Coin Specifications

Category: Seated Liberty Dollars (1840-1873)
Mint: Philadelphia
Mintage: 94,000
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $20.12 (4/21/2021)
Diameter: 38.1mm
Edge: Reeded
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1857 $1 MS obverse 1857 $1 MS reverse
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Description & Analysis

The Philadelphia Mint's production of silver dollars rose about 50% over that of 1856, yet the 1857 dollar is the rarer of these two dates. Co-authors Osburn/Cushing have estimated surviving populations of 600 and 400, respectively. It's known that American traders were purchasing silver dollars for export during the late 1850s, most of these coins going to the lucrative Far East market. It may be that most of 1857's production was shipped overseas and melted into bars after arrival.

Two die marriages are known for the currency strikes. The first of these, OC-1, employed an obverse die used previously to coin proofs. It was then paired with a non-proof reverse die, and examples from this marriage are very scarce. The majority of currency 1857 silver dollars known today are from OC-2, which utilized a different pair of dies from which no proofs were coined.

Though Mint State examples certainly are not common, a higher than usual percentage are choice or gem. Most suffer from weakness on the obverse, but a few, very rare well struck pieces are known. Some Mint State 1857 dollars are frosty, but this issue has a greater proportion of semi-prooflike pieces than for most dates in the series.

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.

1857 $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 600 700 1000 1600 2950 3500 3750 4350 4650 5000 5250 5500 7750 14000 70000 100000 - - - -
$ - - - - 4800 - - 6000 - 17000 80000 - - -

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: 85
Low Grade: F
Average Grade: 61
High Grade: 66

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, 65 series, 66 series.
NGC CENSUS DETAIL Last Updated: 4/20/2021 1857 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---2213235918111115-3----76
---------------1------1
----------1----1------2
-----------------------
Total---22132351018111117-3----79
 ---3%3%1%4%3%4%6%13%1%10%14%14%22%-4%---- 
1857 $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------------1341-----9
-----------------------
-------------1--------1
-----------------------
Total-------------2341-----10
 -------------20%30%40%10%----- 

NGC Registry

NGC Registry Score 1857 $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base996102812461363164921972302262828072885321634673639411151587138112941184212409129961397617370
1007110112851458183222322411268828332995330035243796446058188523114771203112605133231510718239
00000024112688283329953300352437964460581885231147712031126051332300
00000025192747285931063383358239544809647899091165912220128001364900
1857 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base996102812461363164921972302262828072885321634673639411151587138112941184212409129961397617370
1007110112851458183222322411268828332995330035243796446058188523114771203112605133231510718239
00000024112688283329953300352437964460581885231147712031126051332300
00000025192747285931063383358239544809647899091165912220128001364900
Registry Image Gallery
Grade: MS 64
Points: 7138
Owner: mr cool
 
Grade: MS 63
Points: 5158
Owner: kathy&barry
 
View the Registry Image Gallery

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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.