Coin Specifications

Category: Seated Liberty Dollars (1840-1873)
Mint: New Orleans
Mintage: 360,000
Catalog: KM-71
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $13.26 (10/2/2014)
Diameter: 38.1mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1859 O S$1 MS obverse 1859 O S$1 MS reverse


  
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Description & Analysis

The New Orleans Mint delivered a sizeable total of 360,000 Seated Dollars in 1859. Unlike its similarly dated P-mint counterpart, the '59-O does not appear to have been exported in significant numbers. Rather, the majority of the mintage probably saw domestic circulation in the South, but whether this was before the Civil War or during the mid to late 1870s is still a matter of conjecture. Suffice it to say that the 1859-O is a common coin in all circulated grades, and a popular issue among type collectors.

Prior to the Treasury releases of the early 1960s, the 1859-O was a scarce, yet not rare coin in Mint State. By 1964, however, at least three 1,000-coin bags of Mint State 1859-O Seated Dollars had emerged from Treasury Department vaults and found their way into the hands of the public.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 7/30/2014

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

1859 O S$1 MS
  GVGFVF4045505355586061626364656667686970
Base $ 260 325 375 470 650 650 940 1050 1160 1650 2250 2400 2950 5350 8750 77500 - - - - -
$ 775 1040 1150 1275 1800 2450 2650 3250 6000 14000 - - - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 593
Low Grade: PrAg
Average Grade: 55
High Grade: 65


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
2/3/1993 PCGS MS 60   Heritage Auctions Long Beach Bullet #100, 100/Lot# 315 $797.50
6/2/1997 PCGS AU 58   Teletrade Auction 0950, 950/Lot# 1637 $545.00
1/31/2010 PCGS MS 61   Goldberg January 31 - February 3, 2010 Pre-Long Beach Coin and Currency Auction, 57/Lot# 1195 $1,955.00
9/4/2011 PCGS Genuine Genuine   Bonhams Coins and Medals, 19251/Lot# 1040 $351.00
9/25/2013 NGC AU 58   Heritage Auctions 2013 September 25 - 29 US Coins Signature Auction - Long Beach Session(2), 1189/Lot# 4052 $998.75
12/22/2013 PCGS MS 64   David Lawrence Rare Coins Internet Auction # 783, 792/Lot# 659 $7,500.00
2/23/2014 PCGS AU 50   GreatCollections GreatCollections Coin Auctions 02/23/2014, 182/Lot# 167566 $1,265.00
5/25/2014 NGC XF 40   Stack's Bowers iAuction 3483, 6032/Lot# 22410 $493.50


NGC Registry

NGC Registry Score 1859 O S$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base33954235025977058911051117312481355142117992233254941727543900711754229613601257036
133404449533633767944109111981283137715471943233830905295803199221548927311430200
00000094410911198128313771547194323383090529580319922154892731100
000000997113212231319139916732088244336316419851910838192253166100
Registry Image Gallery
Grade: XF 45
Points: 891
Owner: ddr70
 
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