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.
(perhaps all) examples of this date utilize a New Reverse ("Hub of
1859-1907"). In fact, 1876-S or 1877-S may be the last apeparance of the Old Reverse style, so please report any Old Reverse examples.
David Akers (1975/88):
The 1878-S has by far the highest mintage of any S Mint quarter eagle, and it is certainly the most common as well. However, it is less often seen in choice uncircualted condition than the 1877-S. The 1878-S uses the reverse that was first used at the Philadelphia Mint in 1859. This reverse is distinguished from that used on the early San Francisco Mint quarter eagles (prior to 1877) by the smaller letters and modified claws, arrows, olive branch and wings. The mintmark is very small, as it is on the 1877-S, and since mintmarks were punched in by hand, there are a number of different known mintmark positions.
PCGS is not responsible for the accuracy or authenticity of Ebay listings.