1861 $2.50 New Reverse (Regular Strike)

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

PCGS MS66+

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PCGS MS66

PCGS #:: 7794

Designer:: Christian Gobrecht

Edge:: Reeded

Diameter:: 18.00 millimeters

Weight:: 4.18 grams

Mintage:: 1,283,788

Mint:: Philadelphia

Metal:: 90% Gold, 10% Copper

Auction Record:: $11,456 • MS66 • 07-16-2020 • Legend Rare Coin Auctions

ShowHide Related Coins and Varieties (2)

Major Varieties

1861 $2.50 New Reverse
1861 $2.50 Old Reverse

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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	2,000	R-4.6	131 / 147 TIE	131 / 147 TIE
60 or Better	900	R-5.2	128 / 147	128 / 147
65 or Better	40	R-8.7	56 / 147 TIE	56 / 147 TIE

Survival Estimate
All Grades	2,000
60 or Better	900
65 or Better	40

Numismatic Rarity
All Grades	R-4.6
60 or Better	R-5.2
65 or Better	R-8.7

Relative Rarity By Type All Specs in this Type
All Grades	131 / 147 TIE
60 or Better	128 / 147
65 or Better	56 / 147 TIE

Relative Rarity By Series All Specs in this Series
All Grades	131 / 147 TIE
60 or Better	128 / 147
65 or Better	56 / 147 TIE

Condition Census What Is This?

Pos	Grade	Pedigree and History
1	MS67 PCGS grade
2	MS66 PCGS grade	Heritage 1/2015:3243, $9,400 - Mackenzie Collection (PCGS Set Registry)
2	MS66 PCGS grade
2	MS66 PCGS grade
2	MS66 PCGS grade
2	MS66 PCGS grade
2	MS66 PCGS grade
2	MS66 PCGS grade
2	MS66 PCGS grade
2	MS66 PCGS grade

#1 MS67 PCGS grade

#2 MS66 PCGS grade

Heritage 1/2015:3243, $9,400 - Mackenzie Collection (PCGS Set Registry)

#2 MS66 PCGS grade

David Akers (1975/88): The 1861 has the third highest mintage of any quarter eagle and it is one of the more common dates in all grades. Choice uncirculated specimens are reasonably available.

Gordon Wrubel: Quickfinder Notes: There is a simple way to distinguish the New Reverse from the Old Reverse die. Just look at the "O" in "OF". The New Reverse has a ROUND "O", while the Old Reverse has an OVAL "O". The San Francisco branch mint issue (none were issued at Charlotte or Dahlonega in 1861) bears the Old Reverse. While scarce in its own right, the 1861 New Reverse is far more plentiful in numismatic circulation than the Old Reverse.