1860 $2.50 Old Reverse (Regular Strike)

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

PCGS MS61<BR>Image courtesy of <a href="http://www.ha.com" target="_blank">Heritage Numismatic Auctions</a>

PCGS MS61
Image courtesy of Heritage Numismatic Auctions

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PCGS MS63+

PCGS MS62

PCGS #:: 97791

Designer:: Christian Gobrecht

Edge:: Reeded

Diameter:: 18.00 millimeters

Weight:: 4.18 grams

Mintage:: 22,563

Mint:: Philadelphia

Metal:: 90% Gold, 10% Copper

Auction Record:: $11,788 • MS64 • 03-11-2004 • Bowers & Merena

ShowHide Related Coins and Varieties (2)

Major Varieties

1860 $2.50 New Reverse
1860 $2.50 Old Reverse

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PCGS Population

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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	50	R-8.5	8 / 147 TIE	8 / 147 TIE
60 or Better	10	R-9.5	57 / 147 TIE	57 / 147 TIE
65 or Better	0	R-10.1	1 / 147	1 / 147

Survival Estimate
All Grades	50
60 or Better	10
65 or Better

Numismatic Rarity
All Grades	R-8.5
60 or Better	R-9.5
65 or Better	R-10.1

Relative Rarity By Type All Specs in this Type
All Grades	8 / 147 TIE
60 or Better	57 / 147 TIE
65 or Better	1 / 147

Relative Rarity By Series All Specs in this Series
All Grades	8 / 147 TIE
60 or Better	57 / 147 TIE
65 or Better	1 / 147

Condition Census What Is This?

Pos	Grade	Image	Pedigree and History
1	MS64 PCGS grade
1	MS64 PCGS grade
1	MS64 PCGS grade
1	MS64 PCGS grade
5	MS62 PCGS grade
5	MS62 PCGS grade
5	MS62 PCGS grade
5	MS62 PCGS grade
5	MS62 estimated grade
10	MS61 PCGS grade

#1 MS64 PCGS grade

#5 MS62 PCGS grade

#5 MS62 estimated grade

#10 MS61 PCGS grade

Gordon Wrubel: Quickfinder Notes: There is a simple way to distinguish the Old Reverse die from the New Reverse die. Just look at the "O" in "OF". The Old Reverse has an OVAL "O", while the New Reverse has a ROUND "O". The branch mint issues of Charlotte and San Francisco (none were issued by the Dahlonega Mint in 1860), use the Old Reverse die. The 1861 Old Reverse is rarer than its New Reverse counterpart by a factor of three. It carries a very large premium as auction record attest.