Coin Specifications

Category: Seated Liberty Dollars (1840-1873)
Mint: New Orleans
Mintage: 59,000
Catalog: KM-71
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $11.31 (7/31/2015)
Diameter: 38.1mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1846 O S$1 MS obverse 1846 O S$1 MS reverse


  
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VarietyPlus®

There are no NGC varieties for this coin.

Description & Analysis

The New Orleans Mint opened its doors as a coinage facility in 1838. The impressive building, which is still standing near the city's French Quarter, was designed by William Strickland. The cornerstone was laid in September 1835, and the first coins, Seated Half Dimes and Dimes, rolled off the presses in 1838. The Mint's initial delivery of business strike Reeded Edge Half Dollar followed in 1839, and the first Seated Quarters emerged from the presses in 1840. Production of Silver Dollars in the Crescent City, however, would have to wait until 1846, when the New Orleans Mint delivered 59,000 coins. Some numismatists believe that the P-mint Silver Dollars of the 1840s may have been widely exported. Regardless of whether or not this is true, it seems likely that the '46-O delivery was intended for domestic circulation throughout the South. New Orleans was the principal port on the Mississippi River at the time, and many examples were also distributed to other parts of the country via that waterway and its tributaries.

The relative availability of 1846-O Seated Dollars in grades below XF suggest, first, that most coins remained within the United States, and, second, that this issue saw widespread circulation. Locating an attractive, problem-free XF or AU representative is challenging, and desirable Mint State specimens are virtually unknown.

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.

1846 O S$1 MS
  GVGFVFXF5053555861626364656667686970
Base $ 305 375 440 525 1050 1600 1900 2900 4050 8500 13250 22000 55000 200000 - - - - -
$ 1150 1800 2150 3250 4500 9500 14750 26500 - - - - -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Census

 
NGC GRADE SUMMARY

Total Graded: 174
Low Grade: PrAg
Average Grade: 50
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
2/20/2005 PCGS MS 62   Goldberg February 20-23, 2005 Pre-Long Beach Coin Auction, 28/Lot# 1676 $12,650.00
4/27/2005 PCGS VG 8   Teletrade Auction 2032, 2032/Lot# 1622 $264.00
1/3/2012 PCGS XF 40   Heritage Auctions 2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando Session(10), 1166/Lot# 11565 $920.00
11/17/2013 NGC Details XF Details  GreatCollections GreatCollections Coin Auctions 11/17/2013, 101/Lot# 127510 $522.50
3/30/2014 PCGS AU 53   David Lawrence Rare Coins Internet Auction # 797, 806/Lot# 139 $2,050.00
4/14/2014 PCGS XF 45   Stack's Bowers iAuction 3477, 6026/Lot# 20374 $1,160.90
6/23/2014 NGC F 12   Stack's Bowers iAuction 3487, 6036/Lot# 20324 $376.00
3/31/2015 PCGS VF 20   Stack's Bowers March 2015 Baltimore, 6065/Lot# 33244 $505.25


NGC Registry

NGC Registry Score 1846 O S$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base8028299491051117317531843219724012960346746564817579270779918152521593516641173701858222748
8118699831092136617831961226525873129386347105142622080241169615480161701688417774199710
000000196122652587312938634710514262208024116961548016170168841777400
000000207923332774329842604763546766498971134741570716406171271817800
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