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

1868 25C (Regular Strike)

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PCGS MS66+

PCGS MS66

PCGS MS65+
PCGS #:
5472
Diameter:
24.30 millimeters
Designer:
Robert Ball Hughes/Christian Gobrecht
Weight:
6.20 grams
Edge:
Reeded
Mintage:
29,400
Metal Content:
90% Silver, 10% Copper
Auction Record:
$69,000 • PCGS MS66 CAC • 1-6-2010 • 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 400 R-6.2 15 / 48 TIE 34 / 114 TIE
60 or Better 45 R-8.6 18 / 48 48 / 114 TIE
65 or Better 7 R-9.6 14 / 48 TIE 38 / 114 TIE
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS66+ PCGS grade
2 MS66 PCGS grade

Heritage 4/2008:2280 - Heritage, 1/2010L2515, $69,000 - Eugene H. Gardner Collection - Heritage 6/2014:30387, $61,687.50

3 MS65+ PCGS grade  
4 MS65 PCGS grade  
4 MS65 PCGS grade  
Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS66+ PCGS grade
2 MS66 PCGS grade

Heritage 4/2008:2280 - Heritage, 1/2010L2515, $69,000 - Eugene H. Gardner Collection - Heritage 6/2014:30387, $61,687.50

3 MS65+ PCGS grade  
4 MS65 PCGS grade  
4 MS65 PCGS grade  
4 MS65 PCGS grade  
4 MS65 estimated grade  
8 MS64 PCGS grade  
8 MS64 PCGS grade  
8 MS64 PCGS grade  

Ron Guth: The 1868 Quarter Dollar has a small mintage, but the supply of surviving examples is sufficient to meet most demand.  This delicate balance, which exists for all coins, means that examples of the 1868 Quarter can be found in most grades at prices that seem low relative to the rarity of this date.  Even Mint State examples look like good values because they are only three times more expensive than coins which are much more common.  The PCGS CoinFacts Condition Census starts at the MS64 level and goes to MS66, where only three examples have been certified by PCGS.  This date comes well struck in all areas, including the stars, denticles, and feathers.