1856-S $2.50 (Regular Strike)

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

PCGS MS65

PCGS MS65

PCGS MS64

PCGS MS64

PCGS MS63

PCGS MS63

PCGS #:
7781
Designer:
Christian Gobrecht
Edge:
Reeded
Diameter:
18.00 millimeters
Weight:
4.18 grams
Mintage:
72,120
Mint:
San Francisco
Metal:
90% Gold, 10% Copper
Major Varieties

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
Numismatic
Rarity
Relative Rarity
By Type
Relative Rarity
By Series
All Grades 175 R-7.2 68 / 147 TIE 68 / 147 TIE
60 or Better 15 R-9.3 78 / 147 TIE 78 / 147 TIE
65 or Better 3 R-9.8 27 / 147 TIE 27 / 147 TIE
Survival Estimate
All Grades 175
60 or Better 15
65 or Better 3
Numismatic Rarity
All Grades R-7.2
60 or Better R-9.3
65 or Better R-9.8
Relative Rarity By Type All Specs in this Type
All Grades 68 / 147 TIE
60 or Better 78 / 147 TIE
65 or Better 27 / 147 TIE
Relative Rarity By Series All Specs in this Series
All Grades 68 / 147 TIE
60 or Better 78 / 147 TIE
65 or Better 27 / 147 TIE

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 MS67 PCGS grade

S.S. Central America - Goldbergs 9/2015:1352, $85,187.50

2 MS65 PCGS grade  
	PCGS #7781 (MS) 65

Goldbergs 9/2010:2772, $25,300

2 MS65 PCGS grade

Recovered from the wreck of the S.S. Central America - Heritage 1/2018:4980, $33,600

4 MS64 PCGS grade
4 MS64 PCGS grade
4 MS64 PCGS grade
4 MS64 PCGS grade
8 MS63 PCGS grade
8 MS63 PCGS grade
8 MS63 PCGS grade
#1 MS67 PCGS grade

S.S. Central America - Goldbergs 9/2015:1352, $85,187.50

 
	PCGS #7781 (MS) 65 
#2 MS65 PCGS grade

Goldbergs 9/2010:2772, $25,300

#2 MS65 PCGS grade

Recovered from the wreck of the S.S. Central America - Heritage 1/2018:4980, $33,600

#4 MS64 PCGS grade
#4 MS64 PCGS grade
#4 MS64 PCGS grade
#4 MS64 PCGS grade
#8 MS63 PCGS grade
#8 MS63 PCGS grade
#8 MS63 PCGS grade
Ron Guth:

The 1856-S $2.50 is close in rarity to the 1857-S, but it is almost twice as common as the 1859-S. Approximately two to three dozen Mint State examples are known, most of which grade from MS61 to MS64. The finest example is a PCGS MS67 that was recovered from the wreck of the S.S. Central America -- it is but one of a tiny handful of MS67 Quarter Eagles from the pre-Civil War era. This date usually comes with a nice frosty luster.

The mintmark on the 1856-S Quarter Eagles appears in at least two widely different position. Most often, the mintmark is wedged tightly into the area between the eagle's right talon (viewer's left) and the fletch of the arrow. Other times, it is seen almost touching the upper left serif of the D.

David Akers (1975/88): Moderately scarce as a date (certainly more so than the relatively high mintage figure of 71,120 might indicate) and extremely rare in strictly uncirculated condition. I would be surprised if as many as half a dozen mint state pieces exist. The finest that I have seen was the piece in the 1974 ANA Sale that realized $2500.