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1849 $2.50 Mormon XF40 PCGS

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Price: $56,500.00   
Grade: XF40
Quantity: 1
PCGS Coin #: 10259
Last Update: 6/3/2026
Dealer:  (Terms) David Lawrence Rare Coins (72)
The first $2.50 gold pieces minted west of the Continental Divide was the private coinage in Utah, made from gold brought to the area by Mormon soldiers-turned-miners. The Mormons had returned from their fighting in the Mexican War by way of northern California in 1848, just prior to the "Gold Rush" of 1849. These coins were struck for the benefit of the Mormon community that had recently settled in the Great Salt Lake Valley after traveling from the East, and represented the first signs of wealth for the followers of Brigham Young. A lovely XF example that still shows mostly full details throughout and soft luster around the devices. Even honey-gold coloration is seen across both sides of this fascinating rarity! An unknown, but assuredly minuscule, mintage and immense historical significance makes this piece a profoundly rare offering. Visit www.davidlawrence.com for more information on this coin and 7000+ more coins.
Collectors CornerSM coin information:  (data courtesy of PCGS.com *)
PCGS Coin #: 10259
PCGS Coin Description: 1849 $2.50 Mormon
Mintage: n/a
Grade: XF40
PCGS Population: * 8 View
Population (in higher grades): * 32
PCGS Price Guide: * $82,500.00 View
Auction Prices Realized: * Auction Prices Realized
Additional resources: PCGS CoinFacts
PCGS Set Registry:
(Top 3 of 4 composite sets for this coin)
 
  Learn more about Set Registry 		Pioneer Gold Maker Set (1830-1861)
Utah Gold (Mormon 1849-1860)
Pioneer Gold Maker and Basic Type Set (1830-1861)
* This information is being provided by PCGS and you are encouraged to review the Important Information for each of these items: PCGS Population [View]; PCGS Price Guide [View]; Auction Prices Realized [View].  The PCGS population report, historic compilation of coin prices and auction prices are proprietary to Collectors Universe and remains the property of Collectors Universe.  It is available for personal use to Collectors Corner subscribers only.  Reproduction in any format is strictly prohibited, as is sharing of this import (or any data contained herein).  Also, errors and omissions can occur and accordingly, viewer should recognize these facts and that this information should not be the only source consulted when making a decision about buying or selling coins.

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