1881 $2.50 (Regular Strike)

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

PCGS MS63+

PCGS MS63+

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PCGS MS62

PCGS MS62

PCGS MS62

PCGS MS62

PCGS #:
7833
Designer:
Christian Gobrecht
Edge:
Reeded
Diameter:
18.00 millimeters
Weight:
4.18 grams
Mintage:
640
Mint:
Philadelphia
Metal:
90% Gold, 10% Copper
Major Varieties

Current Auctions - PCGS Graded
Current Auctions - NGC Graded
For Sale Now at Collectors Corner - PCGS Graded
For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades Survival
Estimate
Numismatic
Rarity
Relative Rarity
By Type
Relative Rarity
By Series
All Grades 100 R-8.0 32 / 147 TIE 32 / 147 TIE
60 or Better 20 R-9.1 87 / 147 TIE 87 / 147 TIE
65 or Better 0 R-10.1 1 / 147 1 / 147
Survival Estimate
All Grades 100
60 or Better 20
65 or Better
Numismatic Rarity
All Grades R-8.0
60 or Better R-9.1
65 or Better R-10.1
Relative Rarity By Type All Specs in this Type
All Grades 32 / 147 TIE
60 or Better 87 / 147 TIE
65 or Better 1 / 147
Relative Rarity By Series All Specs in this Series
All Grades 32 / 147 TIE
60 or Better 87 / 147 TIE
65 or Better 1 / 147

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 MS63+ PCGS grade

Jerome Kern Collection - B. Max Mehl 6/1950:70 - Stack's/Bowers 11/2017:10140, $45,600

2 MS63 estimated grade
3 MS62 PCGS grade  
	PCGS #7833 (MS) 62

Heritage 5/2009:1542, $12,650

3 MS62 PCGS grade

Bowers & Merena 8/2010:1580, $12,650 - Stack's/Bowers 8/2011:7620, $11,212.50

3 MS62 PCGS grade
3 MS62 PCGS grade
3 MS62 PCGS grade
8 MS61 PCGS grade
8 MS61 PCGS grade
8 MS61 PCGS grade
#1 MS63+ PCGS grade

Jerome Kern Collection - B. Max Mehl 6/1950:70 - Stack's/Bowers 11/2017:10140, $45,600

#2 MS63 estimated grade
 
	PCGS #7833 (MS) 62 
#3 MS62 PCGS grade

Heritage 5/2009:1542, $12,650

#3 MS62 PCGS grade

Bowers & Merena 8/2010:1580, $12,650 - Stack's/Bowers 8/2011:7620, $11,212.50

#3 MS62 PCGS grade
#3 MS62 PCGS grade
#3 MS62 PCGS grade
#8 MS61 PCGS grade
#8 MS61 PCGS grade
#8 MS61 PCGS grade
Ron Guth:

The 1881 Quarter Eagle is one of the rarest and most popular dates in the series. Our experts estimate that fewer than 100 examples are still in existence. As a result, this date is also one of the most expensive Liberty Head Quarter Eagles.

Years ago, David Akers wrote that he was unaware of any full Mint State 1881 Quarter Eagles. In subsequent years, a number of low-end Mint State examples have shown up on the Population Reports, mostly in MS61 and MS62. A standout 1881 Quarter Eagle is the PCGS MS63+ that was once called a Proof in B. Max Mehl's sale of the Jerome Kern collection way back in 1950.

Because there are so many Prooflike 1881 Quarter Eagles, certification is a must to determine if a particular coin is Proof or Mint State.

David Akers (1975/88): A very popular and rare date with one of the lowest mintages in the entire series. In fact, the 1881 has the third lowest regular mintage of any Liberty Head quarter eagle. The 1881 quarter eagle is significantly more rare than the more popular $3 gold piece of the same date, particularly in high grade. I have never seen a full mint state 1881 and even most of the "AU" pieces I've seen were really impaired proofs, rather than high grade circulation strikes. In my experience, business strikes in all grades are more rare than proofs or impaired proofs, and are very underrated.