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1856-C $2-1/2 DOLLARS
OR QUARTER EAGLE

PCGS No: 7778

Mintage:

Circulation strikes: 7,913
Proofs: 0

Designer: Christian Gobrecht

Diameter: ±18 millimeters

Metal content:
Gold - 90%
Other - 10%

Weight: 64.5 grains (4.18 grams)

Edge: Reeded

Mintmark: "C" (for Charlotte, NC) below the eagle on the reverse

Images courtesy of 

Significant examples:

Recent appearances:
NGC MS-61.  Ex – American Numismatic Rarities, LLC’s “The Classics Sale,” July 25, 2003 , Lot 655, illustrated, sold for $12,650.00.  The present specimen exhibits what Douglas Winter calls "die rust," here appearing as planchet irregularities.  These irregularities may have been from rusted dies, as Winter suggested or perhaps from detritus clinging to the working dies.  Either way, these planchet "flaws" are typical for this date.

NGC MS-60.  Ex - Bowers & Merena Galleries' "The Lake Geneva Sale", June 28-29, 2001, Lot 1209, illustrated, not sold

AU-50, Fields Tooled, Brushed.  Ex - Heritage Numismatic Auctions, Inc.'s "Long Beach Signature Sale", May 31-June 2, 2001, Lot 5979, not illustrated, sold for $1,610.00

Notes:
The finest examples graded by PCGS are 2 MS-62's.

Varieties:

Sources and/or recommended reading:
"Walter Breen's Complete Encyclopedia of U.S. and Colonial Coins" by Walter Breen

"The PCGS Population Report, April 2003" by The Professional Coin Grading Service