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: $12.98 (3/31/2015)
Diameter: 38.1mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1863 S$1 MS obverse 1863 S$1 MS reverse

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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.


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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
Base $ 700 1050 1275 1475 1900 1900 2300 2550 2800 3250 3800 4300 5250 6850 17500 75000 120000 140000 - - -
$ 2100 2450 2750 3000 3500 4100 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.

NGC Price and Value Guides Disclaimer



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.

Auction House
Sale / Lot
8/7/1996 PCGS XF 45   Teletrade Auction 0865, 865/Lot# 1620 $572.25
2/20/2005 PCGS XF 45   Goldberg February 20-23, 2005 Pre-Long Beach Coin Auction, 28/Lot# 1720 $1,265.00
2/20/2005 PCGS MS 62   Goldberg February 20-23, 2005 Pre-Long Beach Coin Auction, 28/Lot# 1719 $4,887.50
5/27/2009 PCGS MS 62   Heritage Auctions 2009 May Long Beach, CA Signature US Coin Auction #1125, 1125/Lot# 957 $3,737.50
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
2/17/2013 PCGS VG 8   David Lawrence Rare Coins Internet Auction # 739, 748/Lot# 278 $1,075.00
7/11/2013 PCGS XF 45   Heritage Auctions 2013 July 11 - 14 US Coins Signature Auction - Orlando Session(4), 1187/Lot# 5084 $5,875.00
7/14/2013 PCGS Genuine XF   GreatCollections GreatCollections Coin Auctions 07/14/2013, 83/Lot# 125827 $578.60
3/20/2014 NGC XF 40   Heritage Auctions 2014 March 20 The Collection of Donald E. Bently - Bently Foundation US Coins Signature Auction - San Francisco Session(1), 1205/Lot# 30102 $3,172.50

NGC Registry

NGC Registry Score 1863 S$1 MS
Registry Image Gallery

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