1796 $2.50 Draped Bust Gold Values

The Greysheet Catalog (GSID) of the $2.50 Draped Bust Gold (1796–1807) series of Pre-1933 Gold Coinage in the U.S. Coins contains 5 distinct entries with CPG® values between $50,000.00 and $3,250,000.00.

Authorized by the Act of April 2, 1792, quarter eagles weighed 67.5 grains, .9167

fineness, until the weight was changed to 64.5 grains, .8992 fineness, by the Act of

June 28, 1834. The Act of January 18, 1837, established fineness at .900. Most dates

before 1834 are rare. The first issue was struck in 1796; most of these had no stars

on the obverse. Proofs of some dates prior to 1855 are known to exist, and all are rare.