1865-S 25C (Regular Strike)

Series: Liberty Seated Quarters 1838-1891

PCGS MS67

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PCGS MS66+

PCGS AU50

PCGS #:: 5462

Designer:: Robert Ball Hughes/Christian Gobrecht

Edge:: Reeded

Diameter:: 24.30 millimeters

Weight:: 6.20 grams

Mintage:: 41,000

Mint:: San Francisco

Metal:: 90% Silver, 10% Copper

Auction Record:: $64,625 • MS66+ • 02-27-2014 • Heritage Auctions

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Major Varieties

1865-S 25C

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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	400	R-6.2	17 / 49 TIE	34 / 114 TIE
60 or Better	20	R-9.1	9 / 49 TIE	21 / 114 TIE
65 or Better	2	R-9.9	1 / 49 TIE	3 / 114 TIE

Survival Estimate
All Grades	400
60 or Better	20
65 or Better	2

Numismatic Rarity
All Grades	R-6.2
60 or Better	R-9.1
65 or Better	R-9.9

Relative Rarity By Type All Specs in this Type
All Grades	17 / 49 TIE
60 or Better	9 / 49 TIE
65 or Better	1 / 49 TIE

Relative Rarity By Series All Specs in this Series
All Grades	34 / 114 TIE
60 or Better	21 / 114 TIE
65 or Better	3 / 114 TIE

Condition Census What Is This?

Pos	Grade	Pedigree and History
1	MS66+ PCGS grade	Goldbergs 1/2011:1363, $57,500 - Stack’s/Bowers 8/2012:11346, not sold - Heritage 4/2013:4214, $58,750
1	MS66+ PCGS grade	Larry Whitlow, sold privately in 7/1998 - Eugene H. Gardner Collection, Part I - Heritage 6/2014:30385, $58,750 - Stack's/Bowers 8/2015:10083, not sold - Stack's/Bowers & Sotheby's 10/2015:30, not sold - Legend Rare Coin Auctions 5/2018:508, $64,625 - D.L. Hansen Collection
3	MS66 PCGS grade
5	MS65 estimated grade	Stack's/Bowers 8/2015:10083, not sold
5	MS64 PCGS grade
5	MS64 PCGS grade
5	MS64 PCGS grade
5	MS64 PCGS grade
5	MS64 estimated grade
10	MS63 PCGS grade

#1 MS66+ PCGS grade

Goldbergs 1/2011:1363, $57,500 - Stack’s/Bowers 8/2012:11346, not sold - Heritage 4/2013:4214, $58,750

#1 MS66+ PCGS grade

Larry Whitlow, sold privately in 7/1998 - Eugene H. Gardner Collection, Part I - Heritage 6/2014:30385, $58,750 - Stack's/Bowers 8/2015:10083, not sold - Stack's/Bowers & Sotheby's 10/2015:30, not sold - Legend Rare Coin Auctions 5/2018:508, $64,625 - D.L. Hansen Collection

#3 MS66 PCGS grade

#5 MS65 estimated grade

Stack's/Bowers 8/2015:10083, not sold

#5 MS64 PCGS grade

#5 MS64 estimated grade

#10 MS63 PCGS grade

Ron Guth:

In 1865, production of Quarter Dollars jumped up at the San Francisco Mint, more than doubling the mintage of the previous year, yet still reaching only 41,000 coins. Pricing for this date mimics that of the 1862-S in most grades, but the 1865-S is slightly less expensive at the high end. The PCGS CoinFacts Condition Census contains coins from MS63 at the low end to a single MS66+ at the high end. Most examples we have seen are well-struck, though most show slight weakness on some of the obverse stars.