1862-S $2.50 AU55 认证号81690129, PCGS号7798

PCGS estimated survival of 80. Walter Breen's monograph "New Varieties of $1, $2.50 and $5 US Gold" pg 8, comments "One of the most undervalued of all S mint quarter eagles; fewer are around than the 1875 S or 76 S." This is still true today for these two dates with the 75-S at 326 graded and the 76-S at 272 graded. Breen's "Complete Encyclopedia" lists the 1862-S as "Very Rare", "Usually VF; Ex rare above", "S-Mint coins continue to have "Type 1" rev. through 1876". David Akers' "United States Gold Coins - An Auction Analysis of Auction Records - Volume II - Quarter Eagles 1796-1929" echoes the sentiment, "Very rare in all grades and extremely underrated. This date is seldom available in any condition and its 24 appearances in 226 auctions places it in tenth in the entire quarter eagle series according to rarity by number of appearances... Without a doubt, the 1862-S is one of the major "sleepers" in the entire quarter eagle series and any specimen grading EF or better should be considered highly desirable." His average grade at the time (1975) shows an average grade of VF34. Garrett and Guth's "Encyclopedia Of U.S. Gold Coins 1795-1933" comments, "The 1862-S quarter eagle was struck in far fewer numbers than coins of previous years at the San Francisco Mint. This date is very rare an any grade and extremely rare in Mint State. Most of the 1862-S quarter eagles are well worn or damaged... The Smithsonian example is About Uncirculated and is among the finest survivors for the date." The Smithsonian coin is graded AU50

David Akers (1975/88)

Very rare in all grades and extremely underrated. This date is seldom available in any condition and its 24 appearances in 226 auctions places it tenth in the entire series according to rarity by number of appearances. I have seen only two mint state examples and a handful of others above EF. The remainder of the relatively few that I have seen over the years have been well worn. Without a doubt, the 1862-S is one of the major "sleepers" in the entire quarter eagle series, and any specimen grading EF or better should be considered highly desirable.