Estimated grade. Sold by Bowers and Merena Nov '83 price realized $605
David Akers (1975/88): Although the mintage of the 1865-S is quite a bit higher than the mintages of the S Mint Half Eagles from 1858 to 1864, it compares in overall rarity to the 1858-S, 1860-S and 1863-S and is only slightly less rare than the others. Almost all known examples of this date are well worn with VF and lower being all one can expect to find. The 1865-S ranks second in the entire $5 series according to average grade and I do not know of a specimen that would grade better than EF. The very few specimens that I have seen were rather softly struck and the mintmark was always quite weak.
David Hall: The lone "miracle" MS64 specimen was recovered from the Brother Jonatan shipwreck and sold at auction by Bowers and Merena in May, 1999 for $48,300.