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An absolutely stunning example of this popular first year issue. A fully original sharply struck specimen toned in a wide array of vibrant colors. Gold, tangerine, lavender, silver-gray, blue-green, are all on display. The original luster breaths life into the rich multi-colored patina on this spectacular natural seated dollar. The plus grade was well deserved as the exceptional eye appeal leaves the viewer in awe of nature’s artistry. If asked to pick one coin from this collection that displayed exceptional eye appeal this beauty would certainly be considered. The first circulation strike Liberty Seated dollars were produced in July of 1840 to the extent of 12,500 pieces. These were among the few coins of this type struck on government account, for they were made to acquaint bullion depositors with their new coinage option. Follow on deliveries made at the request of these depositors resulted in a total circulation strike mintage of the 1840 of 61,005 pieces. Unlike most first-year issues in U.S. coinage history the 1840 was not saved by the contemporary public. It is, as such, among the scarcer and more underrated Philadelphia Mint Liberty Seated dollars from the 1840s.
An absolutely stunning example of this popular first year issue. A fully original sharply struck specimen toned in a wide array of vibrant colors. Gold, tangerine, lavender, silver-gray, blue-green, are all on display. The original luster breaths life into the rich multi-colored patina on this spectacular natural seated dollar. The plus grade was well deserved as the exceptional eye appeal leaves the viewer in awe of nature’s artistry. If asked to pick one coin from this collection that displayed exceptional eye appeal this beauty would certainly be considered. The first circulation strike Liberty Seated dollars were produced in July of 1840 to the extent of 12,500 pieces. These were among the few coins of this type struck on government account, for they were made to acquaint bullion depositors with their new coinage option. Follow on deliveries made at the request of these depositors resulted in a total circulation strike mintage of the 1840 of 61,005 pieces. Unlike most first-year issues in U.S. coinage history the 1840 was not saved by the contemporary public. It is, as such, among the scarcer and more underrated Philadelphia Mint Liberty Seated dollars from the 1840s.
The semi-proof-like surfaces add depth to the natural medium golden-brown patina. The left obverse margin displays an arc of lavender toning. A sharp strike with minor softness on the upper edge of the eagle’s right-wing stars 8 and 9. This first year of issue usually comes sharply struck, with strong hair detail and stars. It has always enjoyed strong demand and is very underrated in Choice Mint State. Ex-Gardner The first circulation strike Liberty Seated dollars were produced in July of 1840 to the extent of 12,500 pieces. These were among the few coins of this type struck on government account, for they were made to acquaint bullion depositors with their new coinage option. Follow on deliveries made at the request of these depositors resulted in a total circulation strike mintage of the 1840 of 61,005 pieces. Unlike most first-year issues in U.S. coinage history the 1840 was not saved by the contemporary public.
The semi-proof-like surfaces add depth to the natural medium golden-brown patina. The left obverse margin displays an arc of lavender toning. A sharp strike with minor softness on the upper edge of the eagle’s right-wing stars 8 and 9. This first year of issue usually comes sharply struck, with strong hair detail and stars. It has always enjoyed strong demand and is very underrated in Choice Mint State. Ex-Gardner The first circulation strike Liberty Seated dollars were produced in July of 1840 to the extent of 12,500 pieces. These were among the few coins of this type struck on government account, for they were made to acquaint bullion depositors with their new coinage option. Follow on deliveries made at the request of these depositors resulted in a total circulation strike mintage of the 1840 of 61,005 pieces. Unlike most first-year issues in U.S. coinage history the 1840 was not saved by the contemporary public.
A magnificent naturally toned example from an old-time collection. The pristine surfaces appear dusky gray at first glance. When tilted under a light the warm apricot patina from years of envelope storage comes alive. The abundant luster, un-abraded surfaces, and flawless rims, lead one to conclude that this beauty spent very little time in circulation. A beautifully toned No Motto seated dollar that was awarded a plus grade. A fully struck and satiny example with for the assigned grade. Silver dollar production climbed in 1841, the second year of the Liberty Seated series. At 173,000 coins struck, the mintage of the 1841 is comparable to those of the 1842 and 1843. The 1841, however, is far scarcer in numismatic circles, making it one of the most underrated issues of its era. Attractive, fully original EF and AU survivors are elusive, more so than many collectors realize, while Mint State coins of similar quality and originality are very rare. The present example, free of sizeable handling marks, has the look of a coin that was never released into commercial channels but, rather, found its way into numismatic hands at an early date, a rare scenario for a circulation strike Liberty Seated dollar from the 1840s since what few numismatists were active in the United States at that time usually acquired Proof examples.
A magnificent naturally toned example from an old-time collection. The pristine surfaces appear dusky gray at first glance. When tilted under a light the warm apricot patina from years of envelope storage comes alive. The abundant luster, un-abraded surfaces, and flawless rims, lead one to conclude that this beauty spent very little time in circulation. A beautifully toned No Motto seated dollar that was awarded a plus grade. A fully struck and satiny example with for the assigned grade. Silver dollar production climbed in 1841, the second year of the Liberty Seated series. At 173,000 coins struck, the mintage of the 1841 is comparable to those of the 1842 and 1843. The 1841, however, is far scarcer in numismatic circles, making it one of the most underrated issues of its era. Attractive, fully original EF and AU survivors are elusive, more so than many collectors realize, while Mint State coins of similar quality and originality are very rare. The present example, free of sizeable handling marks, has the look of a coin that was never released into commercial channels but, rather, found its way into numismatic hands at an early date, a rare scenario for a circulation strike Liberty Seated dollar from the 1840s since what few numismatists were active in the United States at that time usually acquired Proof examples.
Sharply struck with a light pewter-gray and golden toning that reveals original cartwheel luster. This date usually comes well struck, with occasional weakness on the hair, star centrals, central areas, and the upper edge of the eagle’s right-wing. Silver dollar production climbed in 1841, the second year of the Liberty Seated series. At 173,000 coins struck, the mintage of the 1841 is comparable to those of the 1842 and 1843. The 1841, however, is far scarcer in numismatic circles, making it one of the most underrated issues of its era. Attractive, fully original Mint State survivors are rare. The present example, free of size-able handling marks, has the look of a coin that found its way into numismatic hands at an early date, a rare scenario for a circulation strike Liberty Seated dollar from the 1840s since what few numismatists were active in the United States at that time usually acquired Proof examples.
Sharply struck with a light pewter-gray and golden toning that reveals original cartwheel luster. This date usually comes well struck, with occasional weakness on the hair, star centrals, central areas, and the upper edge of the eagle’s right-wing. Silver dollar production climbed in 1841, the second year of the Liberty Seated series. At 173,000 coins struck, the mintage of the 1841 is comparable to those of the 1842 and 1843. The 1841, however, is far scarcer in numismatic circles, making it one of the most underrated issues of its era. Attractive, fully original Mint State survivors are rare. The present example, free of size-able handling marks, has the look of a coin that found its way into numismatic hands at an early date, a rare scenario for a circulation strike Liberty Seated dollar from the 1840s since what few numismatists were active in the United States at that time usually acquired Proof examples.
A very attractive well struck example with exceptionally smooth surfaces. The perfectly matched natural russet patina blankets both sides getting slightly deeper at the borders. It is hard to believe how many years pasted before finding the right example to upgrade this common date to AU-58. At 184,618 pieces produced, the 1842 has the highest mintage of any circulation strike Liberty Seated dollar issue from the 1840s. Indeed, this figure would not be surpassed for the series until 1859, when the Comstock Lode finally provided the United States with a significant source of domestically mined silver. Overall silver production remained low in the 1840s as there were few domestic sources, and many of the Seated dollars from this period represent re-coining of melted down Spanish silver. The 1842 ranks alongside the 1843, 1846, and 1847 as the most plentiful Liberty Seated dollars from the 1840’s. However, no fully original, problem free, and attractive specimen from this challenging series can be accurately defined as common.
A very attractive well struck example with exceptionally smooth surfaces. The perfectly matched natural russet patina blankets both sides getting slightly deeper at the borders. It is hard to believe how many years pasted before finding the right example to upgrade this common date to AU-58. At 184,618 pieces produced, the 1842 has the highest mintage of any circulation strike Liberty Seated dollar issue from the 1840s. Indeed, this figure would not be surpassed for the series until 1859, when the Comstock Lode finally provided the United States with a significant source of domestically mined silver. Overall silver production remained low in the 1840s as there were few domestic sources, and many of the Seated dollars from this period represent re-coining of melted down Spanish silver. The 1842 ranks alongside the 1843, 1846, and 1847 as the most plentiful Liberty Seated dollars from the 1840’s. However, no fully original, problem free, and attractive specimen from this challenging series can be accurately defined as common.
Probably the most common date in the 1840’s. The vivid blue and green obverse center changes to gold and red at the rim. The golden reverse center turns to red, purple, and finally steel blue at the rim. Slight striking weakness is often seen on Liberty’s hair, the star centrals, central areas, and the upper edge of the eagle’s right-wing. The dies were polished several times, and subsequent striking’s are often proof-like. The perception of the 1842 as the most plentiful Liberty Seated dollar from the 1840s is misleading when analyzing Choice Mint State specimens. This example has outstanding eye-appeal. At 184,618 pieces produced, the 1842 has the highest mintage of any circulation strike Liberty Seated dollar issue from the 1840s. Indeed, this figure would not be surpassed for the series until 1859, when the Comstock Lode finally provided the United States with a significant source of domestically mined silver.
Probably the most common date in the 1840’s. The vivid blue and green obverse center changes to gold and red at the rim. The golden reverse center turns to red, purple, and finally steel blue at the rim. Slight striking weakness is often seen on Liberty’s hair, the star centrals, central areas, and the upper edge of the eagle’s right-wing. The dies were polished several times, and subsequent striking’s are often proof-like. The perception of the 1842 as the most plentiful Liberty Seated dollar from the 1840s is misleading when analyzing Choice Mint State specimens. This example has outstanding eye-appeal. At 184,618 pieces produced, the 1842 has the highest mintage of any circulation strike Liberty Seated dollar issue from the 1840s. Indeed, this figure would not be surpassed for the series until 1859, when the Comstock Lode finally provided the United States with a significant source of domestically mined silver.
Well struck with beautiful natural purple-blue toning that turns to deep russet around the peripheries. A sharply struck outstanding example of this common date that managed to survive the melting pots. Demand for dollars from depositors of silver bullion remained consistent during the three-year period from 1841 to 1843. All three issues having similar mintages that are unsurpassed by those of any other issues from the 1840’s. Overall silver production remained low during this decade as there were few domestic sources, and many of the Seated dollars from this period represent re-coining of melted down Spanish silver. The 1843 vies with the 1842, 1846, and 1847, as the most plentiful Liberty Seated dollar from that decade. However, no fully original, problem free, and attractive specimen from this challenging series can be accurately defined as common.
Well struck with beautiful natural purple-blue toning that turns to deep russet around the peripheries. A sharply struck outstanding example of this common date that managed to survive the melting pots. Demand for dollars from depositors of silver bullion remained consistent during the three-year period from 1841 to 1843. All three issues having similar mintages that are unsurpassed by those of any other issues from the 1840’s. Overall silver production remained low during this decade as there were few domestic sources, and many of the Seated dollars from this period represent re-coining of melted down Spanish silver. The 1843 vies with the 1842, 1846, and 1847, as the most plentiful Liberty Seated dollar from that decade. However, no fully original, problem free, and attractive specimen from this challenging series can be accurately defined as common.
This premium example displays attractive natural toning, a sharp strike, and smooth surfaces. A beautiful example of a naturally toned coin with its original skin. Usually comes well struck. The perception of the 1843 as a common Liberty Seated dollar is not accurate when analyzing Choice Mint State specimens. Demand for dollars from depositors of silver bullion remained consistent during the three-year period from 1841 to 1843. All three issues having similar mintages that are unsurpassed by those of any other issues from the 1840’s. Overall silver production remained low during this decade as there were few domestic sources, and many of the Seated dollars from this period represent re-coining of melted down Spanish silver. The 1843 vies with the 1842, 1846, and 1847, as the most plentiful Liberty Seated dollar from that decade. However, no fully original, problem free, and attractive specimen, from this challenging series can be accurately defined as common.
This premium example displays attractive natural toning, a sharp strike, and smooth surfaces. A beautiful example of a naturally toned coin with its original skin. Usually comes well struck. The perception of the 1843 as a common Liberty Seated dollar is not accurate when analyzing Choice Mint State specimens. Demand for dollars from depositors of silver bullion remained consistent during the three-year period from 1841 to 1843. All three issues having similar mintages that are unsurpassed by those of any other issues from the 1840’s. Overall silver production remained low during this decade as there were few domestic sources, and many of the Seated dollars from this period represent re-coining of melted down Spanish silver. The 1843 vies with the 1842, 1846, and 1847, as the most plentiful Liberty Seated dollar from that decade. However, no fully original, problem free, and attractive specimen, from this challenging series can be accurately defined as common.
The beautiful natural patina reveals warm apricot clinging to the devices surrounded by lavender and framed with vibrant teal on the obverse. The reverse exhibits a few splashes of magenta surrounded by lavender and framed with lots of vibrant teal. The combination of colors transforms this example into fine art. A popular low mintage issue, the 1844 is seldom seen with the richly original surfaces that define this piece. The 20,000-piece mintage for the 1844 is the lowest in the circulation strike Liberty Seated dollar series up to that point in time as demand from depositors of silver bullion reached a record low since the inception of this series in 1840.
The beautiful natural patina reveals warm apricot clinging to the devices surrounded by lavender and framed with vibrant teal on the obverse. The reverse exhibits a few splashes of magenta surrounded by lavender and framed with lots of vibrant teal. The combination of colors transforms this example into fine art. A popular low mintage issue, the 1844 is seldom seen with the richly original surfaces that define this piece. The 20,000-piece mintage for the 1844 is the lowest in the circulation strike Liberty Seated dollar series up to that point in time as demand from depositors of silver bullion reached a record low since the inception of this series in 1840.
Deep purple-blue toning over sharp mark free surfaces. Original skin and conservatively graded MS-62, perhaps the toning subdues the luster just enough to prevent a higher grade. This is the only issue with the quadruple obverse stripes in the shield. Strikes range from weak to very sharp, often displaying weakness on the star centrals and upper edge of the eagle’s right-wing. This low mintage date is very rare in Choice Mint State. A popular low mintage issue, the 1844 is seldom seen with the richly original surfaces that define this piece. The 20,000-piece mintage for the 1844 is the lowest in the circulation strike Liberty Seated dollar series up to that point in time as demand from depositors of silver bullion reached a record low since the inception of this series in 1840.
Deep purple-blue toning over sharp mark free surfaces. Original skin and conservatively graded MS-62, perhaps the toning subdues the luster just enough to prevent a higher grade. This is the only issue with the quadruple obverse stripes in the shield. Strikes range from weak to very sharp, often displaying weakness on the star centrals and upper edge of the eagle’s right-wing. This low mintage date is very rare in Choice Mint State. A popular low mintage issue, the 1844 is seldom seen with the richly original surfaces that define this piece. The 20,000-piece mintage for the 1844 is the lowest in the circulation strike Liberty Seated dollar series up to that point in time as demand from depositors of silver bullion reached a record low since the inception of this series in 1840.
Exceptional originality with attractive natural patina. I am convinced that slight striking weakness on Liberty’s knee is all that prevented a Mint State grade. Purchased in an NGC-61 holder, I am confident that it should grade mint state. Certainly, the nicest CH AU example I have ever seen. In fact, it is nicer than several examples graded Mint State. Few Choice AU 1845 silver dollars are as undeniably and attractively original as this piece. The year 1845 mirrors that of 1844 as far as circulation strike silver dollar production is concerned. Limited supplies of silver bullion combined with limited demand for coins to use in the export trade explain the scant mintage of 24,500 pieces for the 1845. Along with the 1844, and 1848, the 1845 is one of the popular low mintage Liberty Seated dollar issues from the 1840s.
