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1862 $2-1/2 DOLLARS
OR QUARTER EAGLE

PCGS No: 7796, 7797, 7888

Mintage:

Circulation strikes: 98,508
Proofs: 35

Designer: Christian Gobrecht

Diameter: ±18 millimeters

Metal content:
Gold - 90%
Other - 10%

Weight: 64.5 grains (4.18 grams)

Edge: Reeded

Mintmark: None (for Philadelphia, PA) below the eagle on the reverse

Images courtesy of 

Significant examples:

Recent appearances:
PCGS MS-64.  Ex - Bowers and Merena Galleries, "The Harry W. Bass, Jr. Collection, Part IV Sale", November 20-21, 2000, Lot 214, illustrated, sold for $10,925.00  From Stack's sale of the Scanlon Collection, October 1973, Lot 2092

PCGS MS-62.  Ex - Ira & Larry Goldberg Coin & Collectibles' "The Fairchild Family Trust Collection Sale", May 28-30, 2001, Lot 1273, "2/1", illustrated, sold for $7,475.00

PCGS MS-62.  Ex - Ira & Larry Goldberg Coin & Collectibles' "The Fairchild Family Trust Collection Sale", May 28-30, 2001, Lot 1274, "2/1", illustrated, sold for $9,200.00

Brilliant Uncirculated.  Ex - Stack's "The University of Notre Dame Sale", March 20-21, 2001, Lot 996, not plated, sold for $632.50

NGC AU-58 Overdate.  Ex – American Numismatic Rarities, LLC’s “The Classics Sale,” July 25, 2003 , Lot 660, illustrated, sold for $4,370.00  The late Aubrey E. Bebee of Omaha, Nebraska, who during his career bought, sold and owned most of the major U.S. coin rarities (and currency rarities as well), is credited with the discovery of this Civil War overdate.  First publicized in the Numismatic Scrapbook Magazine (January 1963), the new discovery probably caused readers of the magazine who owned the 1862 quarter eagles to take a closer look at their own coins!

AU-58.  Ex - Bowers and Merena Galleries, "The Harry W. Bass, Jr. Collection, Part IV Sale", November 20-21, 2000, Lot 215, not illustrated, sold for $1,380.00  From Stack's sale of May 1971, Lot 1259

PCGS AU-55, Choice About Uncirculated.  Ex - Stack's "65th Anniversary Sale", October 17-19, 2000, Lot 1657, "1862/1 Overdate", plated, sold for $2,760.00

PCGS AU-55.  Ex - Bowers & Merena Galleries' "The Cabinet of Lucien M. LaRiviere, Part II", March 15-17, 2001, Lot 53, sold for $460.00

Notes:
The finest Uncirculated examples graded by PCGS are 3 MS-64's.

The finest Uncirculated "1862/1" examples graded by PCGS are 2 MS-62's.

The finest Proof example graded by PCGS is a single PR-65.

Sources and/or recommended reading:
"Walter Breen's Complete Encyclopedia of U.S. and Colonial Coins" by Walter Breen

"The PCGS Population Report, April 2003" by The Professional Coin Grading Service