1865-S $2.50 (Regular Strike)

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

PCGS MS63+

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PCGS MS62+

PCGS MS62

PCGS #:: 7802

Designer:: Christian Gobrecht

Edge:: Reeded

Diameter:: 18.00 millimeters

Weight:: 4.18 grams

Mintage:: 23,376

Mint:: San Francisco

Metal:: 90% Gold, 10% Copper

Auction Record:: $49,938 • MS63+ • 12-03-2020 • Legend Rare Coin Auctions

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1865-S $2.50

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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	1,000	R-5.0	123 / 147 TIE	123 / 147 TIE
60 or Better	8	R-9.6	43 / 147 TIE	43 / 147 TIE
65 or Better	0	R-10.1	1 / 147	1 / 147

Survival Estimate
All Grades	1,000
60 or Better	8
65 or Better

Numismatic Rarity
All Grades	R-5.0
60 or Better	R-9.6
65 or Better	R-10.1

Relative Rarity By Type All Specs in this Type
All Grades	123 / 147 TIE
60 or Better	43 / 147 TIE
65 or Better	1 / 147

Relative Rarity By Series All Specs in this Series
All Grades	123 / 147 TIE
60 or Better	43 / 147 TIE
65 or Better	1 / 147

Condition Census What Is This?

Pos	Grade	Image	Pedigree and History
1	MS64 PCGS grade
2	MS63 PCGS grade
3	MS62 PCGS grade
3	MS62 PCGS grade
3	MS62 PCGS grade
6	MS61 PCGS grade
7	MS60 PCGS grade
8	AU58 estimated grade
8	AU58 estimated grade
8	AU58 estimated grade

#1 MS64 PCGS grade

#2 MS63 PCGS grade

#3 MS62 PCGS grade

#6 MS61 PCGS grade

#7 MS60 PCGS grade

#8 AU58 estimated grade

David Akers (1975/88): As the auction data indicates, the vast majority of known specimens of this scarce date grade VF or less. In fact, the average grade of VF-25 in our 226 auction catalogue survey is tied for fourth lowest average grade of any quarter eagle in the entire series. I can recall seeing only one fully mint state piece (and it was softly struck, as are all examples of this date and mint) and only three or four strictly graded AU's. Undoubtedly more exist, but, as is the case with all early S Mint gold coins, high grade examples are distinctly underrated.