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: $12.61 (4/18/2015)
Diameter: 38.1mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1860 S$1 MS obverse 1860 S$1 MS reverse


  
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VarietyPlus®

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: 12/8/2014

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

1860 S$1 MS
  GVGFVFXF5053555861626364656667686970
Base $ 285 325 430 550 750 1300 1500 1975 2150 2700 3200 5600 9350 77500 105000 130000 - - -
$ 850 1450 1650 2100 2300 2900 3550 6100 11750 84000 - - -

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: 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
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
10/9/2006 NGC AU 58   Prooflike David Lawrence Rare Coins Internet Auction # 108, 113/Lot# 1496 $1,207.50
4/27/2011 NGC AU 55   Heritage Auctions 2011 April Rosemont CSNS Signature & Platinum Night US Coin Auction Session(1), 1154/Lot# 3859 $1,725.00
2/28/2012 PCGS   Stack's Bowers The March 2012 Baltimore Auction, 135/Lot# 8072 $632.50
9/25/2013 PCGS AU 50   Heritage Auctions 2013 September 25 - 29 US Coins Signature Auction - Long Beach Session(2), 1189/Lot# 4058 $1,997.50
2/3/2014 PCGS Genuine Genuine   Heritage Auctions 2014 February 3 - 5 US Coins Signature Auction - New York Session(2), 1202/Lot# 4019 $763.75
4/27/2014 PCGS XF 45   GreatCollections GreatCollections Coin Auctions 04/27/2014, 173/Lot# 188269 $913.00


NGC Registry

NGC Registry Score 1860 S$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base7477748651036120614501531188620482319240126142727310340164805111721237813281138991492818486
756804922109312871477164919402138234624722652285234074279692711574126791348714242161140
00000016491940213823462472265228523407427969271157412679134871424200
00000017681994222923742543268929783712454290501197612980136931458500
1860 S$1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base7968269211100127815311617198521542434251927402857324741905003115411277513700143321538419021
806858981115913621560174020412247246225932779298735614461718211952130831391114683165960
00000017402041224724622593277929873561446171821195213083139111468300
00000018622098234124912666281831173876473293621236413392141211503300
Registry Image Gallery
Grade: MS 67
Points: 13281
Owner: Tradedollarnut
 
Grade: AU 55
Points: 2319
Owner: G & R coins
 
View the Registry Image Gallery

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