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SILVER DOLLAR 1866-1873 With Motto

Front - SILVER DOLLAR 1866-1873 With Motto Back - SILVER DOLLAR 1866-1873 With Motto

Description

Surprisingly, these Liberty Seated Dollars are more rare in Good or Very Good grades than they are in Fine to Very Fine. By this time, Silver Dollars did not circulate as well as coins of smaller denomination. Consequently all are scarce although lesser grades, of the more scarce variety, are not necessarily more valuable The Liberty Seated dollar design was modified in 1866 by the addition of the motto IN GOD WE TRUST on the ribbon or scroll above the eagle on the reverse. Otherwise the design is essentially the same as that used from 1840 onward. The with-motto format continued in use through 1873.

Extremely Fine pieces are available, AU coins are scarce, and Uncirculated pieces are scarcer yet. Superb Uncirculated coins are rarities. Proofs were made of all Philadelphia Mint issues and exist today in proportion to their original mintages.

Valuation

Mintages were very low compared to what was ahead for the Morgan Dollar in 1878. All grades are scarce and remain rare. If you find one don't let the worn appearance fool you into believing the coin is less rare than higher graded coins.
COIN NAME
SILVER DOLLAR 1866-1873 With Motto
DESIGNED BY
Christian Gobrecht
ISSUE DATE
1866-1873
COMPOSITION
0.900 part silver, 0.100 part copper
DIAMETER
38.1 nun
WEIGHT
412.5 grains
EDGE
Reeded
BUS MINT
3,597,888
PROOF MINT
6,060

The statements made on this website are opinions only. Past results are no guarantee of future performance or returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. Lear Capital, Inc. cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. Lear is a retail seller of precious metals and its buyback (or bid) prices are lower than its sell (or ask) prices. Metals must appreciate enough to account for this difference in order for customer to make a profit when liquidating the metals. Lear does not provide financial advice or retirement planning services. The decision to purchase or sell precious metals, and which precious metals to purchase or sell, are the customer’s decision alone, and purchases and sales should be made subject to the customer’s own research, prudence and judgment.