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 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.
Most (perhaps all) examples of this date utilize an Old Reverse ("Hub of 1840-1858"). Please report any New Reverse examples.
David Akers (1975/88):
Scarce as a date and very rare above EF. In fact, out of 62 auction appearances in our 226 catalogue auction survey, only 10 pieces were graded AU or Unc. by the cataloguers. Most specimens I have seen were very bluntly struck and have relatively little detail on the hair around liberty's face or on the eagle's right leg and neck. It is probably a hundred times as rare as any late date quarter eagle in unc. and so the 1869-S, like so many other quarter eagles, is grossly undervalued, particularly in choice condition. If you were to go out and attempt to buy a half dozen choice 1869-S quarter eagles, even if price were no object, I feel certain that you would come up far short of your goal.
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