1840 United States 2 1/2 Dollar Value

Expect a 1840 United States 2 1/2 Dollar to trade between about $399 and $4,306, driven almost entirely by grade, and its metal content alone is worth $399 as of 2026-06-01 The figures below break the range down grade by grade.

Public domain image (struck or printed before 1926). Click to enlarge.

Melt estimated at the US 0.900 gold standard.

1840 United States 2 1/2 Dollar value by grade

1840 United States 2 1/2 Dollar value by grade
GradeEstimated value
Melt value floor(metal content, 2026-06-01)$398.68
Good (G-4)$399 to $478
Very Good (VG-8)$399 to $493
Fine (F-12)$399 to $517
Very Fine (VF-20)$399 to $550
Extremely Fine (XF-40)$441 to $622
About Uncirculated (AU-50)$542 to $765
Mint State (MS-60)$746 to $1,053
Choice Unc (MS-63)$1,186 to $1,674
Gem Unc (MS-65)$3,050 to $4,306

Estimated retail range, updated 2026-06-13. Estimates are modeled from mintage rarity and metal content, not auction records. Actual sale prices vary with certification, eye appeal and market timing.

Today's value of the 1840 United States 2 1/2 Dollar

In worn but collectible condition (Good-4), a 1840 United States 2 1/2 Dollar starts around $399. From there, value climbs with every grade step: a gem Mint State example (MS-65) can reach $4,306. Most coins found in old collections fall somewhere between Very Fine and About Uncirculated, the middle rows of the table above.

1840 United States 2 1/2 Dollar specifications

Series
United States Coinage
Year
1840
Mint mark
None (Philadelphia)
Mintage
Not recorded
Composition
Gold
Weight
4.113 g
Diameter
18 mm
Gold content
0.11901 troy oz

No mint mark? Here is why

Philadelphia struck the 1840 United States 2 1/2 Dollar, and Philadelphia coins of this period carry no mint mark at all. An empty space at the usual mint mark position (see the series guide) confirms a Philadelphia strike, not a flaw.

What makes the 1840 United States 2 1/2 Dollar valuable

For the 1840 United States 2 1/2 Dollar, surviving examples tell the story that mint records do not. Museum-documented specimens define the issue for collectors.

Each 1840 United States 2 1/2 Dollar holds 0.1190 troy ounces of gold, worth $399 at current spot prices. Gold content dominates the value of common dates and underwrites every numismatic premium above it.

Context adds the final layer to the 1840 United States 2 1/2 Dollar. Documented United States coin types preserved in museum collections, with measured specifications for each date, denomination and mint. Owning this date means owning a piece of that story, and demand for the series as a whole sustains liquidity for every issue in it.

1840 United States 2 1/2 Dollar inscriptions & design

Obverse

************* (date)

coronet head of Liberty l.

Reverse

UNITED STATES OF AMERICA; 2 1/2 D.

eagle facing, head l.

Measured 1840 United States 2 1/2 Dollar specimens

2 physically measured 1840 United States 2 1/2 Dollar examples in our reference database. Real measured weights and die axes let you authenticate a coin against the 4.113 g, 18 mm minting standard.

Measured 1840 United States 2 1/2 Dollar specimens
SpecimenWeightDiameterDie axisReferences
1840 United States 2 1/2 Dollar #14.113 g18 mm-Friedberg.USA.114, Breen.6154
1840 United States 2 1/2 Dollar #24.156 g18 mm-Friedberg.USA.118, Breen.6158

Specifications compiled from documented museum specimens. See our data & methodology page.

Summary: the 1840 United States 2 1/2 Dollar is valued between $399 and $4,306 as of 2026-06-13. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.