Exceptional originality with attractive natural patina. I am convinced that slight striking weakness on Liberty’s knee is all that prevented a Mint State grade. Purchased in an NGC-61 holder, I am confident that it should grade mint state. Certainly, the nicest CH AU example I have ever seen. In fact, it is nicer than several examples graded Mint State. Few Choice AU 1845 silver dollars are as undeniably and attractively original as this piece. The year 1845 mirrors that of 1844 as far as circulation strike silver dollar production is concerned. Limited supplies of silver bullion combined with limited demand for coins to use in the export trade explain the scant mintage of 24,500 pieces for the 1845. Along with the 1844, and 1848, the 1845 is one of the popular low mintage Liberty Seated dollar issues from the 1840s.
Sharply struck with original multicolored deep gun metal grey, navy, and pale evergreen toning. When the coin is tilted one can see traces of light semi-proof-like mirrors. With a mintage of only 24,500 this date is very scarce in high grades. Usually well struck with occasional slight weakness on the star centrals, central areas, and the eagle’s upper right-wing. Mint state examples with original surfaces are rare and were missing from many important old-time collections.
Sharply struck with original multicolored deep gun metal grey, navy, and pale evergreen toning. When the coin is tilted one can see traces of light semi-proof-like mirrors. With a mintage of only 24,500 this date is very scarce in high grades. Usually well struck with occasional slight weakness on the star centrals, central areas, and the eagle’s upper right-wing. Mint state examples with original surfaces are rare and were missing from many important old-time collections.
A well struck and attractive naturally toned specimen that displays golden toning with lavender highlights over smooth mark-free surfaces. There is no clear sign of wear that would indicate this example ever circulated. This coin was previously graded MS-61 by PCGS and would be a great example of a 58 plus . This common date features stunning eye-appeal and is a perfect example of a beautiful and naturally toned seated dollar. Demand for dollars from depositors of silver bullion increased in 1846 and, with a generous (for the era) mintage of 110,600 pieces, the 1846 is one of the more frequently encountered Liberty Seated dollar issues from the 1840s. The 1846 is also remarkably difficult to find in attractive original AU and Mint State preservation given its overall availability.
A well struck and attractive naturally toned specimen that displays golden toning with lavender highlights over smooth mark-free surfaces. There is no clear sign of wear that would indicate this example ever circulated. This coin was previously graded MS-61 by PCGS and would be a great example of a 58 plus . This common date features stunning eye-appeal and is a perfect example of a beautiful and naturally toned seated dollar. Demand for dollars from depositors of silver bullion increased in 1846 and, with a generous (for the era) mintage of 110,600 pieces, the 1846 is one of the more frequently encountered Liberty Seated dollar issues from the 1840s. The 1846 is also remarkably difficult to find in attractive original AU and Mint State preservation given its overall availability.
Sharply struck silver-gray obverse with golden peripheral toning framing the reverse. Fully original and attractive with some very light hairlines in the upper reverse field that limit the grade. Considered a common date, examples are usually well struck with occasional weakness on the star centrals. The availability of the1846 is comparable to the 1842 as one of the more frequently encountered Liberty Seated dollar issues from the 1840s. However, it is much rarer in Choice Mint State condition. Demand for dollars from depositors of silver bullion increased in 1846 and, with a generous (for the era) mintage of 110,600 pieces.
Sharply struck silver-gray obverse with golden peripheral toning framing the reverse. Fully original and attractive with some very light hairlines in the upper reverse field that limit the grade. Considered a common date, examples are usually well struck with occasional weakness on the star centrals. The availability of the1846 is comparable to the 1842 as one of the more frequently encountered Liberty Seated dollar issues from the 1840s. However, it is much rarer in Choice Mint State condition. Demand for dollars from depositors of silver bullion increased in 1846 and, with a generous (for the era) mintage of 110,600 pieces.
The 1846-O is the first branch mint silver dollar in U.S. coinage history and one of only four New Orleans Mint issues of the Liberty Seated design type. A natural thick olive colored patina blankets the pristine surfaces and perfect rims suggesting this example spent very little if any time in circulation. Liberty appears to be bald and the upper two arrowheads are flat. Striking weakness in these areas is a common trait for dollars struck this year. There is just the slightest hint of friction on the Liberty’s thigh, however, one could easily make a case for a Mint State grade. A perfect example of a natural and deeply toned specimen from the historic New Orleans mint. Only 59,000 examples were struck for silver bullion depositors who requested dollars. The vast majority of survivors are in VF and lower grades due to extensive commercial use within the United States, probably in the Mississippi River Valley. In Choice About Uncirculated preservation they are very scarce compared to the demand for high grade survivors from advanced silver dollar collectors and Liberty Seated coinage specialists. This date combines historical significance and condition rarity to create a desirable numismatic treasure.
The 1846-O is the first branch mint silver dollar in U.S. coinage history and one of only four New Orleans Mint issues of the Liberty Seated design type. A natural thick olive colored patina blankets the pristine surfaces and perfect rims suggesting this example spent very little if any time in circulation. Liberty appears to be bald and the upper two arrowheads are flat. Striking weakness in these areas is a common trait for dollars struck this year. There is just the slightest hint of friction on the Liberty’s thigh, however, one could easily make a case for a Mint State grade. A perfect example of a natural and deeply toned specimen from the historic New Orleans mint. Only 59,000 examples were struck for silver bullion depositors who requested dollars. The vast majority of survivors are in VF and lower grades due to extensive commercial use within the United States, probably in the Mississippi River Valley. In Choice About Uncirculated preservation they are very scarce compared to the demand for high grade survivors from advanced silver dollar collectors and Liberty Seated coinage specialists. This date combines historical significance and condition rarity to create a desirable numismatic treasure.
Mottled steel gray toning with multicolored highlights on smooth well struck surfaces. A beautiful premium quality example for the grade. Purchased from a friend, previously from the Joseph C. Thomas Collection. Usually some strike weakness ranging from weak to sharp. Occasionally slight weakness on the head, star centrals, and the eagle’s upper right-wing.
Mottled steel gray toning with multicolored highlights on smooth well struck surfaces. A beautiful premium quality example for the grade. Purchased from a friend, previously from the Joseph C. Thomas Collection. Usually some strike weakness ranging from weak to sharp. Occasionally slight weakness on the head, star centrals, and the eagle’s upper right-wing.
Well struck with gold toning clinging to the devices, blue, purple, and green colored fields. Wholesome natural surfaces with superb eye-appeal combine to produce one of my favorite coins. A common date, examples are usually well struck, occasionally slight weakness on the hair, star centrals, central areas, and the eagle’s upper right-wing.
Well struck with gold toning clinging to the devices, blue, purple, and green colored fields. Wholesome natural surfaces with superb eye-appeal combine to produce one of my favorite coins. A common date, examples are usually well struck, occasionally slight weakness on the hair, star centrals, central areas, and the eagle’s upper right-wing.
A magnificent naturally toned example with superb eye appeal. Purchased from one of the top experts in this series who was convinced this example grades Mint State. There are no clear signs of wear which supports my opinion that this stunning specimen never circulated. A superb example of a fully original naturally toned seated dollar. Demand for dollars from contemporary bullion depositors dipped in 1848, and the Philadelphia Mint delivered just 15,000 circulation strikes making it the lowest mintage Liberty Seated dollar from the 1840s. Once again, the limited supply of domestically mined silver is the prime culprit for the Philadelphia Mint's paltry issue of dollars. With so few coins struck, the 1848 is scarce in circulated grades, and the low mintage, key date status of the date results in strong demand from specialists.
A magnificent naturally toned example with superb eye appeal. Purchased from one of the top experts in this series who was convinced this example grades Mint State. There are no clear signs of wear which supports my opinion that this stunning specimen never circulated. A superb example of a fully original naturally toned seated dollar. Demand for dollars from contemporary bullion depositors dipped in 1848, and the Philadelphia Mint delivered just 15,000 circulation strikes making it the lowest mintage Liberty Seated dollar from the 1840s. Once again, the limited supply of domestically mined silver is the prime culprit for the Philadelphia Mint's paltry issue of dollars. With so few coins struck, the 1848 is scarce in circulated grades, and the low mintage, key date status of the date results in strong demand from specialists.
Natural rich golden-lavender toning yields to vibrant blue at the periphery. A weak strike yielding weak stars and a smooth big toe are trumped by the rarity of her naturally toned smooth surfaces. With a mintage of only 15,000 this date is very rare in high grades. Strikes range from weak to very sharp and often display weakness on the star centrals and the eagle’s upper right-wing. The low mintage accounts for its key date status which creates strong demand. Demand for dollars from contemporary bullion depositors dipped in 1848, and the Philadelphia Mint delivered just 15,000 circulation strikes making it the lowest mintage Liberty Seated dollar from the 1840s. Once again, the limited supply of domestically mined silver is the prime culprit for the Philadelphia Mint's paltry issue of dollars.
Natural rich golden-lavender toning yields to vibrant blue at the periphery. A weak strike yielding weak stars and a smooth big toe are trumped by the rarity of her naturally toned smooth surfaces. With a mintage of only 15,000 this date is very rare in high grades. Strikes range from weak to very sharp and often display weakness on the star centrals and the eagle’s upper right-wing. The low mintage accounts for its key date status which creates strong demand. Demand for dollars from contemporary bullion depositors dipped in 1848, and the Philadelphia Mint delivered just 15,000 circulation strikes making it the lowest mintage Liberty Seated dollar from the 1840s. Once again, the limited supply of domestically mined silver is the prime culprit for the Philadelphia Mint's paltry issue of dollars.
A stellar example toned in a wide array of vibrant colors. An above average strike with a bit of softness in the typical areas. A stellar example toned in a wide array of vibrant colors. An above average strike with a bit of softness in the typical areas. Natures art work lifts the appeal and desirability to a vastly higher level. Demand from bullion depositors resulted in a mintage of 62,600 circulation strike silver dollars in 1849. Most were exported, a familiar scenario, although enough returned from Europe in payment for goods that the 1849 is now regarded as one of the more readily obtainable issues of its type in circulated grades.
A stellar example toned in a wide array of vibrant colors. An above average strike with a bit of softness in the typical areas. A stellar example toned in a wide array of vibrant colors. An above average strike with a bit of softness in the typical areas. Natures art work lifts the appeal and desirability to a vastly higher level. Demand from bullion depositors resulted in a mintage of 62,600 circulation strike silver dollars in 1849. Most were exported, a familiar scenario, although enough returned from Europe in payment for goods that the 1849 is now regarded as one of the more readily obtainable issues of its type in circulated grades.
Well struck with appealing apricot toning that deepens at the rims. A few light hairlines in the upper reverse field are all that prevent a higher grade. Often comes with a soft strike on the stars and the eagle’s leg. Finding a premium quality example in Mint State condition is a challenge. Demand from bullion depositors resulted in a mintage of 62,600 circulation strike silver dollars in 1849. Most were exported, a familiar scenario, although enough returned from Europe in payment for goods that the 1849 is now regarded as one of the more readily obtainable issues of its type in circulated grades.
Well struck with appealing apricot toning that deepens at the rims. A few light hairlines in the upper reverse field are all that prevent a higher grade. Often comes with a soft strike on the stars and the eagle’s leg. Finding a premium quality example in Mint State condition is a challenge. Demand from bullion depositors resulted in a mintage of 62,600 circulation strike silver dollars in 1849. Most were exported, a familiar scenario, although enough returned from Europe in payment for goods that the 1849 is now regarded as one of the more readily obtainable issues of its type in circulated grades.
The gorgeous natural blue-green obverse and deep turquoise reverse is illuminated by the proof-like surfaces producing extraordinary eye appeal. The striking weakness on Liberty's hair and star 7 is easily overlooked on this incredible example of a beautiful and naturally toned seated dollar. An early purchase from Art Weisel. The 1850 is the first of the truly low mintage circulation strike issues in the Liberty Seated dollar series with only 7,500 pieces produced. This is the lowest yearly output from either the Philadelphia or New Orleans mints since the introduction of the Liberty Seated design in 1840. Most examples are well struck and circulation strikes almost always display slightly to fully proof-like finish. The onset of the California Gold Rush in 1849 led to the yellow precious metal becoming common on the world market in comparison to silver. This forced a rise in silver prices to the point where such coins were eventually withdrawn from circulation and hoarded domestically or, more commonly, exported to Europe and subsequently melted. Liberty Seated dollars, being large storehouses of silver that were already held by bullion brokers in most instances, were among those coins that suffered the most immediate and extensive effects of this melting. Hoarding and increased exportation also meant that little bullion remained on hand that depositors would potentially want to have coined into new dollars. This situation would become even more severe in 1851 and 1852, when circulation strike dollar coinage shrank to infinitesimal levels. Survivors of the 1850 issue are scarce in today's market despite my suspicion that they were hoarded. Very few any are seen in grades lower than EF. These facts confirm that many 1850 dollars were exported and melted.
The gorgeous natural blue-green obverse and deep turquoise reverse is illuminated by the proof-like surfaces producing extraordinary eye appeal. The striking weakness on Liberty's hair and star 7 is easily overlooked on this incredible example of a beautiful and naturally toned seated dollar. An early purchase from Art Weisel. The 1850 is the first of the truly low mintage circulation strike issues in the Liberty Seated dollar series with only 7,500 pieces produced. This is the lowest yearly output from either the Philadelphia or New Orleans mints since the introduction of the Liberty Seated design in 1840. Most examples are well struck and circulation strikes almost always display slightly to fully proof-like finish. The onset of the California Gold Rush in 1849 led to the yellow precious metal becoming common on the world market in comparison to silver. This forced a rise in silver prices to the point where such coins were eventually withdrawn from circulation and hoarded domestically or, more commonly, exported to Europe and subsequently melted. Liberty Seated dollars, being large storehouses of silver that were already held by bullion brokers in most instances, were among those coins that suffered the most immediate and extensive effects of this melting. Hoarding and increased exportation also meant that little bullion remained on hand that depositors would potentially want to have coined into new dollars. This situation would become even more severe in 1851 and 1852, when circulation strike dollar coinage shrank to infinitesimal levels. Survivors of the 1850 issue are scarce in today's market despite my suspicion that they were hoarded. Very few any are seen in grades lower than EF. These facts confirm that many 1850 dollars were exported and melted.
The 1850 is the first of the truly low mintage circulation strike issues in the Liberty Seated dollar series with only 7,500 pieces produced. This is the lowest yearly output from either the Philadelphia or New Orleans mints since the introduction of the Liberty Seated design in 1840. Most examples are well struck and circulation strikes almost always display slightly to fully proof-like finish. This fully struck example displays vibrant golden toning that really pops. The onset of the California Gold Rush in 1849 led to the yellow precious metal becoming common on the world market in comparison to silver. This forced a rise in silver prices to the point where such coins were eventually withdrawn from circulation and hoarded domestically or, more commonly, exported to Europe and subsequently melted. Liberty Seated dollars, being large storehouses of silver that were already held by bullion brokers in most instances, were among those coins that suffered the most immediate and extensive effects of this melting. Hoarding and increased exportation also meant that little bullion remained on hand that depositors would potentially want to have coined into new dollars. This situation would become even more severe in 1851 and 1852, when circulation strike dollar coinage shrank to infinitesimal levels. Survivors of the 1850 issue are scarce in today's market despite my suspicion that they were hoarded. Very few any are seen in grades lower than EF. These facts confirm that many 1850 dollars were exported and melted.
The 1850 is the first of the truly low mintage circulation strike issues in the Liberty Seated dollar series with only 7,500 pieces produced. This is the lowest yearly output from either the Philadelphia or New Orleans mints since the introduction of the Liberty Seated design in 1840. Most examples are well struck and circulation strikes almost always display slightly to fully proof-like finish. This fully struck example displays vibrant golden toning that really pops. The onset of the California Gold Rush in 1849 led to the yellow precious metal becoming common on the world market in comparison to silver. This forced a rise in silver prices to the point where such coins were eventually withdrawn from circulation and hoarded domestically or, more commonly, exported to Europe and subsequently melted. Liberty Seated dollars, being large storehouses of silver that were already held by bullion brokers in most instances, were among those coins that suffered the most immediate and extensive effects of this melting. Hoarding and increased exportation also meant that little bullion remained on hand that depositors would potentially want to have coined into new dollars. This situation would become even more severe in 1851 and 1852, when circulation strike dollar coinage shrank to infinitesimal levels. Survivors of the 1850 issue are scarce in today's market despite my suspicion that they were hoarded. Very few any are seen in grades lower than EF. These facts confirm that many 1850 dollars were exported and melted.
