1862 Seated Liberty quarter~ ?

marz

I am told though a common date that the 1862 is very difficult to find!
Is this true? Any advanced seated quarter collectors out there with an experienced thought on this date?
Thanks

lathmach

The 1862 Seated Quarter from the Philadelphia Mint is a common date that doesn't appear as often as would be expected.
Look at any you come across for the type 1 reverse. If you find one, let me know.

Ray

seanq

Here is my example, purchased last year.



No idea what type the reverse is, or how to differentiate between the different types. Lathmach, care to expound a bit?


Sean Reynolds

lathmach

That's the type 2, seanq.

Ray

lathmach

By the way, clips on Seated Quarters are real rare.
I saw 2 that were chain struck several years ago. I don't remember the date and mint. The seller wanted $2000 for them at the time.
I didn't have the money to buy them.

Ray

marz

the one offered to me is mint state ** (dont know). Not sure what to pay for it either?

Dennis88

<< <i>the one offered to me is mint state ** (dont know). Not sure what to pay for it either?

>>



Can't say that without more information.... Definately depends on both numerical grade at PCGS and overall eye-appeal.

Dennis

lordmarcovan

The highest-graded Seated quarter I've ever owned was an 1862. PCGS MS64, and white. It was a beauty. Too bad I no longer have pix of it.

lordmarcovan

<< <i>By the way, clips on Seated Quarters are real rare.
I saw 2 that were chain struck several years ago. I don't remember the date and mint. The seller wanted $2000 for them at the time.
I didn't have the money to buy them. >>

Please elaborate on what "chain struck" means. I have an assumption already formed, but want to make sure it's correct.

lathmach

Chain struck was the term the seller used to describe the error.
Two planchets straddled the dies and were struck at the same time,
having a design that was half on one, and half on the other.
Like an off center strike on both of them that matched perfectly.

Ray

lordmarcovan

Thanks. That was similar to the picture I had in mind, but not exactly.

marz

hi men!

PCGS* graded my quarter a healthy MS-62!

I'll scan it on here when I get it back home......

can anyone tell me what they think it would be worth?
( I realize your not seeing the coin and pricing plastic right now*)


thanks

roadrunner

A typical MS62 1862 might be worth $400. That could swing 10-20% either way based on quality and eye appeal. Hard to find MS62 coins will FULL field luster and no rub. Most slabbed MS62 coins have been circulated. The key is finding one without all the usuall tell-tale field chatter.

Another forum member asked me about no motto reverses this morning of all things. So I had to refresh my memory.

The type 1 reverse has a concave (sunken) eagle's eye. The type 2 has a round and full appearing eye. The type 1 obverse ('59-60)
has no vertical shield stripes under "E" in liberty (above the scroll).
The type 2 does have the stripes extended. As Ray alluded to, a major transitional rarity could be sleeping out there. The easy way to remember these is the later versions are improvements, more correct or more appealing....imo.

roadrunner