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SERIES: Liberty Head $2 1/2 1840-1907
LEVEL: Year, MintMark, & Major Variety

1862-S $2.50 (Regular Strike)

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PCGS MS63+

PCGS MS61

PCGS AU58
PCGS #:
7798
Diameter:
18.00 millimeters
Designer:
Christian Gobrecht
Weight:
4.18 grams
Edge:
Reeded
Mintage:
8,000
Metal Content:
90% Gold, 10% Copper
Auction Record:
$43,700 • PCGS MS63 • 2-1-2012 • Ira & Larry Goldberg
Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 80 R-8.2 19 / 147 TIE 19 / 147 TIE
60 or Better 3 R-9.8 5 / 147 TIE 5 / 147 TIE
65 or Better 0 R-10.1 1 / 147 1 / 147
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS63+ PCGS grade
2 MS62 PCGS grade  
3 MS61 PCGS grade  
3 MS61 PCGS grade  
5 AU58 PCGS grade  
Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS63+ PCGS grade
2 MS62 PCGS grade  
3 MS61 PCGS grade  
3 MS61 PCGS grade  
5 AU58 PCGS grade  
5 AU58 PCGS grade  
5 AU58 PCGS grade  
5 AU58 PCGS grade  
5 AU58 PCGS grade  
5 AU58 PCGS grade  
David Akers (1975/88): Very rare in all grades and extremely underrated. This date is seldom available in any condition and its 24 appearances in 226 auctions places it tenth in the entire series according to rarity by number of appearances. I have seen only two mint state examples and a handful of others above EF. The remainder of the relatively few that I have seen over the years have been well worn. Without a doubt, the 1862-S is one of the major "sleepers" in the entire quarter eagle series, and any specimen grading EF or better should be considered highly desirable.