The 1850-O is the scarcest of just four New Orleans Mint issues in the Liberty Seated dollar series. This extra crusty example has a mix of russet-gold and charcoal-gray on both sides, deeper around the rims and lighter in the fields. Rust lumps are seen on the otherwise smooth surfaces above and right of the eagles head seen on all examples struck from this die. The surfaces and natural patina are an extraordinary example of what an unmolested coin from this era struck at the New Orleans mint should look like. Several decades passed before locating this wonderful example. This better date is usually well struck with occasional slight weakness on the star centrals. Choice AU examples with original surfaces are rare and were missing from many important old-time collections. Federal legislation dictated that dollars contain slightly more than twice the silver of a half dollar, an odd situation, and as a result the half dollar was the true workhorse of 19th century coinage. Many examples were used for international commerce conducted through the busy port of New Orleans, although others saw domestic circulation in the Mississippi River Valley. Survivors from the mintage of 40,000 pieces are usually well worn, and most have been cleaned or damaged, etc. In original, problem free AU this piece is quite rare.
The 1850-O is the scarcest of just four New Orleans Mint issues in the Liberty Seated dollar series. This extra crusty example has a mix of russet-gold and charcoal-gray on both sides, deeper around the rims and lighter in the fields. Rust lumps are seen on the otherwise smooth surfaces above and right of the eagles head seen on all examples struck from this die. The surfaces and natural patina are an extraordinary example of what an unmolested coin from this era struck at the New Orleans mint should look like. Several decades passed before locating this wonderful example. This better date is usually well struck with occasional slight weakness on the star centrals. Choice AU examples with original surfaces are rare and were missing from many important old-time collections. Federal legislation dictated that dollars contain slightly more than twice the silver of a half dollar, an odd situation, and as a result the half dollar was the true workhorse of 19th century coinage. Many examples were used for international commerce conducted through the busy port of New Orleans, although others saw domestic circulation in the Mississippi River Valley. Survivors from the mintage of 40,000 pieces are usually well worn, and most have been cleaned or damaged, etc. In original, problem free AU this piece is quite rare.
A superb example covered with rich burnt orange toning over smooth surfaces. The striking weakness seen on Liberty's thigh, toe, and stars 12 and 13, is trumped by the beautiful and naturally toned surfaces. Clearly a premium quality example that was awarded a gold CAC sticker. The increase in value for silver on the international market brought about by the California Gold Rush resulted in very little bullion being deposited for coinage at the Philadelphia Mint in 1850, 1851, and 1852. Silver all but disappeared from domestic circulation at the same time, as the coins were bought up by exchange and bullion brokers. The Act of February 21, 1853, sought to remedy this situation by making the smaller denominations from the half dime through half dollar subsidiary, which allowed these pieces to return to active circulation. The Act left the weight of the silver dollar unchanged, however, which mattered little since these coins were struck solely at the request of bullion depositors who used them in export trade. Beginning in 1853 requests for silver dollars increased again and, indeed, from that point through the end of the Liberty Seated series in 1873 most issues of this type were essentially predecessors to the purposely authorized trade dollar of 1873 to 1878. Most of the 46,110 circulation strike silver dollars produced in 1853 were shipped overseas, primarily to Liverpool, England or China. Many of the coins shipped to England eventually returned to the United States in payment for goods such as cotton, which accounts for most of the circulated survivors of issues such as the 1853.
A superb example covered with rich burnt orange toning over smooth surfaces. The striking weakness seen on Liberty's thigh, toe, and stars 12 and 13, is trumped by the beautiful and naturally toned surfaces. Clearly a premium quality example that was awarded a gold CAC sticker. The increase in value for silver on the international market brought about by the California Gold Rush resulted in very little bullion being deposited for coinage at the Philadelphia Mint in 1850, 1851, and 1852. Silver all but disappeared from domestic circulation at the same time, as the coins were bought up by exchange and bullion brokers. The Act of February 21, 1853, sought to remedy this situation by making the smaller denominations from the half dime through half dollar subsidiary, which allowed these pieces to return to active circulation. The Act left the weight of the silver dollar unchanged, however, which mattered little since these coins were struck solely at the request of bullion depositors who used them in export trade. Beginning in 1853 requests for silver dollars increased again and, indeed, from that point through the end of the Liberty Seated series in 1873 most issues of this type were essentially predecessors to the purposely authorized trade dollar of 1873 to 1878. Most of the 46,110 circulation strike silver dollars produced in 1853 were shipped overseas, primarily to Liverpool, England or China. Many of the coins shipped to England eventually returned to the United States in payment for goods such as cotton, which accounts for most of the circulated survivors of issues such as the 1853.
Beautiful multicolored natural toning that gives this coin tremendous eye-appeal. Sky blue and olive-golden peripheral iridescence frames lavender-gray central toning. The strike is bold, and the vibrant toning conceals any surface marks. Those who crave originality will certainly appreciate the eye-appeal of this amazing coin. A very popular date that is a premium example of the No Motto type. Plagued by several areas of weak detail the star centrals are usually weakly defined, sometimes flat on stars 10 to 13. In addition, many examples show slight weakness on the upper edge of the eagle’s right-wing.
Beautiful multicolored natural toning that gives this coin tremendous eye-appeal. Sky blue and olive-golden peripheral iridescence frames lavender-gray central toning. The strike is bold, and the vibrant toning conceals any surface marks. Those who crave originality will certainly appreciate the eye-appeal of this amazing coin. A very popular date that is a premium example of the No Motto type. Plagued by several areas of weak detail the star centrals are usually weakly defined, sometimes flat on stars 10 to 13. In addition, many examples show slight weakness on the upper edge of the eagle’s right-wing.
Sharply struck with fully original deep blue-green, lavender, and burnt orange natural patina. Purchased from a long-time friend and fellow seated dollar collector. This was the highlight of his collection for nearly four decades. This extraordinary example has been carefully stored, retains its original skin, one could easily make a case for a Mint State grade. However, I take full responsibility for limiting their options by selecting plus only when sending this and other coins in for re-grading. It was no surprise when she was awarded a plus grade. An extraordinary naturally toned specimen of this rare date. A pivotal issue in the Liberty Seated series, the 1854 is likely the first date of this type that served primarily in the export trade. The 33,140 circulation strikes produced were made primarily from bullion obtained from Mexico. Since the Act of February 21, 1853 did not reduce the weight of the silver dollar, the bullion value of these coins continued to exceed their face value. (The Act solved this problem for the smaller denomination silver coins by reducing their weight and making them subsidiary in reaction to rising silver prices brought about by the California Gold Rush.) Obtained at a premium from brokers on the West Coast, the vast majority of 1854 silver dollars were shipped to China by merchants in exchange for goods such as tea and silk. These exported coins were almost all subsequently melted, thereby explaining the elusiveness of survivors in all grades.
Sharply struck with fully original deep blue-green, lavender, and burnt orange natural patina. Purchased from a long-time friend and fellow seated dollar collector. This was the highlight of his collection for nearly four decades. This extraordinary example has been carefully stored, retains its original skin, one could easily make a case for a Mint State grade. However, I take full responsibility for limiting their options by selecting plus only when sending this and other coins in for re-grading. It was no surprise when she was awarded a plus grade. An extraordinary naturally toned specimen of this rare date. A pivotal issue in the Liberty Seated series, the 1854 is likely the first date of this type that served primarily in the export trade. The 33,140 circulation strikes produced were made primarily from bullion obtained from Mexico. Since the Act of February 21, 1853 did not reduce the weight of the silver dollar, the bullion value of these coins continued to exceed their face value. (The Act solved this problem for the smaller denomination silver coins by reducing their weight and making them subsidiary in reaction to rising silver prices brought about by the California Gold Rush.) Obtained at a premium from brokers on the West Coast, the vast majority of 1854 silver dollars were shipped to China by merchants in exchange for goods such as tea and silk. These exported coins were almost all subsequently melted, thereby explaining the elusiveness of survivors in all grades.
A fully natural mint state example of a key date. Well struck with both sides draped in rich coppery patina that tends to minimize a few obverse field marks. Typical strikes range from good to very sharp, occasionally displaying slight weakness on the head, date, and the eagle’s leg feathers. Ex-Ric Leichtung. A pivotal issue in the Liberty Seated series, the 1854 is likely the first date of this type that served primarily in the export trade. The 33,140 circulation strikes produced were made primarily from bullion obtained from Mexico. Since the Act of February 21, 1853 did not reduce the weight of the silver dollar, the bullion value of these coins continued to exceed their face value. (The Act solved this problem for the smaller denomination silver coins by reducing their weight and making them subsidiary in reaction to rising silver prices brought about by the California Gold Rush.) Obtained at a premium from brokers on the West Coast, the vast majority of 1854 silver dollars were shipped to China by merchants in exchange for goods such as tea and silk. These exported coins were almost all subsequently melted, thereby explaining the elusiveness of survivors in numismatic circles, and in all grades. Mint State examples are particularly rare and usually appear at auction only once in a very long while.
A fully natural mint state example of a key date. Well struck with both sides draped in rich coppery patina that tends to minimize a few obverse field marks. Typical strikes range from good to very sharp, occasionally displaying slight weakness on the head, date, and the eagle’s leg feathers. Ex-Ric Leichtung. A pivotal issue in the Liberty Seated series, the 1854 is likely the first date of this type that served primarily in the export trade. The 33,140 circulation strikes produced were made primarily from bullion obtained from Mexico. Since the Act of February 21, 1853 did not reduce the weight of the silver dollar, the bullion value of these coins continued to exceed their face value. (The Act solved this problem for the smaller denomination silver coins by reducing their weight and making them subsidiary in reaction to rising silver prices brought about by the California Gold Rush.) Obtained at a premium from brokers on the West Coast, the vast majority of 1854 silver dollars were shipped to China by merchants in exchange for goods such as tea and silk. These exported coins were almost all subsequently melted, thereby explaining the elusiveness of survivors in numismatic circles, and in all grades. Mint State examples are particularly rare and usually appear at auction only once in a very long while.
The colorful natural patina reveals shades of lavender, green, blue, framed with vibrant apricot on the obverse. On the reverse the golden colored eagle is surrounded by lavender fields and framed with splashes of blue-green around the letters. An increase in silver prices during the California Gold Rush era led to the reduction in weight for the half dime, dime, quarter and half dollar through the Act of February 21, 1853. The silver dollar was not included in this act, however, since examples ceased to circulate domestically after the 1840s. The circulation strike issues of the mid to late 1850’s were used primarily in export trade. These coins can be seen as predecessors to the specialized trade dollar introduced in 1873. With most of the 26,000 circulation strikes produced melted or otherwise lost overseas, even worn survivors are scarce.
The colorful natural patina reveals shades of lavender, green, blue, framed with vibrant apricot on the obverse. On the reverse the golden colored eagle is surrounded by lavender fields and framed with splashes of blue-green around the letters. An increase in silver prices during the California Gold Rush era led to the reduction in weight for the half dime, dime, quarter and half dollar through the Act of February 21, 1853. The silver dollar was not included in this act, however, since examples ceased to circulate domestically after the 1840s. The circulation strike issues of the mid to late 1850’s were used primarily in export trade. These coins can be seen as predecessors to the specialized trade dollar introduced in 1873. With most of the 26,000 circulation strikes produced melted or otherwise lost overseas, even worn survivors are scarce.
Sharply struck with golden-orange toning over the lustrous surfaces of this elusive No Motto dollar issue. A few minor field abrasions limit the grade. Ex-Sterling/Ward. An increase in silver prices during the California Gold Rush era led to the reduction in weight for the half dime, dime, quarter and half dollar through the Act of February 21, 1853. The silver dollar was not included in this act, however, since examples ceased to circulate domestically after the 1840s. The circulation strike issues of the mid to late 1850’s were used primarily in export trade. These coins can be seen as predecessors to the specialized trade dollar introduced in 1873. With most of the 26,000 circulation strikes produced melted or otherwise lost overseas, this issue is understandably elusive in today's market. Even worn survivors are scarce, while in Mint State the 1855 is rare.
Sharply struck with golden-orange toning over the lustrous surfaces of this elusive No Motto dollar issue. A few minor field abrasions limit the grade. Ex-Sterling/Ward. An increase in silver prices during the California Gold Rush era led to the reduction in weight for the half dime, dime, quarter and half dollar through the Act of February 21, 1853. The silver dollar was not included in this act, however, since examples ceased to circulate domestically after the 1840s. The circulation strike issues of the mid to late 1850’s were used primarily in export trade. These coins can be seen as predecessors to the specialized trade dollar introduced in 1873. With most of the 26,000 circulation strikes produced melted or otherwise lost overseas, this issue is understandably elusive in today's market. Even worn survivors are scarce, while in Mint State the 1855 is rare.
An excellent strike for the date with lavender colored patina. The exceptionally smooth obverse is layered with natural toning that blankets the pristine surfaces and subdues the luster. A perfect example of a beautiful and naturally toned seated dollar. Purchased from the Jim Gray collection. By 1856 the silver dollar had long since ceased to be a major player in domestic circulation within the United States. Rising silver prices brought about by the economic changes wrought by the California Gold Rush resulted in the Act of February 21, 1853, that reduced the weight standard for the fractional silver denominations (half dime through half dollar) to discourage hoarding and allow the coins to circulate freely. In deference to the fact that the denomination had already fallen into disuse in domestic commercial channels, as well as its status as the standard monetary unit of the nation, the Act made no mention of the silver dollar. The Mint continued to produce silver dollars through the 1850s at the weight standard introduced in the late 1830s (26.73 grams). Beginning in 1850, yearly mintages were largely exported as part of overseas trade with the Orient, explaining why 1856 dollars are much rarer in all grades than a circulation strike mintage of 63,500 pieces might imply. Striking weakness is common on both 1856 and 1857 Seated Dollars.
An excellent strike for the date with lavender colored patina. The exceptionally smooth obverse is layered with natural toning that blankets the pristine surfaces and subdues the luster. A perfect example of a beautiful and naturally toned seated dollar. Purchased from the Jim Gray collection. By 1856 the silver dollar had long since ceased to be a major player in domestic circulation within the United States. Rising silver prices brought about by the economic changes wrought by the California Gold Rush resulted in the Act of February 21, 1853, that reduced the weight standard for the fractional silver denominations (half dime through half dollar) to discourage hoarding and allow the coins to circulate freely. In deference to the fact that the denomination had already fallen into disuse in domestic commercial channels, as well as its status as the standard monetary unit of the nation, the Act made no mention of the silver dollar. The Mint continued to produce silver dollars through the 1850s at the weight standard introduced in the late 1830s (26.73 grams). Beginning in 1850, yearly mintages were largely exported as part of overseas trade with the Orient, explaining why 1856 dollars are much rarer in all grades than a circulation strike mintage of 63,500 pieces might imply. Striking weakness is common on both 1856 and 1857 Seated Dollars.
Subtle pastel colors blanket smooth original surfaces. Some typical striking weakness is trumped by its superior eye appeal and wholesome qualities. A perfect example of a beautiful and naturally toned seated dollar. Purchased from Warren Mills, she is the finest MS-63 example I have seen. This is one of my favorites. A semi-key date, strikes vary from weak to very sharp. Hair detail, star centrals, and the eagle’s leg feathers and upper edge of the left wing are often weakly struck. There are several mint state coins graded MS-60 to MS-64 that are very weakly struck, so much so that to the untrained eye they would appear to grade from VF to AU. Well struck example are rare in MS-63 and above.
Subtle pastel colors blanket smooth original surfaces. Some typical striking weakness is trumped by its superior eye appeal and wholesome qualities. A perfect example of a beautiful and naturally toned seated dollar. Purchased from Warren Mills, she is the finest MS-63 example I have seen. This is one of my favorites. A semi-key date, strikes vary from weak to very sharp. Hair detail, star centrals, and the eagle’s leg feathers and upper edge of the left wing are often weakly struck. There are several mint state coins graded MS-60 to MS-64 that are very weakly struck, so much so that to the untrained eye they would appear to grade from VF to AU. Well struck example are rare in MS-63 and above.
