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: $12.97 (5/29/2015)
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 NGC 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: 12/8/2014

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

1863 S$1 MS
  GVGFVFXF5053555861626364656667686970
Base $ 700 1050 1275 1475 1900 2300 2550 2800 3250 4300 5250 6850 17500 75000 120000 140000 - - -
$ 2100 2450 2750 3000 3500 4700 5650 7500 22000 82500 - - -

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: 80
Low Grade: G
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
10/18/1999 PCGS MS 63   Teletrade Auction 1224, 1224/Lot# 1732 $3,959.00
2/20/2005 PCGS XF 45   Goldberg February 20-23, 2005 Pre-Long Beach Coin Auction, 28/Lot# 1720 $1,265.00
9/10/2007 NGC MS 64   David Lawrence Rare Coins Monday - Internet Auction # 176, 182/Lot# 773 $11,500.00
10/27/2010 NGC XF 40   Heritage Auctions 2010 October Stamford Coinfest Signature US Coin Auction #1145, 1145/Lot# 3798 $1,150.00
8/15/2011 NGC MS 63   Stack's Bowers The August 2011 Chicago ANA World's Fair of Money Auction, 115/Lot# 10567 $4,600.00
7/14/2013 PCGS Genuine XF   GreatCollections GreatCollections Coin Auctions 07/14/2013, 83/Lot# 125827 $578.60
11/9/2014 PCGS Genuine PR   Heritage Auctions Internet Coin Auction Session(1), 131446/Lot# 25377 $129.25
1/7/2015 NGC MS 64   Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(3), 1216/Lot# 5341 $8,812.50


NGC Registry

NGC Registry Score 1863 S$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base1233127115831865202922332335251026712781303333653564390243196473110471293713606142341528218901
124613751677192020972267239325642708286531443431367740415037799811677131601381514583164880
00000023932564270828653144343136774041503779981167713160138151458300
00000024522617274429493254349837894180575595221230713383140251493300
Registry Image Gallery

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