Coin Specifications

Category: Seated Liberty Dollars (1840-1873)
Mint: Philadelphia
Mintage: 217,600
Catalog: KM-71
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $15.09 (8/30/2014)
Diameter: 38.1mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1860 S$1 MS obverse 1860 S$1 MS reverse


  
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There are no varieties for this coin.

Description & Analysis

Seated Liberty dollars of 1860 were apparently intended mainly for use in the export trade to China, where many were melted. In his Silver Dollars and Trade Dollars of the United States, David Bowers writes:

'They never were available from the Mint at face value, and all were paid out at $1.08 each to bullion dealers, banks, and others who fed them into the Orient trade. A small percentage of the mintage (217,600 business strikes) circulated domestically after the resumption of specie payments in autumn 1876.'

Bowers also indicates that there was little interest in business strike Seated dollars during this time period. Collectors desiring date sequences of dollars were satisfied with Philadelphia Mint proofs.

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: 12/16/2013

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

1860 S$1 MS
  GVGFVF4045505355586061626364656667686970
Base $ 275 325 430 550 750 750 1200 1400 1775 1900 2250 2450 3200 5600 8450 77500 102000 130000 - - -
$ 825 1440 1550 1975 2100 2450 2650 3550 6100 11500 84000 112000 140000 -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 114
Low Grade: F
Average Grade: 60
High Grade: 67


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 64   Heritage Auctions Long Beach Bullet #100, 100/Lot# 316 $4,950.00
4/2/1997 PCGS XF 45   Teletrade Auction 0933, 933/Lot# 1563 $463.25
2/20/2005 PCGS MS 62   Goldberg February 20-23, 2005 Pre-Long Beach Coin Auction, 28/Lot# 1709 $2,990.00
6/1/2006 NGC MS 65   Heritage Auctions 2006 June Long Beach Signature Auction #408, 408/Lot# 2071 $20,700.00
10/9/2006 NGC AU 58   Prooflike David Lawrence Rare Coins Internet Auction # 108, 113/Lot# 1496 $1,207.50
3/15/2007 NGC MS 64   Heritage Auctions 2007 ANA Charlotte National Money Show Auction, Presented by Robert Korver #432, 432/Lot# 928 $4,312.50
3/31/2011 NGC AU 50   Stack's Bowers The March 2011 Baltimore Auction, 83/Lot# 3282 $1,437.50
1/3/2012 NGC MS 64   Heritage Auctions 2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando Session(2), 1166/Lot# 3817 $7,475.00
5/11/2014 NGC   GreatCollections GreatCollections Coin Auctions 05/11/2014, 179/Lot# 192028 $378.15


NGC Registry

NGC Registry Score 1860 S$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base34505156318209419971051117312481355142117992233256138007077900711754215583340152316
1524715536948609591015109111981283137715471943234229744892772099221502225505397060
000000101510911198128313771547194323422974489277209922150222550500
0000001033113212231319139916732088245133875984836310838182902945300
1860 S$1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base348455167487410011059111512431322143315021895234526863966734093221213722247343971
163506592740916102010771157126913591456163320452458311250908000102601550726297343970
0000001077115712691359145616332045245831125090800010260155072629700
0000001096120012951396147917642195257235396215866111198188773034700
Registry Image Gallery
Grade: MS 67
Points: 11754
Owner: Tradedollarnut
 
Grade: AU 55
Points: 1248
Owner: G & R coins
 
View the Registry Image Gallery

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