A strong strike for a date that is notorious for a weak strike. Beautiful golden-apricot and lavender colored patina blankets the surfaces. Locating a well struck premium quality example in CH AU condition proved to be considerably more difficult than its certified population suggests. This beautiful example is ever so close to uncirculated with barely a trace of high point obverse rub. Purchased from a close friend in an old white ANACS holder where it was graded MS-61. Survivors are rare and number as few as 250 to 300 pieces. In either case worn coins constitute the majority of 1857 dollars in collectors' hands, and fewer than 100 coins are believed extant in Mint State. The vast majority of specimens have weakly struck areas including Liberties head, the stars, and the top of the eagles right wing. Not surprisingly, most of the Uncirculated survivors are tightly held, market appearances are few and far between in today's highly competitive numismatic market.
A strong strike for a date that is notorious for a weak strike. Beautiful golden-apricot and lavender colored patina blankets the surfaces. Locating a well struck premium quality example in CH AU condition proved to be considerably more difficult than its certified population suggests. This beautiful example is ever so close to uncirculated with barely a trace of high point obverse rub. Purchased from a close friend in an old white ANACS holder where it was graded MS-61. Survivors are rare and number as few as 250 to 300 pieces. In either case worn coins constitute the majority of 1857 dollars in collectors' hands, and fewer than 100 coins are believed extant in Mint State. The vast majority of specimens have weakly struck areas including Liberties head, the stars, and the top of the eagles right wing. Not surprisingly, most of the Uncirculated survivors are tightly held, market appearances are few and far between in today's highly competitive numismatic market.
A great strike for a date that is notorious for a weak strike. Watery proof-like surfaces are decorated with attractive smoky golden-lavender patina. Finding a sharply struck proof-like specimen is very rare. Survivors are rare and number as few as 250 to 300 pieces. In either case worn coins constitute the majority of 1857 dollars in collector’s hands, and fewer than 100 coins are believed extant in Mint State. The vast majority of specimens have weakly struck areas including Liberty’s head, the stars, and the top of the eagles right wing. Not surprisingly, most of the Uncirculated survivors are tightly held, market appearances are few and far between in today's highly competitive numismatic market.
A great strike for a date that is notorious for a weak strike. Watery proof-like surfaces are decorated with attractive smoky golden-lavender patina. Finding a sharply struck proof-like specimen is very rare. Survivors are rare and number as few as 250 to 300 pieces. In either case worn coins constitute the majority of 1857 dollars in collector’s hands, and fewer than 100 coins are believed extant in Mint State. The vast majority of specimens have weakly struck areas including Liberty’s head, the stars, and the top of the eagles right wing. Not surprisingly, most of the Uncirculated survivors are tightly held, market appearances are few and far between in today's highly competitive numismatic market.
A fully natural example with silver colored centers surrounded by an array of pastel colored peripheral toning. Sharply struck with uncommonly smooth surfaces that display a satin finish. After nearly a decade of extremely limited mintages, circulation strike silver dollar production at the Philadelphia Mint swelled to 255,700 pieces in 1859. For the first time since the start of the Liberty Seated series in 1840 the nation had a rich supply of domestically mined silver in the form of Nevada's Comstock Lode. Much of the precious metal mined that year was shipped to the East and South, where bullion brokers deposited it at the Philadelphia or New Orleans mints and requested dollars for use in the export trade. Indeed, many examples of the 1859 were probably included among the more than 1,250,000 silver dollars shipped to China in 1859, 1860, and 1861. Other 1859 dollars were held domestically by banks, merchants and bullion brokers until acquired and subsequently melted by the Mint to provide bullion for the large mintages of subsidiary silver coins at Philadelphia in 1861 and 1862. Indeed, R.W. Julian believes that the recently produced 1859 and 1860 Philadelphia Mint issues may have been disproportionately affected by this mass melting since they would have been the two issues most widely represented in bank reserves at the time. The wholesale destruction of coins through melting, either after export or at the Mint, explains why the 1859 is far rarer than the substantial mintage would suggest. Due to this discrepancy, the 1859 is one of the most underrated Liberty Seated dollars from the 1850s, especially in original and problem-free preservation.
A fully natural example with silver colored centers surrounded by an array of pastel colored peripheral toning. Sharply struck with uncommonly smooth surfaces that display a satin finish. After nearly a decade of extremely limited mintages, circulation strike silver dollar production at the Philadelphia Mint swelled to 255,700 pieces in 1859. For the first time since the start of the Liberty Seated series in 1840 the nation had a rich supply of domestically mined silver in the form of Nevada's Comstock Lode. Much of the precious metal mined that year was shipped to the East and South, where bullion brokers deposited it at the Philadelphia or New Orleans mints and requested dollars for use in the export trade. Indeed, many examples of the 1859 were probably included among the more than 1,250,000 silver dollars shipped to China in 1859, 1860, and 1861. Other 1859 dollars were held domestically by banks, merchants and bullion brokers until acquired and subsequently melted by the Mint to provide bullion for the large mintages of subsidiary silver coins at Philadelphia in 1861 and 1862. Indeed, R.W. Julian believes that the recently produced 1859 and 1860 Philadelphia Mint issues may have been disproportionately affected by this mass melting since they would have been the two issues most widely represented in bank reserves at the time. The wholesale destruction of coins through melting, either after export or at the Mint, explains why the 1859 is far rarer than the substantial mintage would suggest. Due to this discrepancy, the 1859 is one of the most underrated Liberty Seated dollars from the 1850s, especially in original and problem-free preservation.
A razor-sharp strike with smooth mark-free surfaces. The details are so sharp that this example could easily be mistaken for a proof. Golden toning clings to the devices and peripheries. Strikes range from weak to very sharp, frequently displaying weakness on the hair, star centrals, central areas, and the eagle’s upper right-wing. Premium quality Choice Mint State examples are underrated and very difficult to locate. After nearly a decade of extremely limited mintages, circulation strike silver dollar production at the Philadelphia Mint swelled to 255,700 pieces in 1859. For the first time since the start of the Liberty Seated series in 1840 the nation had a rich supply of domestically mined silver in the form of Nevada's Comstock Lode. Much of the precious metal mined that year was shipped to the East and South, where bullion brokers deposited it at the Philadelphia or New Orleans mints and requested dollars for use in the export trade. Indeed, many examples of the 1859 were probably included among the more than 1,250,000 silver dollars shipped to China in 1859, 1860, and 1861. Other 1859 dollars were held domestically by banks, merchants and bullion brokers until acquired and subsequently melted by the Mint to provide bullion for the large mintages of subsidiary silver coins at Philadelphia in 1861 and 1862. Indeed, R.W. Julian believes that the recently produced 1859 and 1860 Philadelphia Mint issues may have been disproportionately affected by this mass melting since they would have been the two issues most widely represented in bank reserves at the time. The wholesale destruction of coins through melting, either after export or at the Mint, explains why the 1859 is far rarer than the substantial mintage would suggest. Due to this discrepancy, the 1859 is underrated Liberty Seated dollars from the 1850’s.
A razor-sharp strike with smooth mark-free surfaces. The details are so sharp that this example could easily be mistaken for a proof. Golden toning clings to the devices and peripheries. Strikes range from weak to very sharp, frequently displaying weakness on the hair, star centrals, central areas, and the eagle’s upper right-wing. Premium quality Choice Mint State examples are underrated and very difficult to locate. After nearly a decade of extremely limited mintages, circulation strike silver dollar production at the Philadelphia Mint swelled to 255,700 pieces in 1859. For the first time since the start of the Liberty Seated series in 1840 the nation had a rich supply of domestically mined silver in the form of Nevada's Comstock Lode. Much of the precious metal mined that year was shipped to the East and South, where bullion brokers deposited it at the Philadelphia or New Orleans mints and requested dollars for use in the export trade. Indeed, many examples of the 1859 were probably included among the more than 1,250,000 silver dollars shipped to China in 1859, 1860, and 1861. Other 1859 dollars were held domestically by banks, merchants and bullion brokers until acquired and subsequently melted by the Mint to provide bullion for the large mintages of subsidiary silver coins at Philadelphia in 1861 and 1862. Indeed, R.W. Julian believes that the recently produced 1859 and 1860 Philadelphia Mint issues may have been disproportionately affected by this mass melting since they would have been the two issues most widely represented in bank reserves at the time. The wholesale destruction of coins through melting, either after export or at the Mint, explains why the 1859 is far rarer than the substantial mintage would suggest. Due to this discrepancy, the 1859 is underrated Liberty Seated dollars from the 1850’s.
Attractive gray toning with pink and lavender highlights on both sides. This natural toning likely resulted after many years of storage in a paper envelope. Usually display nice frosty luster, although proof-like examples exist they are scarce. Premium quality Choice Mint State examples are underrated and difficult to locate. The increase in circulation strike silver dollar mintages at the Philadelphia Mint in 1859 and 1860, as well as the resumption of dollar coinage at New Orleans in the same years, was made possible by the discoveries of large silver deposits in the West, especially in Nevada, where discovery of the rich Comstock Lode was made public in 1859. Much of the bullion was shipped to the East and South, where it was deposited for coinage into dollars at the Philadelphia and New Orleans mints, with the intent of using the coins in the export trade to China. The 1859-O, with an unusually large mintage for the type of 360,000 pieces, was probably widely represented among the more than 1,250,000 silver dollars shipped to China in 1859, 1860 and 1861. Yet even so, it is one of the most common Liberty Seated dollars in Mint State due to the Treasury Department releases of 1962 to 1964, which probably yielded between one and two bags of heavily abraded examples. Non-hoard coins with original skin, natural toning, and mark-free surfaces are uncommon. They are a refreshing contrast to the vast majority of Treasury release coins which are heavily bag marked with scuffy surfaces from long-term storage in mint bags. This piece, however, is not a Treasury Hoard coin and is far scarcer, especially with its richly original and problem free surfaces. Far more challenging to locate with this kind of quality than most collectors realize.
Attractive gray toning with pink and lavender highlights on both sides. This natural toning likely resulted after many years of storage in a paper envelope. Usually display nice frosty luster, although proof-like examples exist they are scarce. Premium quality Choice Mint State examples are underrated and difficult to locate. The increase in circulation strike silver dollar mintages at the Philadelphia Mint in 1859 and 1860, as well as the resumption of dollar coinage at New Orleans in the same years, was made possible by the discoveries of large silver deposits in the West, especially in Nevada, where discovery of the rich Comstock Lode was made public in 1859. Much of the bullion was shipped to the East and South, where it was deposited for coinage into dollars at the Philadelphia and New Orleans mints, with the intent of using the coins in the export trade to China. The 1859-O, with an unusually large mintage for the type of 360,000 pieces, was probably widely represented among the more than 1,250,000 silver dollars shipped to China in 1859, 1860 and 1861. Yet even so, it is one of the most common Liberty Seated dollars in Mint State due to the Treasury Department releases of 1962 to 1964, which probably yielded between one and two bags of heavily abraded examples. Non-hoard coins with original skin, natural toning, and mark-free surfaces are uncommon. They are a refreshing contrast to the vast majority of Treasury release coins which are heavily bag marked with scuffy surfaces from long-term storage in mint bags. This piece, however, is not a Treasury Hoard coin and is far scarcer, especially with its richly original and problem free surfaces. Far more challenging to locate with this kind of quality than most collectors realize.
An attractive original example of this historic, popular, yet extremely challenging San Francisco Mint silver dollar issue. Both sides are layered in rich apricot colored patina. Well struck with just a touch of obverse high point wear and a few reed marks in the reverse field. Virtually all 1859-S silver dollars are softly struck, especially on the eagle's right leg and the top of its right wing. This piece is rare being fully struck throughout both the obverse and reverse. Die State a/b is the early state of the OC-1 pairing with strong re-punching at the bases of the digits 18 in the date. Among Liberty Seated dollars of the No Motto type, the 1859-S is an isolated issue as a product of the San Francisco Mint with most examples produced for a single purpose. Of the 20,000 pieces struck, the first 15,000 coins delivered (on May 11) were paid out to bullion depositors who fed the coins into the export trade. Indeed, the San Francisco-based firm of Bolton, Barren & Co. acquired 8,985 of these coins expressly for use in the China trade. Those examples that went overseas were invariably lost through melting. Fortunately for today's collectors, the additional 5,000 pieces (delivered in July), while also paid out to bullion depositors, were retained stateside and released into circulation on the West Coast, where a seemingly insatiable demand for circulating gold and silver resulted in heavy commercial use for these coins. Survivors of that delivery, and they are few, are usually well worn, often impaired, and constitute the majority of 1859-S silver dollars obtainable today. Given the manner in which this issue was distributed, combined with a lack of contemporary numismatic demand, it should come as no surprise that the 1859-S is very scarce in all grades, and rare in problem free and fully original EF, AU and Mint State condition. This is one of the nicest circulated examples this collector has ever seen and, in fact, it is more appealing than many pieces that have been certified in the various MS grades.
An attractive original example of this historic, popular, yet extremely challenging San Francisco Mint silver dollar issue. Both sides are layered in rich apricot colored patina. Well struck with just a touch of obverse high point wear and a few reed marks in the reverse field. Virtually all 1859-S silver dollars are softly struck, especially on the eagle's right leg and the top of its right wing. This piece is rare being fully struck throughout both the obverse and reverse. Die State a/b is the early state of the OC-1 pairing with strong re-punching at the bases of the digits 18 in the date. Among Liberty Seated dollars of the No Motto type, the 1859-S is an isolated issue as a product of the San Francisco Mint with most examples produced for a single purpose. Of the 20,000 pieces struck, the first 15,000 coins delivered (on May 11) were paid out to bullion depositors who fed the coins into the export trade. Indeed, the San Francisco-based firm of Bolton, Barren & Co. acquired 8,985 of these coins expressly for use in the China trade. Those examples that went overseas were invariably lost through melting. Fortunately for today's collectors, the additional 5,000 pieces (delivered in July), while also paid out to bullion depositors, were retained stateside and released into circulation on the West Coast, where a seemingly insatiable demand for circulating gold and silver resulted in heavy commercial use for these coins. Survivors of that delivery, and they are few, are usually well worn, often impaired, and constitute the majority of 1859-S silver dollars obtainable today. Given the manner in which this issue was distributed, combined with a lack of contemporary numismatic demand, it should come as no surprise that the 1859-S is very scarce in all grades, and rare in problem free and fully original EF, AU and Mint State condition. This is one of the nicest circulated examples this collector has ever seen and, in fact, it is more appealing than many pieces that have been certified in the various MS grades.
Lilac toning covers the well struck surfaces. This is the lone example graded MS-62 and approved by CAC. Although there are a few small ticks she has the potential to grade a point higher. Housed in a PCGS old green holder. With a mintage of only 20,000 this date enjoys strong demand as one of only three issues struck at the San Francisco mint. Many were thought to be exported and melted making survivors scarce. This date often comes with baggy and scuff marked surfaces. Attractive mint state examples are very rare. Contrary to previous assertions the perfect date is rarer than the re-punched date. Most examples display minor weakness on the star centrals and on the upper edge of the eagle’s right wing, business strikes are often slightly proof-like.
Lilac toning covers the well struck surfaces. This is the lone example graded MS-62 and approved by CAC. Although there are a few small ticks she has the potential to grade a point higher. Housed in a PCGS old green holder. With a mintage of only 20,000 this date enjoys strong demand as one of only three issues struck at the San Francisco mint. Many were thought to be exported and melted making survivors scarce. This date often comes with baggy and scuff marked surfaces. Attractive mint state examples are very rare. Contrary to previous assertions the perfect date is rarer than the re-punched date. Most examples display minor weakness on the star centrals and on the upper edge of the eagle’s right wing, business strikes are often slightly proof-like.
