David Akers (1975/88): The 1868 is a very scarce date in all grades, as one might reasonably assume from the comparatively low mintage. Overall, it is similar in rarity to the 1862 and 1871 and only a little less rare than the 1859. (The 1859 is considerably more rare in high grade, however.) The 1868 is more rare as a date than the 1863 or 1864 but it is not quite as difficult to locate in mint state. When available, the 1868 is usually only VF or EF. A few AU's and average quality uncs are known but in choice mint state the 1868 is very rare and I have never personally seen or heard of a gem quality business strike.
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