1849 Mormon $2.50 gold MS K-1 Values

Greysheet & Red Book® Price Guide

Mormon Gold Pieces: Salt Lake City, Utah (1849–1860)

1849 Mormon $2.50 gold MS K-1 Values

Sponsor

shop eBay

Sponsor

shop CAC

Sponsor

shop David Lawrence Rare Coins

Sponsor

shop Great Collections

Sponsor

shop Stacks Bowers Auctions

1849 Mormon $2.50 gold MS K-1 Values

Details

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: Eye and Cap HOLINESS.TO.THE.LORD.

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

Basic Information

GSID:

11818

Coin Date:

1849

Denomination:

G$2 1/2 / $2.50 gold

Designation:

MS

Mint & Coinage Details

Mint Location:

Salt Lake City, Utah

Mintage:

Approx. 3,000

Coinage Type:

Private & Pioneer Gold

Coinage Years:

1849-1860

Composition:

Gold

Varieties and Classification

Variety:

Mormon

Variety 2:

K-1

Rarity:

R-5

Physical Characteristics

Strike Type:

Business

Coin Shape:

Round

Design Details

Designer:

John Kay

Obverse Lettering:

HOLINESS.TO.THE.LORD.

Obverse Designer:

John Kay

Reverse Lettering:

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

Reverse Designer:

John Kay

Available on Greysheet Marketplace

View All

Dealer Directory

View All Dealers

Greysheet News

View All News
One Step Closer to Return of $2.50 Coin
One Step Closer to Return of $2.50 Coin
2/11/2026

House passes amended measure calling for “$2.50 for America's 250th”

CAC Coins Bring Premiums in January 2026
CAC Coins Bring Premiums in January 2026
2/11/2026

CAC approved and CACG encapsulated coins fared well in public sales during the month of January 2026.

Stack's Bowers Galleries' Bidders Crush Records at James A. Stack, Sr. Part II Sale
Stack's Bowers Galleries' Bidders Crush Records at James A. Stack, Sr. Part II Sale
2/10/2026

1911-D $10 Sets New Record for the Indian $10 Series. 1798 Small Eagle $5 Brings $2.82 Million. 1850 Baldwin Horseman $10 Nets $840K.