With a mintage of only 20,000 this date enjoys strong demand as one of only three issues struck at the San Francisco mint. A warm blanket of gold obverse toning and lighter champagne toning across the reverse of this fully original piece. The underlying surfaces exhibit a trace of reflectivity in the fields with satiny luster on the devices. This date often comes with heavily abraded surfaces. Contrary to previous assertions the late die state is rarer than the early die state. Virtually all 1859-S silver dollars are softly struck, especially on the eagle's right leg and the top of its right wing, this fully struck example is a rarity, die state b/b. Choice Mint State specimens are extremely rare. Among Liberty Seated dollars of the No Motto type, the 1859-S is an isolated issue as a product of the San Francisco Mint with most examples produced for a single purpose. Of the 20,000 pieces struck, the first 15,000 coins delivered (on May 11) were paid out to bullion depositors who fed the coins into the export trade. Indeed, the San Francisco-based firm of Bolton, Barren & Co. acquired 8,985 of these coins expressly for use in the China trade. Those examples that went overseas were invariably lost through melting. Fortunately for today's collectors, the additional 5,000 pieces (delivered in July), while also paid out to bullion depositors, were retained stateside and released into circulation on the West Coast, where a seemingly insatiable demand for circulating gold and silver resulted in heavy commercial use for these coins. Survivors of that delivery, and they are few, are usually well worn, often impaired, and constitute the majority of 1859-S silver dollars obtainable today. Given the manner in which this issue was distributed, combined with a lack of contemporary numismatic demand, it should come as no surprise that the 1859-S is very scarce in all grades, and rare in problem free and fully original AU, and Mint State condition.
With a mintage of only 20,000 this date enjoys strong demand as one of only three issues struck at the San Francisco mint. A warm blanket of gold obverse toning and lighter champagne toning across the reverse of this fully original piece. The underlying surfaces exhibit a trace of reflectivity in the fields with satiny luster on the devices. This date often comes with heavily abraded surfaces. Contrary to previous assertions the late die state is rarer than the early die state. Virtually all 1859-S silver dollars are softly struck, especially on the eagle's right leg and the top of its right wing, this fully struck example is a rarity, die state b/b. Choice Mint State specimens are extremely rare. Among Liberty Seated dollars of the No Motto type, the 1859-S is an isolated issue as a product of the San Francisco Mint with most examples produced for a single purpose. Of the 20,000 pieces struck, the first 15,000 coins delivered (on May 11) were paid out to bullion depositors who fed the coins into the export trade. Indeed, the San Francisco-based firm of Bolton, Barren & Co. acquired 8,985 of these coins expressly for use in the China trade. Those examples that went overseas were invariably lost through melting. Fortunately for today's collectors, the additional 5,000 pieces (delivered in July), while also paid out to bullion depositors, were retained stateside and released into circulation on the West Coast, where a seemingly insatiable demand for circulating gold and silver resulted in heavy commercial use for these coins. Survivors of that delivery, and they are few, are usually well worn, often impaired, and constitute the majority of 1859-S silver dollars obtainable today. Given the manner in which this issue was distributed, combined with a lack of contemporary numismatic demand, it should come as no surprise that the 1859-S is very scarce in all grades, and rare in problem free and fully original AU, and Mint State condition.
Well struck with layers of natural gray toning with splashes of color around the reverse periphery. Fully struck with layers of natural gray toning and splashes of olive colors around the reverse periphery. Anther underrated P-mint that's very scarce with great eye-appeal and problem-free surfaces. The 1860 is far scarcer than a mintage of 217,600 circulation strikes might imply. This fortunate survivor escaped export to the Orient at the time of issue and also avoided domestic circulation after the resumption of silver specie payments in 1876. Most coins found their way overseas, where they were eventually melted, with the result that the 1860 is elusive even in circulated condition.
Well struck with layers of natural gray toning with splashes of color around the reverse periphery. Fully struck with layers of natural gray toning and splashes of olive colors around the reverse periphery. Anther underrated P-mint that's very scarce with great eye-appeal and problem-free surfaces. The 1860 is far scarcer than a mintage of 217,600 circulation strikes might imply. This fortunate survivor escaped export to the Orient at the time of issue and also avoided domestic circulation after the resumption of silver specie payments in 1876. Most coins found their way overseas, where they were eventually melted, with the result that the 1860 is elusive even in circulated condition.
Well struck with deep natural toning, darkest around the periphery. This toning pattern is evident on many original early coins. The surfaces are well preserved making this a choice example. Another underrated date, it’s likely that many were exported and melted. Usually well struck, occasionally displaying slight weakness on the hair detail, star centrals, and the eagle’s upper right-wing.
Well struck with deep natural toning, darkest around the periphery. This toning pattern is evident on many original early coins. The surfaces are well preserved making this a choice example. Another underrated date, it’s likely that many were exported and melted. Usually well struck, occasionally displaying slight weakness on the hair detail, star centrals, and the eagle’s upper right-wing.
Beautiful multicolored toning blankets both sides of this outstanding specimen. Sharply struck and lustrous this non-hoard example is fully original and exhibits exceptional eye appeal. Like her sister from the previous year the abundant luster, unabraded surfaces, and flawless rims, lead one to conclude that she spent very little time in circulation. Purchased from a close friend in an NGC holder graded MS-61. As in 1859, New Orleans was a popular destination for silver ore mined in Nevada in 1860, deposits from bullion brokers remaining strong and explaining the generous (for the type) mintage of 515,000 pieces. This would change the following year with the approach of the Civil War and, in fact, the 1860-O is the final of only four New Orleans Mint issues in the Liberty Seated dollar series. Export to the Orient claimed most examples, although many were retained stateside, including those that eventually came to light as part of the Treasury Department releases of 1962 to 1964. Although estimates on the number of Mint State examples included in that find range as high as 6,000 pieces, current third-party certification data suggests a much more limited total on the order of 2,000 to 3,000 coins (ie., two or three bags). Most Treasury Hoard coins are brilliant, heavily abraded, and grade somewhere in the MS-60 to MS-62 range. Although the persistent collector can locate an above average hoard coin in, say, MS-63 or MS-64, fully original and attractive non-hoard examples like this premium quality AU coin is a far more challenging than generally recognized.
Beautiful multicolored toning blankets both sides of this outstanding specimen. Sharply struck and lustrous this non-hoard example is fully original and exhibits exceptional eye appeal. Like her sister from the previous year the abundant luster, unabraded surfaces, and flawless rims, lead one to conclude that she spent very little time in circulation. Purchased from a close friend in an NGC holder graded MS-61. As in 1859, New Orleans was a popular destination for silver ore mined in Nevada in 1860, deposits from bullion brokers remaining strong and explaining the generous (for the type) mintage of 515,000 pieces. This would change the following year with the approach of the Civil War and, in fact, the 1860-O is the final of only four New Orleans Mint issues in the Liberty Seated dollar series. Export to the Orient claimed most examples, although many were retained stateside, including those that eventually came to light as part of the Treasury Department releases of 1962 to 1964. Although estimates on the number of Mint State examples included in that find range as high as 6,000 pieces, current third-party certification data suggests a much more limited total on the order of 2,000 to 3,000 coins (ie., two or three bags). Most Treasury Hoard coins are brilliant, heavily abraded, and grade somewhere in the MS-60 to MS-62 range. Although the persistent collector can locate an above average hoard coin in, say, MS-63 or MS-64, fully original and attractive non-hoard examples like this premium quality AU coin is a far more challenging than generally recognized.
This gorgeous specimen has blazing semi proof-like luster that illuminates the vibrant green, blue, and gold, peripheral toning bands. This glowing example was sold as a gem in the 1980's, very light lines in the obverse field are all that prevent a higher grade. Although the most common date in the series due to the bags released by the treasury the incredibly beautiful toning and luster elevate this example to the top of its grade. This non-hoard example is fully original and exhibits exceptional eye appeal. This date is occasionally available with Proof-like surfaces. As in 1859, New Orleans was a popular destination for silver ore mined in Nevada in 1860, deposits from bullion brokers remaining strong and explaining the generous (for the type) mintage of 515,000 pieces. This would change the following year with the approach of the Civil War and, in fact, the 1860-O is the final of only four New Orleans Mint issues in the Liberty Seated dollar series. Export to the Orient claimed most examples, although many were retained stateside, including those that eventually came to light as part of the Treasury Department releases of 1962 to 1964. Although estimates on the number of Mint State examples included in that find range as high as 6,000 pieces, current third-party certification data suggests a much more limited total on the order of 2,000 to 3,000 coins (ie., two or three bags). Most Treasury Hoard coins are brilliant, heavily abraded and grade somewhere in the MS-60 to MS-62 range. Although the persistent collector can locate an above average hoard coin in, say, MS-63 or MS-64, fully original and attractive non-hoard examples like this premium quality Mint State coin are far more challenging than generally recognized.
This gorgeous specimen has blazing semi proof-like luster that illuminates the vibrant green, blue, and gold, peripheral toning bands. This glowing example was sold as a gem in the 1980's, very light lines in the obverse field are all that prevent a higher grade. Although the most common date in the series due to the bags released by the treasury the incredibly beautiful toning and luster elevate this example to the top of its grade. This non-hoard example is fully original and exhibits exceptional eye appeal. This date is occasionally available with Proof-like surfaces. As in 1859, New Orleans was a popular destination for silver ore mined in Nevada in 1860, deposits from bullion brokers remaining strong and explaining the generous (for the type) mintage of 515,000 pieces. This would change the following year with the approach of the Civil War and, in fact, the 1860-O is the final of only four New Orleans Mint issues in the Liberty Seated dollar series. Export to the Orient claimed most examples, although many were retained stateside, including those that eventually came to light as part of the Treasury Department releases of 1962 to 1964. Although estimates on the number of Mint State examples included in that find range as high as 6,000 pieces, current third-party certification data suggests a much more limited total on the order of 2,000 to 3,000 coins (ie., two or three bags). Most Treasury Hoard coins are brilliant, heavily abraded and grade somewhere in the MS-60 to MS-62 range. Although the persistent collector can locate an above average hoard coin in, say, MS-63 or MS-64, fully original and attractive non-hoard examples like this premium quality Mint State coin are far more challenging than generally recognized.
A fully original and exceptionally attractive example of this underrated Civil War era rarity in the circulation strike Liberty Seated dollar series. Both sides exhibit light golden toning framed by vivid reddish-gold toning. Strong satiny mint luster brings the toning alive. A few obverse circulation marks are all that prevented CAC approval. The 1861 inaugurates a run of popular Civil War era issues in the Liberty Seated silver dollar series. After relatively sizeable mintages in 1859 and 1860, circulation strike dollar production at the Philadelphia Mint amounted to just 77,500 pieces in 1861. Demand for dollars from silver bullion depositors actually remained strong as the calendar advanced from 1860 to 1861, with 50,000 coins struck during January and February of the latter year. The bombardment of Fort Sumter in April, however, saw the Mint faced with a sudden, albeit brief increase in demand for subsidiary silver coinage. With much of the bullion for this coinage coming from earlier-dated silver dollars that the Mint acquired from bank reserves and the New York Sub-Treasury, it is little wonder that requests for newly minted dollars fell off markedly and amounted to only an additional 27,500 pieces being struck through the end of June 1861. Apart from two small exceptions on February 4 and June 24, 1862, dollar coinage was effectively halted until July of that year when the withdrawal of subsidiary silver coinage from the East and Midwest that began the preceding month resulted in renewed (albeit limited) demand from bullion depositors for new dollars to be used in the export trade.
A fully original and exceptionally attractive example of this underrated Civil War era rarity in the circulation strike Liberty Seated dollar series. Both sides exhibit light golden toning framed by vivid reddish-gold toning. Strong satiny mint luster brings the toning alive. A few obverse circulation marks are all that prevented CAC approval. The 1861 inaugurates a run of popular Civil War era issues in the Liberty Seated silver dollar series. After relatively sizeable mintages in 1859 and 1860, circulation strike dollar production at the Philadelphia Mint amounted to just 77,500 pieces in 1861. Demand for dollars from silver bullion depositors actually remained strong as the calendar advanced from 1860 to 1861, with 50,000 coins struck during January and February of the latter year. The bombardment of Fort Sumter in April, however, saw the Mint faced with a sudden, albeit brief increase in demand for subsidiary silver coinage. With much of the bullion for this coinage coming from earlier-dated silver dollars that the Mint acquired from bank reserves and the New York Sub-Treasury, it is little wonder that requests for newly minted dollars fell off markedly and amounted to only an additional 27,500 pieces being struck through the end of June 1861. Apart from two small exceptions on February 4 and June 24, 1862, dollar coinage was effectively halted until July of that year when the withdrawal of subsidiary silver coinage from the East and Midwest that began the preceding month resulted in renewed (albeit limited) demand from bullion depositors for new dollars to be used in the export trade.
A moderate coating of appealing, natural olive-gray and tobacco-brown toning with hints of blue-green around the stars and reverse letters. This fully original example received a powerful impression from the dies as all legends and devices stand out over the smooth satiny surfaces. A wonderful example of a naturally toned seated dollar from this historic era. From an old-time collection where this coin was stored in an envelope for decades, splendid pristine surfaces, one of my favorites. The first year of the Civil War, all five wartime issues enjoy strong demand from numismatists and Civil War collectors. Usually well struck with satiny luster. Contrary to typical survival rates mint state specimens seem to be more available than examples grading choice about uncirculated.
A moderate coating of appealing, natural olive-gray and tobacco-brown toning with hints of blue-green around the stars and reverse letters. This fully original example received a powerful impression from the dies as all legends and devices stand out over the smooth satiny surfaces. A wonderful example of a naturally toned seated dollar from this historic era. From an old-time collection where this coin was stored in an envelope for decades, splendid pristine surfaces, one of my favorites. The first year of the Civil War, all five wartime issues enjoy strong demand from numismatists and Civil War collectors. Usually well struck with satiny luster. Contrary to typical survival rates mint state specimens seem to be more available than examples grading choice about uncirculated.
Sharply struck smooth surfaces make an ideal canvas for the deep olive obverse and purple-gray reverse patina. The antique look transports the viewer back to an earlier time period. The die striations are lighter than usual which intensifies the eye appeal. Finding this exceptional example of this civil war issue that survived with fully natural surfaces took several decades. After the long search I didn’t hesitate paying over the market value at that time. This specimen would look very much at home in an AU-58 holder. The 1862 has the lowest circulation strike mintage among Civil War era Liberty Seated dollars with just 11,540 coins struck. As with its predecessors beginning with the 1853, these coins were produced at the request of bullion depositors who used the coins in international commerce, especially to Liverpool, England and China. Apparently few examples returned to native shores, as the extant population of the circulation strikes is fewer than 350 coins in all grades. In addition, there are some proofs that have been mistakenly certified as circulation strikes.
Sharply struck smooth surfaces make an ideal canvas for the deep olive obverse and purple-gray reverse patina. The antique look transports the viewer back to an earlier time period. The die striations are lighter than usual which intensifies the eye appeal. Finding this exceptional example of this civil war issue that survived with fully natural surfaces took several decades. After the long search I didn’t hesitate paying over the market value at that time. This specimen would look very much at home in an AU-58 holder. The 1862 has the lowest circulation strike mintage among Civil War era Liberty Seated dollars with just 11,540 coins struck. As with its predecessors beginning with the 1853, these coins were produced at the request of bullion depositors who used the coins in international commerce, especially to Liverpool, England and China. Apparently few examples returned to native shores, as the extant population of the circulation strikes is fewer than 350 coins in all grades. In addition, there are some proofs that have been mistakenly certified as circulation strikes.
A legendary Civil War date in the Liberty Seated dollar series in rare and fully original Choice Mint State preservation. This choice example is layered with a warm russet and apricot patina, both sides also with blushes of golden orange, powder blue, and emerald green. The smooth fields show virtually no sign of the die striations that plague this issue. The mark-free surfaces suggest an even higher numeric grade. The strike is good with slight weakness on the eagles upper right wing and leg feathers. Circulation strike silver dollar coinage reached a wartime low in 1862 as a string of Confederate victories the previous year led to the suspension of gold specie payment by Northern banks in December 1861. By July of the following year the worsening military situation (from the Union perspective) led to the withdrawal of silver coinage from circulation in the East and Midwest, a situation that would continue through much of the Reconstruction era. The silver dollar was not affected by this since it had not been used in domestic circulation since the late 1840s, and only to a limited extant during that decade anyhow. For at least a decade before the Southern Confederacy seemed poised to win the Civil War, silver dollars had been coined only at the request of bullion depositors with the intent of being used in the export trade. Yet even so, the dire Union position in 1862 and the withdrawal of silver from domestic circulation in the East and Midwest resulted in little bullion being deposited at the Philadelphia Mint for dollar coinage that year. Diminished trade with China also played a part, understandable given the nation's preoccupation with the war. Only 11,540 circulation strikes were produced and, while most were exported to the Orient and subsequently melted, enough either remained stateside or were fortunate to return from export to other locations to justify an estimate of 300 to 500 survivors in all grades. Circulated coins are the norm in numismatic circles, and most of the 50 or so Mint State coins believed extant are in lower grades through MS-62. The population reports for circulation strikes are inflated due to proof strike being misattributed. Rare from both absolute and condition standpoints, and one of the finest certified survivors of a popular Civil War issue, this exceptional Choice Uncirculated 1862 dollar is a perfect addition to this collection.
