1865 $2.50 (Regular Strike)

Series: Liberty Head $2 1/2 1840-1907

PCGS MS61

View More Images

PCGS AU58+

PCGS AU58

PCGS #:: 7801

Designer:: Christian Gobrecht

Edge:: Reeded

Diameter:: 18.00 millimeters

Weight:: 4.18 grams

Mintage:: 1,520

Mint:: Philadelphia

Metal:: 90% Gold, 10% Copper

Auction Record:: $45,600 • AU58 • 02-23-2020 • Heritage Auctions

ShowHide Related Coins and Varieties (1)

Major Varieties

1865 $2.50

Go To Grade

Price Guide (USD)

PCGS Population

Auctions - PCGS Graded

Auctions - NGC Graded

Current Auctions - PCGS Graded

Current Auctions - NGC Graded

For Sale Now at Collectors Corner - PCGS Graded

For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades	Survival Estimate The Survival Estimate represents an average of one or more experts' opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.	Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.	Relative Rarity By Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.	Relative Rarity By Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
All Grades	35	R-8.8	4 / 147	4 / 147
60 or Better	2	R-9.9	3 / 147 TIE	3 / 147 TIE
65 or Better	0	R-10.1	1 / 147	1 / 147

Survival Estimate
All Grades	35
60 or Better	2
65 or Better

Numismatic Rarity
All Grades	R-8.8
60 or Better	R-9.9
65 or Better	R-10.1

Relative Rarity By Type All Specs in this Type
All Grades	4 / 147
60 or Better	3 / 147 TIE
65 or Better	1 / 147

Relative Rarity By Series All Specs in this Series
All Grades	4 / 147
60 or Better	3 / 147 TIE
65 or Better	1 / 147

Condition Census What Is This?

Pos	Grade	Pedigree and History
1	MS63 PCGS grade
2	AU58 PCGS grade	Horseshoe Collection - Bowers & Merena 8/2010:1545, $25,875
2	AU58 PCGS grade
2	AU58 PCGS grade
5	AU58 PCGS grade
5	AU55 PCGS grade
7	AU55 PCGS grade
7	AU53 estimated grade
7	AU53 estimated grade
7	AU53 estimated grade

#1 MS63 PCGS grade

#2 AU58 PCGS grade

Horseshoe Collection - Bowers & Merena 8/2010:1545, $25,875

#2 AU58 PCGS grade

#5 AU58 PCGS grade

#5 AU55 PCGS grade

#7 AU55 PCGS grade

#7 AU53 estimated grade

David Akers (1975/88): Like the 1864, the 1865 is extremely rare as a nonproof. Of the 25 appearances at auction in our 226 catalogue survey, only 10 were busienss strikes. I have never seen a mint state 1865 and, in fact, have seen less than a dozen nonproofs in all. Although its mintage is greater than for either the $3 gold piece or half eagle of the same date, the quarter eagle is significantly more rare than either of those two denominations in nonproof condition. The 1865 and 1864 are two of the rarest dates in the entire series and, disregarding proofs, have actually appeared at auction less often then any other quarter eagle except the 1804 13 Star Reverse and the recently discovered 1862/1.