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Question: What is the value of a gold coin dated 1856 in the value of $2 1/2?

(Posted by: Marian on 2009-10-31 07:11:13)

Coin is very small, the size of a dime. I have one that is even smaller in a $1.00 denomination

Posted by: Lynn Bodoni on 2009-10-31, 08:31:25

It's impossible to give you an answer based on this description. A lot of the value will be determined by condition, and it's hard to evaluate condition from a description or even a picture. If the coin is in very bad condition, it might be only worth the weight of the gold in it.

Posted by: Taiping on 2009-10-31, 12:45:14

The coin was minted in more than one place so it could have a mint mark, if so it is on the eagle side above 2 1/2 D. No mint mark value depends on the price of gold when sold if the coin has wear. The 1856-O & S have a collector value in higher circulated grades with gold being so high you need to see a coin dealer or two for values are up and down. The 1856-C and 1856-D are rare and values start at $1,000 and go up from there.The 1856 gold dollar also depends on the price of gold when you sell it. The 1856-D starts out at about $1,800. With gold going up all the time it is now become impossible to give an accurate value on gold coins. Best bet see a couple of coin dealers.

Posted by: sgtnight2000 on 2009-10-31, 16:50:19

(1851-1907) Two And A Half Dollar Gold Coins Extra Fine To Almost Uncirculated Lib $355.00 Each