A legendary Civil War date in the Liberty Seated dollar series in rare and fully original Choice Mint State preservation. This choice example is layered with a warm russet and apricot patina, both sides also with blushes of golden orange, powder blue, and emerald green. The smooth fields show virtually no sign of the die striations that plague this issue. The mark-free surfaces suggest an even higher numeric grade. The strike is good with slight weakness on the eagles upper right wing and leg feathers. Circulation strike silver dollar coinage reached a wartime low in 1862 as a string of Confederate victories the previous year led to the suspension of gold specie payment by Northern banks in December 1861. By July of the following year the worsening military situation (from the Union perspective) led to the withdrawal of silver coinage from circulation in the East and Midwest, a situation that would continue through much of the Reconstruction era. The silver dollar was not affected by this since it had not been used in domestic circulation since the late 1840s, and only to a limited extant during that decade anyhow. For at least a decade before the Southern Confederacy seemed poised to win the Civil War, silver dollars had been coined only at the request of bullion depositors with the intent of being used in the export trade. Yet even so, the dire Union position in 1862 and the withdrawal of silver from domestic circulation in the East and Midwest resulted in little bullion being deposited at the Philadelphia Mint for dollar coinage that year. Diminished trade with China also played a part, understandable given the nation's preoccupation with the war. Only 11,540 circulation strikes were produced and, while most were exported to the Orient and subsequently melted, enough either remained stateside or were fortunate to return from export to other locations to justify an estimate of 300 to 500 survivors in all grades. Circulated coins are the norm in numismatic circles, and most of the 50 or so Mint State coins believed extant are in lower grades through MS-62. The population reports for circulation strikes are inflated due to proof strike being misattributed. Rare from both absolute and condition standpoints, and one of the finest certified survivors of a popular Civil War issue, this exceptional Choice Uncirculated 1862 dollar is a perfect addition to this collection.
A razor-sharp strike on this uncirculated example with silver-gray centers with splashes of blue-violet patina toward the periphery, the reverse displays a similar pattern in olive-brown. Although it has smooth, hairline free, satiny surfaces, it was likely net graded to CH AU. With the outbreak of the Civil War, confidence in paper currency was even less than it was before. Because specie payments were in suspension, the small quantities of silver dollars struck during the conflict were almost exclusively the province of bullion depositors seeking coinage for use overseas. Since the silver dollar seldom saw domestic use, only a small number were taken up by the nascent numismatic community; the few active coin collectors of the era preferred to order Proofs instead. Such is the case for the 27,200 circulation strike silver dollars coined at the Philadelphia Mint in 1863. The coins were produced in four distinct batches from an unknown number of dies: 3,800 pieces on March 9; 1,400 on March 26; 15,400 on April 10, and finally 6,600 coins on November 22.
A razor-sharp strike on this uncirculated example with silver-gray centers with splashes of blue-violet patina toward the periphery, the reverse displays a similar pattern in olive-brown. Although it has smooth, hairline free, satiny surfaces, it was likely net graded to CH AU. With the outbreak of the Civil War, confidence in paper currency was even less than it was before. Because specie payments were in suspension, the small quantities of silver dollars struck during the conflict were almost exclusively the province of bullion depositors seeking coinage for use overseas. Since the silver dollar seldom saw domestic use, only a small number were taken up by the nascent numismatic community; the few active coin collectors of the era preferred to order Proofs instead. Such is the case for the 27,200 circulation strike silver dollars coined at the Philadelphia Mint in 1863. The coins were produced in four distinct batches from an unknown number of dies: 3,800 pieces on March 9; 1,400 on March 26; 15,400 on April 10, and finally 6,600 coins on November 22.
This near gem is sharply struck with a natural patina compliments of a Wayte Raymond album. The pristine surfaces display apricot and lavender colored toning. This wartime issue enjoys strong demand from numismatists and Civil War collectors. Usually comes sharply struck with some die striations and satiny luster. All examples, especially high- grade specimens with original surfaces are rare. A perfect example of a beautiful and naturally toned seated dollar with superb eye appeal. Ex-W. Earl Spies With the outbreak of the Civil War, confidence in paper currency was even less than it was before. Because specie payments were in suspension, the small quantities of silver dollars struck during the conflict were almost exclusively the province of bullion depositors seeking coinage for use overseas. Since the silver dollar seldom saw domestic use, only a small number were taken up by the nascent numismatic community; the few active coin collectors of the era preferred to order Proofs instead. Such is the case for the 27,200 circulation strike silver dollars coined at the Philadelphia Mint in 1863.
This near gem is sharply struck with a natural patina compliments of a Wayte Raymond album. The pristine surfaces display apricot and lavender colored toning. This wartime issue enjoys strong demand from numismatists and Civil War collectors. Usually comes sharply struck with some die striations and satiny luster. All examples, especially high- grade specimens with original surfaces are rare. A perfect example of a beautiful and naturally toned seated dollar with superb eye appeal. Ex-W. Earl Spies With the outbreak of the Civil War, confidence in paper currency was even less than it was before. Because specie payments were in suspension, the small quantities of silver dollars struck during the conflict were almost exclusively the province of bullion depositors seeking coinage for use overseas. Since the silver dollar seldom saw domestic use, only a small number were taken up by the nascent numismatic community; the few active coin collectors of the era preferred to order Proofs instead. Such is the case for the 27,200 circulation strike silver dollars coined at the Philadelphia Mint in 1863.
This stunning original example received a plus grade for its exceptional eye-appeal. Stored for decades in a mid-west collection the golden-gray obverse toning is framed with magnificent bands of vibrant blue-green peripheral color. The reverse rims display the same blue-green toning with a few splashes in the fields. Direct lighting calls forth golden-gray undertones, and allows full appreciation of satiny mint luster. Both sides are remarkably smooth with no hairlines or notable marks. The strike is razor sharp throughout, and there is only a touch of friction on isolated obverse high points. Popular as a Civil War era issue, the circulation strike 1864 has a mintage of 30,700 pieces with survivors scarce to rare in all grades. The limited mintage can be explained by the fact that, although production at the Comstock was increasing (it amounted to nearly $9 million in 1863), bullion dealers still had to rely on imports or foreign coins in domestic circulation (primarily Mexican dollars) to obtain most of their silver. Without an abundance of domestically mined silver, there was little need for bullion depositors to turn to the Mint to coin excess silver into dollars to use in the export trade. Of course, those dollars that were struck in 1864, as in other years in the Liberty Seated series, were exported and subsequently melted. Problem-free About Uncirculated survivors, rare in an absolute sense, are particularly challenging to locate with original surfaces.
This stunning original example received a plus grade for its exceptional eye-appeal. Stored for decades in a mid-west collection the golden-gray obverse toning is framed with magnificent bands of vibrant blue-green peripheral color. The reverse rims display the same blue-green toning with a few splashes in the fields. Direct lighting calls forth golden-gray undertones, and allows full appreciation of satiny mint luster. Both sides are remarkably smooth with no hairlines or notable marks. The strike is razor sharp throughout, and there is only a touch of friction on isolated obverse high points. Popular as a Civil War era issue, the circulation strike 1864 has a mintage of 30,700 pieces with survivors scarce to rare in all grades. The limited mintage can be explained by the fact that, although production at the Comstock was increasing (it amounted to nearly $9 million in 1863), bullion dealers still had to rely on imports or foreign coins in domestic circulation (primarily Mexican dollars) to obtain most of their silver. Without an abundance of domestically mined silver, there was little need for bullion depositors to turn to the Mint to coin excess silver into dollars to use in the export trade. Of course, those dollars that were struck in 1864, as in other years in the Liberty Seated series, were exported and subsequently melted. Problem-free About Uncirculated survivors, rare in an absolute sense, are particularly challenging to locate with original surfaces.
A superb example from an old-time collection where it was stored in an envelope and naturally acquired beautiful multicolored toning over several decades. The combination of remarkable surface quality, original skin, and appealing natural surfaces, make this a premium quality civil war survivor. With a low mintage this wartime issue enjoys strong demand from numismatists and Civil War collectors. Usually comes well struck with some die striations and good luster. The circulation strike 1864 has a mintage of 30,700 pieces making survivors rare in all grades. The limited mintage can be explained by the fact that, although production at the Comstock was increasing (it amounted to nearly $9 million in 1863), bullion dealers still had to rely on imports or foreign coins in domestic circulation (primarily Mexican dollars) to obtain most of their silver. Without an abundance of domestically mined silver, there was little need for bullion depositors to turn to the Mint to coin excess silver into dollars to use in the export trade. Of course, those dollars that were struck in 1864, as in other years in the Liberty Seated series, were exported and subsequently melted. Problem-free Mint State survivors are rare in an absolute sense, and are particularly challenging to locate with original surfaces.
A superb example from an old-time collection where it was stored in an envelope and naturally acquired beautiful multicolored toning over several decades. The combination of remarkable surface quality, original skin, and appealing natural surfaces, make this a premium quality civil war survivor. With a low mintage this wartime issue enjoys strong demand from numismatists and Civil War collectors. Usually comes well struck with some die striations and good luster. The circulation strike 1864 has a mintage of 30,700 pieces making survivors rare in all grades. The limited mintage can be explained by the fact that, although production at the Comstock was increasing (it amounted to nearly $9 million in 1863), bullion dealers still had to rely on imports or foreign coins in domestic circulation (primarily Mexican dollars) to obtain most of their silver. Without an abundance of domestically mined silver, there was little need for bullion depositors to turn to the Mint to coin excess silver into dollars to use in the export trade. Of course, those dollars that were struck in 1864, as in other years in the Liberty Seated series, were exported and subsequently melted. Problem-free Mint State survivors are rare in an absolute sense, and are particularly challenging to locate with original surfaces.
Light almond-gold toning graces this scarce Civil War Seated dollar. Field marks are minor and the luster is above average. Although the strike is tad weak in the centers the eye-appeal is very nice. (OGH)
Light almond-gold toning graces this scarce Civil War Seated dollar. Field marks are minor and the luster is above average. Although the strike is tad weak in the centers the eye-appeal is very nice. (OGH)
A magnificent example covered with fully natural lavender and blue toning. A small planchet flaw touches two points of star thirteen. There are no clear signs of wear which supports my opinion that this stunning example never circulated. A perfect example of a beautiful and naturally toned seated dollar with exceptional eye appeal. During the Reconstruction period, silver dollars continued their use as a trade coin rather than in domestic commerce. The statutory weight of the silver coinage remained at its original 1840 standard and was higher than the equivalent minor coinage. Some Liberty Seated dollars did see use at home though this was largely in the Western states, in particular the Carson City Mint issues. One of the lasting effects of the Civil War was the 1864 adoption of the motto "In God We Trust" on the nation's coinage. In 1861 when the nation's morale was at a low point, Reverend M.R. Watkinson of Ridleyville, Pennsylvania petitioned Secretary of the Treasury Salmon P. Chase urging the placement of a motto acknowledging "Almighty God in some form in our coins." Chase received this petition positively and instructed the director of the Mint to create designs and prepare patterns with various versions of the motto that he could take to Congress. On April 22, 1864, Congress passed a law that specified the addition of IN GOD WE TRUST on the newly created two-cent coin. On March 3, 1865, the Congress passed further legislation to authorize the placement of the motto on all silver and gold coins of sufficient size. The motto first appeared on the silver dollar in 1866, and remained for every subsequent issue.
A magnificent example covered with fully natural lavender and blue toning. A small planchet flaw touches two points of star thirteen. There are no clear signs of wear which supports my opinion that this stunning example never circulated. A perfect example of a beautiful and naturally toned seated dollar with exceptional eye appeal. During the Reconstruction period, silver dollars continued their use as a trade coin rather than in domestic commerce. The statutory weight of the silver coinage remained at its original 1840 standard and was higher than the equivalent minor coinage. Some Liberty Seated dollars did see use at home though this was largely in the Western states, in particular the Carson City Mint issues. One of the lasting effects of the Civil War was the 1864 adoption of the motto "In God We Trust" on the nation's coinage. In 1861 when the nation's morale was at a low point, Reverend M.R. Watkinson of Ridleyville, Pennsylvania petitioned Secretary of the Treasury Salmon P. Chase urging the placement of a motto acknowledging "Almighty God in some form in our coins." Chase received this petition positively and instructed the director of the Mint to create designs and prepare patterns with various versions of the motto that he could take to Congress. On April 22, 1864, Congress passed a law that specified the addition of IN GOD WE TRUST on the newly created two-cent coin. On March 3, 1865, the Congress passed further legislation to authorize the placement of the motto on all silver and gold coins of sufficient size. The motto first appeared on the silver dollar in 1866, and remained for every subsequent issue.
Superb proof-like surfaces covered with blazing apricot toning and a touch of purple at the rims. The mark free surfaces, luster, and original skin combine to produce exception eye-appeal. An absolutely gorgeous naturally toned example, one of my favorites. (PQ)
Superb proof-like surfaces covered with blazing apricot toning and a touch of purple at the rims. The mark free surfaces, luster, and original skin combine to produce exception eye-appeal. An absolutely gorgeous naturally toned example, one of my favorites. (PQ)
A magnificent example with beautiful natural lavender toning that deepens at the rims. My friend Norman Pullen sold this coin to Jim Gray in 1989. The pristine surfaces and original skin combine to produce exceptional eye appeal. A perfect example of a beautiful and naturally toned seated dollar. Both sides are layered in beautiful gray-lavender with blushes of deep blue-green color here and there around the obverse periphery. The reverse is fully Mint State, while the obverse exhibits perhaps the lightest touch of high point rub and a few light marks in the obverse right field. One could certainly make a case for a Mint State grade. In terms of eye-appeal this example exceeds many others that have been certified Mint State. The 1868 is the first silver dollar issue since 1860 with a circulation strike mintage of more than 100,000 coins. Domestic production was continuing to increase, and by the late 1860s had reached a point where bullion brokers had greater need to deposit silver with the Mint for coinage into dollars. On the other hand, the fact that the slightly heavier Mexican dollar continued to be favored by Chinese merchants explains why only 162,100 silver dollars were struck in 1868. In a familiar scenario for the Liberty Seated dollar series, these coins were exported, and most were melted overseas. Circulated survivors are very scarce, but because the six-figure mintage is higher than those of the preceding issues back through 1861, just how challenging this issue is to locate is lost on most numismatists. Highly underrated with the quality and outstanding eye appeal of this example.
A magnificent example with beautiful natural lavender toning that deepens at the rims. My friend Norman Pullen sold this coin to Jim Gray in 1989. The pristine surfaces and original skin combine to produce exceptional eye appeal. A perfect example of a beautiful and naturally toned seated dollar. Both sides are layered in beautiful gray-lavender with blushes of deep blue-green color here and there around the obverse periphery. The reverse is fully Mint State, while the obverse exhibits perhaps the lightest touch of high point rub and a few light marks in the obverse right field. One could certainly make a case for a Mint State grade. In terms of eye-appeal this example exceeds many others that have been certified Mint State. The 1868 is the first silver dollar issue since 1860 with a circulation strike mintage of more than 100,000 coins. Domestic production was continuing to increase, and by the late 1860s had reached a point where bullion brokers had greater need to deposit silver with the Mint for coinage into dollars. On the other hand, the fact that the slightly heavier Mexican dollar continued to be favored by Chinese merchants explains why only 162,100 silver dollars were struck in 1868. In a familiar scenario for the Liberty Seated dollar series, these coins were exported, and most were melted overseas. Circulated survivors are very scarce, but because the six-figure mintage is higher than those of the preceding issues back through 1861, just how challenging this issue is to locate is lost on most numismatists. Highly underrated with the quality and outstanding eye appeal of this example.
