234 $1,234
F15 - $1,234 $1,234
F12 CAC $1,234 $1,234
F12 - $1,234 $1,234

Auction Prices

Recent public sale records for this item
See all
1849 $2 1/2 Mormon Quarter Eagle XF40 PCGS. CAC. K-1, High R.5....
$52,800
Sold 10/2/2025
Heritage Auctions
1849 $2 1/2 Mormon Quarter Eagle AU55 PCGS. K-1, High R.5. ...
$57,600
Sold 10/15/2020
Heritage Auctions
1849 $2 1/2 Mormon Quarter Eagle -- Scratch -- PCGS Genuine. AU Details. K-1, High R.5. ...
$30,550
Sold 6/11/2017
Heritage Auctions
1849 $2 1/2 Mormon Quarter Eagle, Uniface Copper Restrike, Plain Edge, K-1a, Low R.7, MS62 Brown NGC. ...
$4,230
Sold 9/11/2016
Heritage Auctions
1849 $2 1/2 Mormon Quarter Eagle, Uniface Copper Restrike, Plain Edge, K-1a, Low R.7, MS65 Red and Brown NGC. ...
$12,338
Sold 9/11/2016
Heritage Auctions
1849 $2 1/2 Mormon Quarter Eagle, Uniface Copper Restrike, Plain Edge, K-2a, R.7, MS63 Red and Brown NGC. ...
$4,700
Sold 9/11/2016
Heritage Auctions
1849 $2 1/2 Mormon Quarter Eagle -- Mounts Removed, Damaged, Cleaned -- ANACS. XF45 Details. K-1, R.5. ...
$7,050
Sold 10/13/2014
Heritage Auctions
1849 $2 1/2 Mormon Quarter Eagle AU58 NGC. K-1, High R.5. ...
$64,625
Sold 4/27/2014
Heritage Auctions
1849 $2 1/2 Mormon Quarter Eagle AU53 NGC. K-1, High R.5. ...
$37,375
Sold 1/9/2011
Heritage Auctions
Ironically, the first enterprise to produce private gold ...
$17,250
Sold 9/28/2002
Heritage Auctions
1849 $2 1/2 Mormon Quarter Eagle XF40 PCGS. CAC. K-1, High R.5. ...
$52,800
Sold 1/14/2022
Heritage Auctions
1849 $2 1/2 Mormon Quarter Eagle AU55 PCGS. K-1, High R.5. ...
$60,000
Sold 8/16/2018
Heritage Auctions
1849 $2 1/2 Mormon Quarter Eagle AU50 PCGS. ...
$40,250
Sold 1/10/2010
Heritage Auctions
1849 $2 1/2 Mormon Quarter Eagle MS62 NGC. K-1, High R.5. ...
$111,625
Sold 4/27/2014
Heritage Auctions
1849 $2 1/2 Mormon Quarter Eagle MS63 PCGS. K-1, High R.5. ...
$235,000
Sold 4/27/2014
Heritage Auctions
$69,000
Sold 9/2/2012
GOLDBERG COINS
1849 $2 1/2 Mormon Quarter Eagle AU53 PCGS. ...
$74,750
Sold 8/12/2007
Heritage Auctions
1849 $2 1/2 Mormon Quarter Eagle XF40 NGC. K-1, High R.5. ...
$32,900
Sold 1/14/2013
Heritage Auctions
1849 $2 1/2 Mormon Quarter Eagle AU55 NGC. K-1, High R.5. A subdued yellow-gold representative with diagnostic buckling on ...
$34,500
Sold 1/7/2006
Heritage Auctions
MORMON $2 1/2 1849
$9,460
Sold 1/6/1996
Heritage Auctions
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