1861 Coronet Head Gold $2.50 Quarter Eagle : New Reverse - Small Letters

What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc.):

One major variety of the 1861 Liberty Head Gold $2.50 Gold Quarter Eagle features the Type 2 New Reverse.

The old reverse features larger and thicker letters along with more spacing between the letters and rim of the coin. The new reverse features smaller letters with more spacing between the letters - yet less spacing between the letters and rim of the coin.

There are also differences in the designs of the arrows as well. The old reverse features the arrowheads spaced more closely together. The back of the arrow (fletch) is also nearly touching the eagle's claw. The new reverse features much more spacing between the arrowheads and there is also greater spacing between the back of the arrow and the eagle claw. The difference between the Old Reverse vs New Reverse (Type 1 vs Type 2) is depicted below in the example comparison image:

Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition

Good (G-4)	Very Good (VG-8)	Fine (F-12)	Very Fine (VF-20)	Extremely Fine (EF-40)	About Uncirculated (AU-50)	Uncirculated (MS-60)	Uncirculated (MS-63)	Proof (PR-63)
-	-	-	$695	$721	$748	$883	$2,093	-

USA Coin Book Estimated Value of 1861 Coronet Head Gold $2.50 Quarter Eagle (New Reverse - Small Letters Variety) is Worth $695 in Average Condition and can be Worth $883 to $2,093 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. The Melt Value shown below is how Valuable the Coin's Metal is Worth (bare minimum value of coin). Click here to see the Melt Value of every US Coin.


MELT VALUE: $323.44