This near gem displays absolutely pristine surfaces covered with multicolored patina. From the same old-time collection as my 1861, both of these coins were stored in 2”x2” envelopes for many decades. Superb eye appeal and a perfect example of a beautiful and naturally toned seated dollar. Usually comes well struck with satiny luster, and occasionally with proof-like surfaces. The 1868 is the first silver dollar issue since 1860 with a circulation strike mintage of more than 100,000 coins. Domestic production was continuing to increase, and by the late 1860s had reached a point where bullion brokers had greater need to deposit silver with the Mint for coinage into dollars. On the other hand, the fact that the slightly heavier Mexican dollar continued to be favored by Chinese merchants explains why only 162,100 silver dollars were struck in 1868. In a familiar scenario for the Liberty Seated dollar series, these coins were exported, and most were melted overseas. Circulated survivors are very scarce, but because the six-figure mintage is higher than those of the preceding issues back through 1861, just how challenging this issue is to locate is lost on most numismatists. Underrated with the quality and outstanding eye appeal of this example.
This near gem displays absolutely pristine surfaces covered with multicolored patina. From the same old-time collection as my 1861, both of these coins were stored in 2”x2” envelopes for many decades. Superb eye appeal and a perfect example of a beautiful and naturally toned seated dollar. Usually comes well struck with satiny luster, and occasionally with proof-like surfaces. The 1868 is the first silver dollar issue since 1860 with a circulation strike mintage of more than 100,000 coins. Domestic production was continuing to increase, and by the late 1860s had reached a point where bullion brokers had greater need to deposit silver with the Mint for coinage into dollars. On the other hand, the fact that the slightly heavier Mexican dollar continued to be favored by Chinese merchants explains why only 162,100 silver dollars were struck in 1868. In a familiar scenario for the Liberty Seated dollar series, these coins were exported, and most were melted overseas. Circulated survivors are very scarce, but because the six-figure mintage is higher than those of the preceding issues back through 1861, just how challenging this issue is to locate is lost on most numismatists. Underrated with the quality and outstanding eye appeal of this example.
Attractive deep lavender toning with burnt orange and green surrounding the devices, stars, and date. Satiny in finish and lustrous with sharp striking detail and a few light marks. Purchased from the Jim Gray collection. The circulation strike 1869 silver dollar is a curious issue the backstory for which has been debated by numismatic scholars. What is certain is that a mintage of 423,700 pieces represents a significant increase over the Mint's yearly silver dollar output from 1861 through 1868. Opinions differ, however, as to the why of this sudden increase. Two opposing views are presented by Q. David Bowers in his 1993 Silver Dollars and Trade Dollars of the United States: A Complete Encyclopedia:"[John M.] Willem states that the Mexican peso fell out of favor with Chinese merchants (due to a new tax in Mexico), and that the large business strike coinage of Liberty Seated dollars from 1869 onward was accomplished to provide coins for export to take advantage of the situation. However, opinions differ on this (see immediately below)."The following is by R.W. Julian:"' The heavy coinage of silver dollars in the late 1860s can be shown to be the result of another imbalance in trade for silver. Prior to about 1868 the U.S. usually exported more silver than it produced and imported and there was little need for a dollar coinage. After that time, however, there was no other place for the excess silver to go and it was therefore coined into dollars, even though they did not circulate. It was a practical way to store silver with a readily known and guaranteed value. That some of these dollars did go to the Orient I again have no doubt, but I think that there was less than 25,000 annually and perhaps considerably less considering the ready availability of silver ingots in any purity desired.'”
Attractive deep lavender toning with burnt orange and green surrounding the devices, stars, and date. Satiny in finish and lustrous with sharp striking detail and a few light marks. Purchased from the Jim Gray collection. The circulation strike 1869 silver dollar is a curious issue the backstory for which has been debated by numismatic scholars. What is certain is that a mintage of 423,700 pieces represents a significant increase over the Mint's yearly silver dollar output from 1861 through 1868. Opinions differ, however, as to the why of this sudden increase. Two opposing views are presented by Q. David Bowers in his 1993 Silver Dollars and Trade Dollars of the United States: A Complete Encyclopedia:"[John M.] Willem states that the Mexican peso fell out of favor with Chinese merchants (due to a new tax in Mexico), and that the large business strike coinage of Liberty Seated dollars from 1869 onward was accomplished to provide coins for export to take advantage of the situation. However, opinions differ on this (see immediately below)."The following is by R.W. Julian:"' The heavy coinage of silver dollars in the late 1860s can be shown to be the result of another imbalance in trade for silver. Prior to about 1868 the U.S. usually exported more silver than it produced and imported and there was little need for a dollar coinage. After that time, however, there was no other place for the excess silver to go and it was therefore coined into dollars, even though they did not circulate. It was a practical way to store silver with a readily known and guaranteed value. That some of these dollars did go to the Orient I again have no doubt, but I think that there was less than 25,000 annually and perhaps considerably less considering the ready availability of silver ingots in any purity desired.'”
Well struck with blue-green and rose-gold toning on both sides. Several obverse reed marks limit the grade. Nice eye-appeal. Usually well struck with frosty luster.
Well struck with blue-green and rose-gold toning on both sides. Several obverse reed marks limit the grade. Nice eye-appeal. Usually well struck with frosty luster.
An undeniably original example with a purple and blue obverse center that changes to gold around the date and stars. The golden colored reverse displays beautiful light lavender highlights when tilted under a light. Both sides of this beautiful and naturally toned specimen are sharp and remarkably free of marks. Similar to the number minted for the 1869, the circulation strike mintage for the 1870 amounted to an unusually large (by Liberty Seated dollar standards) total of 415,000 pieces. These were struck at the request of bullion depositors, and many were used in the export trade to the Orient, where they were subsequently melted. Since enough examples have survived to make the 1870 one of the more common Liberty Seated issues in an absolute sense, an unusually large number of examples must have been retained in the United States. Common date status or not, of course, all circulation strike Liberty Seated dollar issues are scarce, if not rare, in problem-free and fully original Choice AU condition.
An undeniably original example with a purple and blue obverse center that changes to gold around the date and stars. The golden colored reverse displays beautiful light lavender highlights when tilted under a light. Both sides of this beautiful and naturally toned specimen are sharp and remarkably free of marks. Similar to the number minted for the 1869, the circulation strike mintage for the 1870 amounted to an unusually large (by Liberty Seated dollar standards) total of 415,000 pieces. These were struck at the request of bullion depositors, and many were used in the export trade to the Orient, where they were subsequently melted. Since enough examples have survived to make the 1870 one of the more common Liberty Seated issues in an absolute sense, an unusually large number of examples must have been retained in the United States. Common date status or not, of course, all circulation strike Liberty Seated dollar issues are scarce, if not rare, in problem-free and fully original Choice AU condition.
Deep purple and gold toning subdues the obverse luster. The multi-colored reverse toning is spectacular, displaying a lustrous vibrant orange-gold and purple patina. A wonderful example of a beautiful and naturally toned with motto seated dollar. Usually available in circulated grades, occasional weakness on the hair and star centrals.
Deep purple and gold toning subdues the obverse luster. The multi-colored reverse toning is spectacular, displaying a lustrous vibrant orange-gold and purple patina. A wonderful example of a beautiful and naturally toned with motto seated dollar. Usually available in circulated grades, occasional weakness on the hair and star centrals.
Naturally toned, smooth, and hairline free surfaces on this the first of the Carson City issues. The medium silver-gray obverse center deepens to charcoal at the periphery. Sharply defined overall with a smooth appearance that is both uncommonly natural and problem free for an about circulated CC-Mint Liberty Seated dollar of any date. Likely stored in a leather pouch the proof-like reverse is covered with thick glossy black toning. While the patina is too dark for many it has the most natural unmolested surfaces of any CH AU example I have seen. The 1870-CC enjoys strong demand as the first, the most common, and the most affordable dollar minted in Carson City. Strikes range from moderate to sharp, sometimes displaying weakness on the hair detail, central areas, and star centrals. The 1870-CC is a historic issue that ranks among the most popular in the Liberty Seated silver dollar series. It is the first coin of any denomination produced in the Carson City Mint, and one of only four CC-Mint dollars in the Liberty Seated series. It is also the most obtainable CC-Mint Liberty Seated dollar and, thus, is desirable not only with Carson City Mint and Liberty Seated specialists, but also with mint-marked type collectors. The relative availability of this issue is due to two factors. First, the 1870-CC as an issue saw regional distribution and domestic circulation, primarily in Nevada's mining regions. This is different from most circulation strike Liberty Seated dollar issues, which were primarily used in the export trade. Second, the historical significance of the first Carson City Mint issue was such that many 1870-CC dollars were set aside as keepsakes or used as pocket pieces by Nevada citizens and others with an interest in the Mint's activities. Yet even so, survivors from the mintage of 12,462 pieces are scarce in an absolute sense and rare relative to market demand. Most examples were eventually melted and, as with all Liberty Seated dollar issues, fully original and problem-free examples are particularly elusive in all grades. Many have been dipped or cleaned, while others are damaged due to rough handling, likely beginning with those who originally obtained them as keepsakes or pocket pieces.
Naturally toned, smooth, and hairline free surfaces on this the first of the Carson City issues. The medium silver-gray obverse center deepens to charcoal at the periphery. Sharply defined overall with a smooth appearance that is both uncommonly natural and problem free for an about circulated CC-Mint Liberty Seated dollar of any date. Likely stored in a leather pouch the proof-like reverse is covered with thick glossy black toning. While the patina is too dark for many it has the most natural unmolested surfaces of any CH AU example I have seen. The 1870-CC enjoys strong demand as the first, the most common, and the most affordable dollar minted in Carson City. Strikes range from moderate to sharp, sometimes displaying weakness on the hair detail, central areas, and star centrals. The 1870-CC is a historic issue that ranks among the most popular in the Liberty Seated silver dollar series. It is the first coin of any denomination produced in the Carson City Mint, and one of only four CC-Mint dollars in the Liberty Seated series. It is also the most obtainable CC-Mint Liberty Seated dollar and, thus, is desirable not only with Carson City Mint and Liberty Seated specialists, but also with mint-marked type collectors. The relative availability of this issue is due to two factors. First, the 1870-CC as an issue saw regional distribution and domestic circulation, primarily in Nevada's mining regions. This is different from most circulation strike Liberty Seated dollar issues, which were primarily used in the export trade. Second, the historical significance of the first Carson City Mint issue was such that many 1870-CC dollars were set aside as keepsakes or used as pocket pieces by Nevada citizens and others with an interest in the Mint's activities. Yet even so, survivors from the mintage of 12,462 pieces are scarce in an absolute sense and rare relative to market demand. Most examples were eventually melted and, as with all Liberty Seated dollar issues, fully original and problem-free examples are particularly elusive in all grades. Many have been dipped or cleaned, while others are damaged due to rough handling, likely beginning with those who originally obtained them as keepsakes or pocket pieces.
Beautiful apple-green, walnut-brown, and ruby-red natural toning embraces this lightly circulated problem-free with motto dollar. A superb example of this common date that displays uncommon eye appeal. Although the 1872 has a slightly higher mintage (1,105,500 vs. 1,073,800 pieces), the 1871 is the most common Liberty Seated dollar in circulated grades. Most examples were exported to the Orient and subsequently melted, but many remained stateside and account for most coins in collectors hands. Survivors are almost universally unattractive due to extensive wear or, more often, impairment through cleaning, damage and/or other problems. Even many coins in straight-graded EF and AU holders have been dipped and no longer retain their original surfaces. Premium quality AU examples with full originality, as here, are surprisingly scarce, far more so than most collectors realize.
Beautiful apple-green, walnut-brown, and ruby-red natural toning embraces this lightly circulated problem-free with motto dollar. A superb example of this common date that displays uncommon eye appeal. Although the 1872 has a slightly higher mintage (1,105,500 vs. 1,073,800 pieces), the 1871 is the most common Liberty Seated dollar in circulated grades. Most examples were exported to the Orient and subsequently melted, but many remained stateside and account for most coins in collectors hands. Survivors are almost universally unattractive due to extensive wear or, more often, impairment through cleaning, damage and/or other problems. Even many coins in straight-graded EF and AU holders have been dipped and no longer retain their original surfaces. Premium quality AU examples with full originality, as here, are surprisingly scarce, far more so than most collectors realize.
Rich olive and gray with traces of soft blue and russet clinging to the stars and devises. The reverse displays gold, orange, and brown toning. Mark-free surfaces with subdued original luster. The first of only two issues in the series with a mintage over 1 million coins. Available in all grades below MS-64 it is usually well struck with occasional weakness in the star centrals.
Rich olive and gray with traces of soft blue and russet clinging to the stars and devises. The reverse displays gold, orange, and brown toning. Mark-free surfaces with subdued original luster. The first of only two issues in the series with a mintage over 1 million coins. Available in all grades below MS-64 it is usually well struck with occasional weakness in the star centrals.
The 1871-CC is the second of only four Liberty Seated dollar issues struck at the Carson City Mint. With only 1,376 pieces produced it has the lowest mintage in this highly select group, although it is not the rarest. Attractive natural deep gray surfaces exhibit gorgeous golden brown, blue, and iridescent toning on both sides. The surfaces are exceptionally smooth and free of imperfections. I was taken with this example when it appeared at auction in early 2009, but was unable to acquire it at that time. Several years later she reappeared, feeling very fortunate to have a second opportunity the purchase was made without hesitation. An undisputed key date that is truly rare in all grades. Finding a problem free example with natural surfaces in any grade is very difficult. The vast majority of these coins saw extensive circulation in the heady economic days in and around Carson City. Survivors of the 1871-CC are rare, when encountered they are typically well worn, if not also impaired. Carson City Mint expert Rusty Goe provided an estimate of just 100 to 120 coins extant in all grades in his commentary in the August 2012 sale of the Battle Born Collection.
The 1871-CC is the second of only four Liberty Seated dollar issues struck at the Carson City Mint. With only 1,376 pieces produced it has the lowest mintage in this highly select group, although it is not the rarest. Attractive natural deep gray surfaces exhibit gorgeous golden brown, blue, and iridescent toning on both sides. The surfaces are exceptionally smooth and free of imperfections. I was taken with this example when it appeared at auction in early 2009, but was unable to acquire it at that time. Several years later she reappeared, feeling very fortunate to have a second opportunity the purchase was made without hesitation. An undisputed key date that is truly rare in all grades. Finding a problem free example with natural surfaces in any grade is very difficult. The vast majority of these coins saw extensive circulation in the heady economic days in and around Carson City. Survivors of the 1871-CC are rare, when encountered they are typically well worn, if not also impaired. Carson City Mint expert Rusty Goe provided an estimate of just 100 to 120 coins extant in all grades in his commentary in the August 2012 sale of the Battle Born Collection.
A beautiful combination of purple, blue, green, and gold toning appear on this colorful example. A common date displaying an array of natural colors from natures palette that combine to produce exceptional eye appeal. Available in all grades below MS-64 it is well struck, with occasional weakness in the hair detail, and star centrals. As the second of only two issues in the series with a mintage over 1 million coins the 1872 enjoys a good rate of survival.
A beautiful combination of purple, blue, green, and gold toning appear on this colorful example. A common date displaying an array of natural colors from natures palette that combine to produce exceptional eye appeal. Available in all grades below MS-64 it is well struck, with occasional weakness in the hair detail, and star centrals. As the second of only two issues in the series with a mintage over 1 million coins the 1872 enjoys a good rate of survival.
The 1872 is the second of only two issues in the series with a mintage over 1 million coins. A natural toning pattern displays a rose-gold obverse center that darkens at the periphery. The reverse toning is golden-brown with several areas of blue-gray. Available in all grades below MS-64 this example is well struck. Occasional seen with weakness in the hair detail, and star centrals.
