Coin Specifications

Category: Seated Liberty Dollars (1840-1873)
Mint: Philadelphia
Mintage: 300
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $21.45 (5/17/2021)
Diameter: 38.1mm
Edge: Reeded
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1858 $1 PF obverse 1858 $1 PF reverse
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Description & Analysis

Though a number of circulated 1858 silver dollars are known, including one that's worn nearly slick, all were coined as proofs. Why no currency strikes were produced has never been satisfactorily explained. It's remotely possible that Mint Director James R. Snowden was trying to encourage proofs sales, these being advertised to the public for the first time that year. It's clear that he anticipated big results from this development, and the Mint struck more proofs than were purchased during the years 1858-60. The silver dollar was an exception to poor sales, as the lack of any circulating counterpart made this a hot ticket item.

It's estimated that about 275 originals were coined, along with another 35 restrikes made shortly thereafter. As a proof-only issue, the survival rate for this date is much higher than for years in which both MS and PF coins were struck. Nevertheless, it is always in high demand, with the great majority of survivors falling below the gem level. Perhaps due to the higher than usual mintage, some of these proofs are of lesser quality than that seen on the dates immediately preceding, with the result that only a small proportion display enough contrast to be certified as Cameo.

Two die marriage are known, both coined using a single obverse die that was repolished between press runs, resulting in three verified die states. This die was paired with the reverse used to coin proofs dated 1856-57, as well as some restrikes of earlier years. The obverse was used also in conjunction with the reverse die of 1859, which is likewise seen on back-dated restrikes. Determining exactly which examples are originals and which restrikes is muddied a bit by the repolishing given the obverse die, so the exact population of one versus the other is uncertain.

GRADE SUMMARY

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Price Guide

Last Updated: 6/24/2019

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

1858 $1 PF
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - 8250 8500 9750 10000 11000 12000 14000 19000 42500 50000 - - - -
$ - - - - - - - - - - 45000 - - -
1858 $1 PF CA
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - 12500 - 25500 46500 - - - - -
$ - - - - - - - - - 29000 52500 - - -

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: 75
Low Grade: PrAg
Average Grade: 62
High Grade: 66

The chart showing PrAg series, G series, VG series, 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, 67 series.
NGC CENSUS DETAIL Last Updated: 5/11/2021 1858 $1 PF
 PrAgGVGFVF4045505355586061626364656667686970Total
Base1-------234399191254----71
-----------------------
-----------------------
-----------------------
Total1-------234399191254----71
 1%-------3%4%6%4%13%13%27%17%7%6%---- 
1858 $1 PF CA
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------------31-----4
-----------------------
---------------11-1---3
-----------------------
Total---------------42-1---7
 ---------------57%29%-14%--- 

NGC Registry

NGC Registry Score 1858 $1 PF CA
 PrAgGVGFVF4045505355586061626364656667686970
Base333333332233288536013984415743814575547671447704102554471681568134561
33333337462450312337284041423144454875603273308554217425700099232141289
00000037462450312337284041423144454875603273308554217425700000
000000314892667336238564099430645105175658875179404332296928400
1858 $1 PF UC
 PrAgGVGFVF4045505355586061626364656667686970
Base3333333323353009374741414319455047485675738679601057146230843201
333333378025593255387842004396461650576245757788302245758926843201
00000037802559325538784200439646165057624575778830224575892600
000000315572784350140094259447346825366681577689700343437162300
1858 $1 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333212427543447381739844202438952646886743199184309978631134561
33333337102334298535703872405642644680580470678260209785494397274141289
00000037102334298535703872405642644680580470678260209785494300
000000314172544321636933928412943264972634572499089320386678700
Registry Image Gallery
Grade: PF 67 CAMEO
Points: 21742
Owner: Simpson
 
Grade: PF 65
Points: 6886
Owner: mr cool
 
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.