Coin Specifications

Category: Seated Liberty Dollars (1840-1873)
Mint: Philadelphia
Mintage: 27,200
Catalog: KM-71
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $15.96 (7/28/2014)
Diameter: 38.1mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1863 S$1 MS obverse 1863 S$1 MS reverse


  
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VarietyPlus®

There are no varieties for this coin.

Description & Analysis

Only 27,200 business-strike Seated Liberty dollars were minted in 1863, along with 460 proof examples. Civil War hoarding caused the government to suspend specie payments, and most of the small mintage was struck on private account for depositors of silver bullion. Banks, bullion dealers, and merchants also purchased coins at a premium, for use in foreign trade. Walter Breen stated most silver dollars of the era were 'exported to Latin American and East Indian ports.' The combination of low mintage and high exportation rate resulted in a minuscule supply of 1863 dollars available for numismatic purposes. The date is scarce in all grades today, and Mint State examples are rare. Q. David Bowers estimates perhaps 275-400 coins survive in circulated grades, with approximately 50-90 specimens extant in Mint State. At the Gem level, Bowers believes only 8-12 pieces are known. We believe those estimates significantly higher than the actual survival rate.

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.

1863 S$1 MS
  GVGFVF4045505355586061626364656667686970
Base $ 600 875 1175 1375 1650 1650 2075 2350 2550 3050 3800 4300 5250 6600 17500 75000 105000 130000 - - -
$ 1800 2275 2575 2750 3300 4100 4700 5650 7250 22000 82500 115000 140000 -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 80
Low Grade: G
Average Grade: 60
High Grade: 67


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
8/9/2014 AU 55   Heritage Auctions 2014 August 5, 7 & 9 ANA US Coins Signature Auction - Chicago Session(3), 1208/Lot# 4656


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
8/17/1996 NGC MS 64   Heritage Auctions 1996 ANA Signature Sale #163, 163/Lot# 8010 $7,700.00
2/20/2005 PCGS XF 45   Goldberg February 20-23, 2005 Pre-Long Beach Coin Auction, 28/Lot# 1720 $1,265.00
1/6/2010 PCGS MS 65   Heritage Auctions 2010 January Orlando, FL FUN US Coin Auction #1136, 1136/Lot# 2600 $57,500.00
8/15/2011 NGC MS 60   Stack's Bowers The August 2011 Chicago ANA World's Fair of Money Auction, 115/Lot# 3067 $3,162.50
10/30/2011 PCGS VG 8   Teletrade Auction 3163, 3163/Lot# 2433 $625.00
2/17/2013 PCGS VG 8   David Lawrence Rare Coins Internet Auction # 739, 748/Lot# 278 $1,075.00
7/14/2013 PCGS Genuine XF   GreatCollections GreatCollections Coin Auctions 07/14/2013, 83/Lot# 125827 $578.60
9/25/2013 PCGS VF 20   Heritage Auctions 2013 September 25 - 29 US Coins Signature Auction - Long Beach Session(2), 1189/Lot# 4071 $2,291.25


NGC Registry

NGC Registry Score 1863 S$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base350267474586599012711505178519492169230224952860328150716685900711754226543463253584
16955969778590610831349159818392022221323662616300038775609745999221538726646409490
000000134915981839202222132366261630003877560974599922153872664600
0000001427169118942095225724302738314044746147823310838190203063900
Registry Image Gallery

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