PCGS AU58
PCGS AU55
- PCGS #:
- 7800
- Designer:
- Christian Gobrecht
- Edge:
- Reeded
- Diameter:
- 18.00 millimeters
- Weight:
- 4.18 grams
- Mintage:
- 2,824
- Mint:
- Philadelphia
- Metal:
- 90% Gold, 10% Copper
- Auction Record:
- $132,000 • GEM BU • 10-01-1996 • Spink America
Major Varieties
- 1864 $2.50
Rarity and Survival Estimates Learn More
| Survival Estimate | |
|---|---|
| All Grades | 20 |
| 60 or Better | 3 |
| 65 or Better | 1 |
| Numismatic Rarity | |
|---|---|
| All Grades | R-9.1 |
| 60 or Better | R-9.8 |
| 65 or Better | R-10.0 |
| Relative Rarity By Type All Specs in this Type | |
|---|---|
| All Grades | 3 / 147 |
| 60 or Better | 5 / 147 TIE |
| 65 or Better | 1 / 147 TIE |
| Relative Rarity By Series All Specs in this Series | |
|---|---|
| All Grades | 3 / 147 |
| 60 or Better | 5 / 147 TIE |
| 65 or Better | 1 / 147 TIE |
Condition Census What Is This?
|
#1 MS66 estimated grade
Byron Reed Collection - Spink America 10/1996:57, $132,000 |
| #2 MS61 PCGS grade |
|
#3 AU58 PCGS grade
Heritage 10/2012:5593, $49,938 |
| #3 AU58 estimated grade |
| #3 AU58 estimated grade |
|
#6 AU55 PCGS grade
|
| #6 AU55 PCGS grade |
| #6 AU55 estimated grade |
| #6 AU55 estimated grade |
#10 AU50 PCGS grade
|
The 1864 Quarter Eagle is a great rarity in any grade. The Mint State example that Akers never saw showed up in 1996 when coins from the Byron Reed collection appeared on the market. Lot 57 in the October 1996 Spink America & Christie's auction was a Gem Uncirculated example that subsequently graded MS67 at NGC. In 1996, that coin brought $132,000...today it would bring substantially more because it is the finest known by a whopping seven points.
Much ado has been made when comparing the business strike and Proof 1864 Quarter Eagles. Usually, the claim is that business strikes are rarer than proofs, but such is not the case. They are of similar rarity -- about a dozen known of each format. However, the Proofs are usually preferred because they are less expensive than comparably graded business strikes and, as shown above, the Proofs are nicer overall.