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SERIES: Liberty Seated Quarters 1838-1891
LEVEL: Year, MintMark, & Major Variety

1866-S 25C (Regular Strike)

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PCGS MS64

PCGS AG3

PCGS FR2
PCGS #:
5469
Diameter:
24.30 millimeters
Designer:
Robert Ball Hughes/Christian Gobrecht
Weight:
6.20 grams
Edge:
Reeded
Mintage:
28,000
Metal Content:
90% Silver, 10% Copper
Auction Record:
$97,750 • PCGS MS66 • 5-28-2008 • Heritage
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Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 350 R-6.3 12 / 48 TIE 23 / 114 TIE
60 or Better 10 R-9.5 6 / 48 TIE 14 / 114 TIE
65 or Better 2 R-9.9 2 / 48 TIE 3 / 114 TIE
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS66 PCGS grade  

Silbermünzen Collection - Heritage 5/2008:321, $97,750 - Stack's/Bowers 8/2014:13082, withdrawn - Stack's/Bowers 8/2016:3101, not sold - Bonhams 12/2016:160, not sold

2 MS64 estimated grade  

Superior 10/2000:3165 - Eugene H. Gardner Collection, Part II - Heritage 10/2014:98375, $25,262.50

3 MS64 PCGS grade

Heritage 1/2016:5333, $17,625

4 MS63 PCGS grade  
4 MS63 estimated grade  
Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS66 PCGS grade  

Silbermünzen Collection - Heritage 5/2008:321, $97,750 - Stack's/Bowers 8/2014:13082, withdrawn - Stack's/Bowers 8/2016:3101, not sold - Bonhams 12/2016:160, not sold

2 MS64 estimated grade  

Superior 10/2000:3165 - Eugene H. Gardner Collection, Part II - Heritage 10/2014:98375, $25,262.50

3 MS64 PCGS grade

Heritage 1/2016:5333, $17,625

4 MS63 PCGS grade  
4 MS63 estimated grade  
7 MS62 PCGS grade  
7 MS62 PCGS grade  
7 MS62 PCGS grade  
9 AU58 estimated grade  
9 AU58 estimated grade  

Ron Guth: The scarcity of the 1866-S Quarter Dollar can be blamed on its small mintage and the dearth of coin collectors in the far West.  Because so few nice examples have survived, this is one of the condition-rarities of the series.  However, there is one outstanding example that sets the standard for this date -- a superb PCGS MS66 that burst onto the market in 2008 and set a record price of $97,750.  The next most valuable example sold for less than a fifth of that price, underscoring the desirability of this exceptional example. 

The majority of the 1866-S Quarter Dollars examined by PCGS have been circulated, with most of those examples scattered fairly evenly from VF20 to XF45.  In AU and better conditions, this date is a true prize.