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

1866-S $2.50 (Regular Strike)

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PCGS MS61

PCGS AU58

PCGS XF45
PCGS #:
7804
Diameter:
18.00 millimeters
Designer:
Christian Gobrecht
Weight:
4.18 grams
Edge:
Reeded
Mintage:
38,900
Metal Content:
90% Gold, 10% Copper
Auction Record:
$16,450 • PCGS MS62 • 1-8-2014 • Heritage
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10
345
1
45+
825
50+
1,450
53+
1,950
58+
4,250
60
6,500
Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 200 R-7.0 74 / 147 TIE 74 / 147 TIE
60 or Better 4 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 MS62 PCGS grade  
2 MS62 estimated grade  
3 MS61 PCGS grade  
3 MS61 PCGS grade  
5 AU58 PCGS grade   Heritage 1/2009:5241
Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS62 PCGS grade  
2 MS62 estimated grade  
3 MS61 PCGS grade  
3 MS61 PCGS grade  
5 AU58 PCGS grade   Heritage 1/2009:5241
5 AU58 PCGS grade  
5 AU58 PCGS grade  
5 AU58 PCGS grade  
5 AU58 PCGS grade  
5 AU58 PCGS grade  
Ron Guth: Most (perhaps all) examples of this date utilize an Old Reverse ("Hub of 1840-1858").  Please report any New Reverse examples.

David Akers (1975/88): As the mintage would indicate, the 1866-S is more common than the previous S mints of the 1860's. However, the vast majority are well worn (VF or less) and, in fact, the 1866-S is tied for having the fourth lowest average grade of any quarter eagle in our 226 catalogue auction survey. As is the case with all early S Mint quarter eagles, the 1866-S is grossly underrated in high grade. Strictly uncirculated specimens are extremely rare. I have seen three or four Uncs. of this date, but no more.