SILVER DOLLAR 1840-1865 Liberty Seated
Description
It seems that in later years, this Dollar held a little more of its value than did other coins of the era. Most other coins began to shrink in size and weight, yet this coin maintained its total weight and actually had more than twice the silver than did many of the Half Dollars of the same period.
The Liberty Seated style was first produced for large-scale circulating coinage in 1840. The obverse depicts Miss Liberty seated on a rock, holding in her left hand a liberty cap on a pole and with her right hand holding a shield inscribed LIBERTY. Thirteen stars are above, and the date is below. The reverse shows an eagle perched on an olive branch and holding three arrows, with UNITED STATES OF AMERICA above and HALF DOL. below.
The years, 1852, and 1858 designated as major rarities. More common issues are readily available in grades from Very Good through Extremely Fine, with most survivors being in Fine to Very Fine grade. As silver dollars were not circulated as extensively as other denominations, few are seen in grades below Very Good. AU coins are available, as are Uncirculated pieces, particularly 1859-0 and 1860-0 in the latter category Superb Uncirculated pieces are rarities. Proofs were first distributed to collectors in 1858 and are available from that date through 1865.
Valuation
- COIN NAME
- SILVER DOLLAR 1840-1865 Liberty Seated
- DESIGNED BY
- Christian Gobrecht
- ISSUE DATE
- 1840-1865
- COMPOSITION
- 0.900 part silver, 0.100 part copper
- DIAMETER
- 38.1 mm
- WEIGHT
- 412.5 grains
- EDGE
- Reeded
- BUS MINT
- 2,890,563
- PROOF MINT
- Fewer than 5,500
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