The 1872 is the second of only two issues in the series with a mintage over 1 million coins. A natural toning pattern displays a rose-gold obverse center that darkens at the periphery. The reverse toning is golden-brown with several areas of blue-gray. Available in all grades below MS-64 this example is well struck. Occasional seen with weakness in the hair detail, and star centrals.
With a mintage of only 3,150 coins this key date is very rare in CH AU with original surfaces. Sharply struck with beautiful deep navy/olive colored toning on both sides. Just a touch of high point wear is evident under the natural patina. A glorious example of a beautiful and naturally toned seated dollar with great eye appeal. Repeating a standard scenario for early gold and silver issues from this coinage facility, the 1872-CC dollars were routinely released into local and regional commerce. Some were likely shipped to China, where there was a great appetite for silver metal. In his cataloging the August 2012 sale of the Battle Born Collection, Carson City Mint expert Rusty Goe estimates that 250 to 300 exist today in all grades, with only 16 to 19 in Mint State.
With a mintage of only 3,150 coins this key date is very rare in CH AU with original surfaces. Sharply struck with beautiful deep navy/olive colored toning on both sides. Just a touch of high point wear is evident under the natural patina. A glorious example of a beautiful and naturally toned seated dollar with great eye appeal. Repeating a standard scenario for early gold and silver issues from this coinage facility, the 1872-CC dollars were routinely released into local and regional commerce. Some were likely shipped to China, where there was a great appetite for silver metal. In his cataloging the August 2012 sale of the Battle Born Collection, Carson City Mint expert Rusty Goe estimates that 250 to 300 exist today in all grades, with only 16 to 19 in Mint State.
With a mintage of only 3,150 coins this key date is very rare in CH AU with original surfaces. Sharply struck, the obverse displays proof-like reflectivity framed by beautiful blue peripheral toning. Just a touch of high point wear is evident under the natural patina. A glorious example of a beautiful and naturally toned seated dollar that appeared in 1/1984 auction of the Amon G. Carter collection. Easily identified by a raised mound in the lower right obverse field. Repeating a standard scenario for early gold and silver issues from this coinage facility, the 1872-CC dollars were routinely released into local and regional commerce. Some were likely shipped to China, where there was a great appetite for silver metal. In his cataloging the August 2012 sale of the Battle Born Collection, Carson City Mint expert Rusty Goe estimates that 250 to 300 exist today in all grades, with only 16 to 19 in Mint State.
With a mintage of only 3,150 coins this key date is very rare in CH AU with original surfaces. Sharply struck, the obverse displays proof-like reflectivity framed by beautiful blue peripheral toning. Just a touch of high point wear is evident under the natural patina. A glorious example of a beautiful and naturally toned seated dollar that appeared in 1/1984 auction of the Amon G. Carter collection. Easily identified by a raised mound in the lower right obverse field. Repeating a standard scenario for early gold and silver issues from this coinage facility, the 1872-CC dollars were routinely released into local and regional commerce. Some were likely shipped to China, where there was a great appetite for silver metal. In his cataloging the August 2012 sale of the Battle Born Collection, Carson City Mint expert Rusty Goe estimates that 250 to 300 exist today in all grades, with only 16 to 19 in Mint State.
The 1872-S is the only collectible San Francisco Mint Liberty Seated dollar of the With Motto type. This date enjoys strong demand as one of only three issues struck at the San Francisco mint. The 1870-S is a legendary rarity with only 12 examples accounted for is priced well beyond the reach of most collectors. Mottled purple and blue toning on both sides. The reverse is spectacular with luster that brings the toning alive. The mark free surfaces and original skin combine to produce exception eye appeal. A wonderful example of a beautiful and wholly original Liberty Seated dollar with a great provenance. Most examples were the victims of the three primary sources of attribution for silver dollars of this type: export, melting, and domestic circulation. First and foremost, many 1872-S silver dollars were likely exported. With San Francisco a popular port of embarkation for silver dollars bound for the Orient, it is likely that many of the coins produced at the city's nearby mint were quick to depart for foreign shores. By 1872 the Liberty Seated dollar had long functioned as a trade dollar; it was not until the following year that the federal government authorized a coin specifically for that purpose. Other examples were likely destroyed through melting when the Act of February 12, 1873, abolished the standard silver dollar. Finally, some 1872-S silver dollars almost certainly found their way into circulation after autumn 1876 upon the resumption of payments in coins rather than notes. These circulated coins account for most examples available to today's collectors. The vast majority of high-grade examples have been dipped and many display surface hairlines. Most examples are very well struck and often slightly proof-like. Ex-Norweb/Share
The 1872-S is the only collectible San Francisco Mint Liberty Seated dollar of the With Motto type. This date enjoys strong demand as one of only three issues struck at the San Francisco mint. The 1870-S is a legendary rarity with only 12 examples accounted for is priced well beyond the reach of most collectors. Mottled purple and blue toning on both sides. The reverse is spectacular with luster that brings the toning alive. The mark free surfaces and original skin combine to produce exception eye appeal. A wonderful example of a beautiful and wholly original Liberty Seated dollar with a great provenance. Most examples were the victims of the three primary sources of attribution for silver dollars of this type: export, melting, and domestic circulation. First and foremost, many 1872-S silver dollars were likely exported. With San Francisco a popular port of embarkation for silver dollars bound for the Orient, it is likely that many of the coins produced at the city's nearby mint were quick to depart for foreign shores. By 1872 the Liberty Seated dollar had long functioned as a trade dollar; it was not until the following year that the federal government authorized a coin specifically for that purpose. Other examples were likely destroyed through melting when the Act of February 12, 1873, abolished the standard silver dollar. Finally, some 1872-S silver dollars almost certainly found their way into circulation after autumn 1876 upon the resumption of payments in coins rather than notes. These circulated coins account for most examples available to today's collectors. The vast majority of high-grade examples have been dipped and many display surface hairlines. Most examples are very well struck and often slightly proof-like. Ex-Norweb/Share
The 1872-S is the only collectible San Francisco Mint Liberty Seated dollar of the With Motto type. This date enjoys strong demand as one of only three issues struck at the San Francisco mint. The 1870-S is a legendary rarity with only 12 examples accounted for, it’s priced well beyond the reach of most collectors. A wonderful example of a beautiful and wholly original liberty seated dollar. Apricot colored toning with lavender and blue/green areas on both sides. The luster illuminates the multicolored toning and the smooth surfaces are free from all but a few trivial marks. Most examples were the victims of the three primary sources of attribution for silver dollars of this type: export, melting, and domestic circulation. First and foremost, many 1872-S silver dollars were likely exported. With San Francisco a popular port of embarkation for silver dollars bound for the Orient, it is likely that many of the coins produced at the city's nearby mint were quick to depart for foreign shores. By 1872 the Liberty Seated dollar had long functioned as a trade dollar; it was not until the following year that the federal government authorized a coin specifically for that purpose. Other examples were likely destroyed through melting when the Act of February 12, 1873, abolished the standard silver dollar. Finally, some 1872-S silver dollars almost certainly found their way into circulation after autumn 1876 upon the resumption of specie payments. These circulated coins account for most examples available to today's collectors. The vast majority of high-grade examples have been dipped and many display surface hairlines. Most examples are very well struck and often slightly proof-like.
The 1872-S is the only collectible San Francisco Mint Liberty Seated dollar of the With Motto type. This date enjoys strong demand as one of only three issues struck at the San Francisco mint. The 1870-S is a legendary rarity with only 12 examples accounted for, it’s priced well beyond the reach of most collectors. A wonderful example of a beautiful and wholly original liberty seated dollar. Apricot colored toning with lavender and blue/green areas on both sides. The luster illuminates the multicolored toning and the smooth surfaces are free from all but a few trivial marks. Most examples were the victims of the three primary sources of attribution for silver dollars of this type: export, melting, and domestic circulation. First and foremost, many 1872-S silver dollars were likely exported. With San Francisco a popular port of embarkation for silver dollars bound for the Orient, it is likely that many of the coins produced at the city's nearby mint were quick to depart for foreign shores. By 1872 the Liberty Seated dollar had long functioned as a trade dollar; it was not until the following year that the federal government authorized a coin specifically for that purpose. Other examples were likely destroyed through melting when the Act of February 12, 1873, abolished the standard silver dollar. Finally, some 1872-S silver dollars almost certainly found their way into circulation after autumn 1876 upon the resumption of specie payments. These circulated coins account for most examples available to today's collectors. The vast majority of high-grade examples have been dipped and many display surface hairlines. Most examples are very well struck and often slightly proof-like.
Natures art work created a colorful patina that is a visual delight. The multicolored toning includes apricot, lavender, blues, and greens. Liberty’s head and stars 7-10 show slight weakness, a typical trait for this date. A perfect example of a beautiful and naturally toned seated dollar. The final circulation strike silver dollar of the Liberty Seated design type from the Philadelphia Mint, the 1873 is underrated compared to the 1871 and 1872. Standard silver dollar coinage was halted on March 29, 1873, pursuant to the terms of the Act of February 12, 1873, which abolished the standard silver dollar. By that time only 293,000 circulation strikes from 1873-dated dies had been produced, once again at the request of bullion depositors taking advantage of their last opportunities to exchange their silver for standard dollars. The coins circulated little in the United States, and, as most were exported, the government decided instead to produce the heavier-weight Trade Dollar, which, it was thought, would be more accepted in international commerce. Regardless of whether the coins were exported or remained stateside melting played the most significant role in reducing the extant population to only 350 to 500 coins. This estimate is per Q. David Bowers (2016), who observes, "These are much scarcer than the mintage might suggest."
Natures art work created a colorful patina that is a visual delight. The multicolored toning includes apricot, lavender, blues, and greens. Liberty’s head and stars 7-10 show slight weakness, a typical trait for this date. A perfect example of a beautiful and naturally toned seated dollar. The final circulation strike silver dollar of the Liberty Seated design type from the Philadelphia Mint, the 1873 is underrated compared to the 1871 and 1872. Standard silver dollar coinage was halted on March 29, 1873, pursuant to the terms of the Act of February 12, 1873, which abolished the standard silver dollar. By that time only 293,000 circulation strikes from 1873-dated dies had been produced, once again at the request of bullion depositors taking advantage of their last opportunities to exchange their silver for standard dollars. The coins circulated little in the United States, and, as most were exported, the government decided instead to produce the heavier-weight Trade Dollar, which, it was thought, would be more accepted in international commerce. Regardless of whether the coins were exported or remained stateside melting played the most significant role in reducing the extant population to only 350 to 500 coins. This estimate is per Q. David Bowers (2016), who observes, "These are much scarcer than the mintage might suggest."
Well struck with lavender-gray centers framed by purple, blue, and green peripheral toning. The mark free surfaces and original skin combine to produce exception eye-appeal. The finest MS-62 example I have seen, a perfect example of a beautiful and naturally toned seated dollar, one of my favorites. The final year of issue, strikes often display slight weakness on the hair detail, star centrals, the eagle’s upper right-wing, and leg feathers.
Well struck with lavender-gray centers framed by purple, blue, and green peripheral toning. The mark free surfaces and original skin combine to produce exception eye-appeal. The finest MS-62 example I have seen, a perfect example of a beautiful and naturally toned seated dollar, one of my favorites. The final year of issue, strikes often display slight weakness on the hair detail, star centrals, the eagle’s upper right-wing, and leg feathers.
An undisputed key date with a mintage of only 2,300, it is the rarest of the four Carson City issues. It is thought that many were melted when the silver dollar was replaced by the Trade dollar later that year. Slight weakness is sometimes seen on Liberty and the star centrals. Finding a problem free example with natural surfaces in any grade is very difficult. Decades of searching elapsed before finding this wonderful well struck example with a bold liberty, deep gunmetal-gray surfaces, and surprisingly few marks. Rusty Goe: By the end of the first month of 1873, Carson Mint workers had executed 27,000 coins, 1,000 of which were standard silver dollars, with the Liberty Seated design, which the government had officially issued for the past 33 years. An additional 1,300 silver dollars were struck shortly thereafter, apparently on February 13, 1873. These would be the last of the date and type coined in Carson City. Of greater significance than the actual mintage figure is whether depositors received any of those 1873-CC silver dollars. Congress had already passed the Coinage Act of 1873 and as a result, silver dollars were abolished. Many numismatists have conjectured that the Carson Mint melted most of those obsolete 1873-CC silver dollars in compliance with the Coinage Act, which took effect on April 1, 1873. The 1873-CC has a lower extant population than its mates from 1870, 1871 and 1872, but still, the survival rate is higher than most Carson City coins from the same era. Based on the estimated survival population, possibly four to five percent of the original mintage of 1873-CC silver dollars exists -- which still ranks it as slightly scarcer than its lower-mintage counterpart from 1871. An interesting story that originated in the 1970s might account for the provenance of at least two and maybe three of the extant Mint State 1873-CC Seated dollars. Reno coin dealer Frank Roza Jr. told how a construction worker brought in an old Prince Edward tobacco can to his satellite coin shop in Carson City. When Roza opened the can, he saw a handful of "CC" coins dated 1872 and 1873, and some Nevada-related items. Roza was amazed to discover that three of the coins were 1873-CC Seated dollars, all in Uncirculated condition -- or maybe two Mint State pieces and one AU specimen. The construction worker told Roza he had found the treasure trove stashed inside a wall at the Nevada State Museum (the old Carson City Mint), where he was working on a renovation job.
An undisputed key date with a mintage of only 2,300, it is the rarest of the four Carson City issues. It is thought that many were melted when the silver dollar was replaced by the Trade dollar later that year. Slight weakness is sometimes seen on Liberty and the star centrals. Finding a problem free example with natural surfaces in any grade is very difficult. Decades of searching elapsed before finding this wonderful well struck example with a bold liberty, deep gunmetal-gray surfaces, and surprisingly few marks. Rusty Goe: By the end of the first month of 1873, Carson Mint workers had executed 27,000 coins, 1,000 of which were standard silver dollars, with the Liberty Seated design, which the government had officially issued for the past 33 years. An additional 1,300 silver dollars were struck shortly thereafter, apparently on February 13, 1873. These would be the last of the date and type coined in Carson City. Of greater significance than the actual mintage figure is whether depositors received any of those 1873-CC silver dollars. Congress had already passed the Coinage Act of 1873 and as a result, silver dollars were abolished. Many numismatists have conjectured that the Carson Mint melted most of those obsolete 1873-CC silver dollars in compliance with the Coinage Act, which took effect on April 1, 1873. The 1873-CC has a lower extant population than its mates from 1870, 1871 and 1872, but still, the survival rate is higher than most Carson City coins from the same era. Based on the estimated survival population, possibly four to five percent of the original mintage of 1873-CC silver dollars exists -- which still ranks it as slightly scarcer than its lower-mintage counterpart from 1871. An interesting story that originated in the 1970s might account for the provenance of at least two and maybe three of the extant Mint State 1873-CC Seated dollars. Reno coin dealer Frank Roza Jr. told how a construction worker brought in an old Prince Edward tobacco can to his satellite coin shop in Carson City. When Roza opened the can, he saw a handful of "CC" coins dated 1872 and 1873, and some Nevada-related items. Roza was amazed to discover that three of the coins were 1873-CC Seated dollars, all in Uncirculated condition -- or maybe two Mint State pieces and one AU specimen. The construction worker told Roza he had found the treasure trove stashed inside a wall at the Nevada State Museum (the old Carson City Mint), where he was working on a renovation job.
Brilliant and lustrous surfaces on this example of the toughest business strike from the Philadelphia mint. Typical strike exhibiting slight weakness on the eagle's claws, top of the wing, and Liberty's hair. The top of the O in OF is repunched in the dentils. (CAC)
Brilliant and lustrous surfaces on this example of the toughest business strike from the Philadelphia mint. Typical strike exhibiting slight weakness on the eagle's claws, top of the wing, and Liberty's hair. The top of the O in OF is repunched in the dentils. (CAC)
A beautiful example of this scarce Carson City DDR. The luster radiates through the natural toning. Awarded and well deserving of a plus for her outstanding eye appeal and original skin. (PQ) (CAC)
A beautiful example of this scarce Carson City DDR. The luster radiates through the natural toning. Awarded and well deserving of a plus for her outstanding eye appeal and original skin. (PQ) (CAC)