The 1862 Quarter Dollar appears to be a common date, based on its mintage of 932,000 coins and the fact that the 1862 is priced similarly to the 1858 and 1861, both of which have substantially larger mintages. However, a peek at the PCGS Population Report indicates that the 1862 is far less common than either of those two dates. To this writer, this makes the 1862 an excellent value -- by all accounts it should be priced higher, not the same as, the 1858 and 1861. Put another way, if I had to choose between similarly graded and priced 1858, 1861, and 1862 Quarter Dollars, I would choose the 1862 every time.
One of the very best examples is the PCGS MS67 illustrated above. It is a well-struck, visually appealing example, with frosty luster and golden-brown toning on both sides.
Heritage 4/2013:4213, $15,275
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