Coin Specifications

Category: Seated Liberty Dollars (1840-1873)
Mint: Philadelphia
Mintage: 7,500
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $21.49 (5/17/2021)
Diameter: 38.1mm
Edge: Reeded
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1850 $1 MS obverse 1850 $1 MS reverse
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Description & Analysis

The discovery of vast gold deposits in California in 1848-49 drove down the price of that metal in relation to silver, and for the next few years the bullion value United States silver coins was higher than their face value. This almost certainly accounts for the low mintages of 1850-52. The 7,500 pieces coined at the Philadelphia Mint represent the smallest production since the series' inception in 1840.

Even so, this date is not as rare as its mintage suggests, with Osburn and Cushing estimating a total population of 400 pieces. Though few examples are seen in grades below Very Fine, an indication of quite limited circulation, a fair number survive in the higher circulated grades and lower Mint State grades. Gems are unknown for this issue. Most unworn coins are semi-prooflike, which is understandable given how little use the dies saw. In fact, just a single die pair produced the 1850(P) silver dollars, and its reverse was still serviceable after previously having struck pieces dated 1848 and 1849. The numeral 0 is repunched on the obverse die, but as the only one employed it does not qualify as a variety.

GRADE SUMMARY

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Price Guide

Last Updated: 1/15/2020

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

1850 $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 635 750 1300 2150 2850 3150 3700 4250 5250 6250 6500 6750 14250 39000 - - - - - -
$ - - - - - - - - 19500 - - - - -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 115
Low Grade: F
Average Grade: 55
High Grade: 64

The chart showing F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series.
NGC CENSUS DETAIL Last Updated: 5/11/2021 1850 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---17414671232412663------114
--------------1-------1
-----------------------
-----------------------
Total---17414671232412673------115
 ---1%6%3%12%5%6%10%28%3%10%5%6%3%------ 
1850 $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------1-----------1
-----------------------
-----------------------
-----------------------
Total----------1-----------1
 ----------100%----------- 

NGC Registry

NGC Registry Score 1850 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base1025105912461477216124952614303331723486393543754539515861698631119701254213134137461476718298
1036112113231705227225352754307932773636408244304745549569909744121611273913338140861594419213
00000027543079327736364082443047455495699097441216112739133381408600
000000289331263381378542284484495258327810108571235112937135421442700
Registry Image Gallery
Grade: MS 63
Points: 6990
Owner: Hagop
 
Grade: MS 63
Points: 6169
Owner: Hugh Stiel Rare Coins
 
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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.