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: $11.01 (12/1/2015)
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 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.


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Price Guide

Last Updated: 9/22/2015

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

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

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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
5/5/2000 NGC MS 64   Heritage Auctions 2000 Central States Sale #226, 226/Lot# 5016 $5,750.00
5/5/2004 PCGS AU 58   Heritage Auctions 2004 May (CSNS) Signature Sale #346, 346/Lot# 8028 $1,840.00
2/20/2005 PCGS XF 45   Goldberg February 20-23, 2005 Pre-Long Beach Coin Auction, 28/Lot# 1720 $1,265.00
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
2/7/2013 NGC XF 40   Heritage Auctions 2013 February 7 -8 & 10 US Coin Signature Auction - Long Beach Session(1), 1182/Lot# 3606 $1,645.00
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

NGC Registry

NGC Registry Score 1863 S$1 MS
Registry Image Gallery

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