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 US Coins and Jewelry

Sponsor

shop CAC

Sponsor

shop David Lawrence Rare Coins

Sponsor

shop

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
Rarity7
FEATURED

Greysheet News

View All News
Early U.S. Ultra Rarities at GreatCollections on Sunday
Early U.S. Ultra Rarities at GreatCollections on Sunday
1/15/2026

Multiple Coins Currently Bid at Over $1 Million Each in Record Auction

Stack's Bowers Galleries Announces Record Shattering $325 Million Year of Auctions in 2025
Stack's Bowers Galleries Announces Record Shattering $325 Million Year of Auctions in 2025
1/12/2026

Following a record breaking 2024, legendary numismatic firm Stack's Bowers Galleries is pleased to announce that 2025 was another banner year for the company.

Map icon

Rothchild Catering & Conference Center

Map icon

Coinacopia Building