Coin Specifications

Category: Seated Liberty Quarters (1838-1891)
Mint: Philadelphia
Mintage: 4,853,600
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 6.2200g
ASW: 0.1800oz
Melt Value: $4.66 (4/19/2021)
Diameter: 24.3mm
Edge: Reeded
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1861 25C MS obverse 1861 25C MS reverse
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Description & Analysis

The 1861 Philadelphia Mint quarter dollar is among the most common issues of this long series across all grades. It benefited from both a large mintage and a drastic change in American commerce brought on by the Civil War that broke out the same year. To finance this undertaking the Treasury Department began issuing paper currency that was not immediately redeemable in hard money. This prompted banks to suspend specie (coin) payments at the end of the year, and by the spring of 1862 nearly all gold and silver coinage had disappeared from general circulation. Only the inflated economy of the Far West did hard money survive unmolested, as paper money of any kind was flatly refused.

Much of 1861's silver coinage was hoarded as soon as it was made, and this led to an unusually high survival rate at or near Mint State. Most examples are well struck and lustrous, and this date has been a favorite of type collectors for generations.

All 1861(P) quarters were coined with the Type 2 obverse (six vertical lines above the scroll), and most have the Type 2 reverse (the eagle's eyeball is convex, or raised). A very small number have the old Type 1 reverse, but this rarity seems to be of interest solely to series specialists.

GRADE SUMMARY

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Price Guide

Last Updated: 11/8/2019

Click on a price to see historical prices, comparison charts and trends.

1861 25C MS
  GVGFVFXF505355586061626364656667686970
Base $ 30.00 37.00 45.00 65.00 105 195 220 245 300 390 445 525 740 1150 3100 5000 16250 40000 - -
$ - - 225 - - - - - - 1800 - 5850 20000 -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 697
Low Grade: PrAg
Average Grade: 58
High Grade: 68

The chart showing PrAg series, G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series, 68 series.
NGC CENSUS DETAIL Last Updated: 4/13/2021 1861 25C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base2369362428163368125439729292291126--697
----------------1-----1
---------------1------1
-----------------------
Total2369362428163368125439729293301126--699
 0%0%1%1%5%3%4%2%5%10%18%1%6%10%13%13%4%2%0%1%-- 

NGC Registry

NGC Registry Score 1861 25C MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base891021191391793845156317498209209831034122116332080342645696109100441580125095
9310712515224742755367077285394110001096135817822528380750827420119631889926350
000000553670772853941100010961358178225283807508274201196300
000000592709796886962101711581495193129774188559587321388200
1861 25C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base819410612716335447958870177086592597411521547197732774384587997121533624439
85981131392263955156257248018859411033128316902410364648827156115861837025661
00000051562572480188594110331283169024103646488271561158600
00000055166374783390595710921415183328434015538084341346100
Registry Image Gallery
Grade: MS 64
Points: 1977
Owner: ddr70
 
Grade: MS 64
Points: 1977
Owner: mbrowning
 
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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.