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

1860 $2.50 Old Reverse (Regular Strike)

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PCGS MS61
Image courtesy of Heritage Numismatic Auctions

PCGS MS62

PCGS MS61
PCGS #:
97791
Diameter:
18.00 millimeters
Designer:
Christian Gobrecht
Weight:
4.18 grams
Edge:
Reeded
Mintage:
22,563
Metal Content:
90% Gold, 10% Copper
Auction Record:
$11,788 • PCGS MS64 • 3-11-2004 • Bowers & Merena
Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 50 R-8.5 8 / 147 TIE 8 / 147 TIE
60 or Better 10 R-9.5 57 / 147 TIE 57 / 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 MS64 PCGS grade  
1 MS64 PCGS grade  
1 MS64 PCGS grade  
1 MS64 PCGS grade  
5 MS62 PCGS grade  
Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS64 PCGS grade  
1 MS64 PCGS grade  
1 MS64 PCGS grade  
1 MS64 PCGS grade  
5 MS62 PCGS grade  
5 MS62 PCGS grade  
5 MS62 PCGS grade  
5 MS62 PCGS grade  
5 MS62 estimated grade  
10 MS61 PCGS grade  
Gordon Wrubel: Quickfinder Notes: There is a simple way to distinguish the Old Reverse die from the New Reverse die. Just look at the "O" in "OF". The Old Reverse has an OVAL "O", while the New Reverse has a ROUND "O". The branch mint issues of Charlotte and San Francisco (none were issued by the Dahlonega Mint in 1860), use the Old Reverse die. The 1861 Old Reverse is rarer than its New Reverse counterpart by a factor of three. It carries a very large premium as auction record attest.