Coin Specifications

Category: Seated Liberty Dollars (1840-1873)
Mint: New Orleans
Mintage: 360,000
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $20.15 (4/16/2021)
Diameter: 38.1mm
Edge: Reeded
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1859 O $1 MS obverse 1859 O $1 MS reverse
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Description & Analysis

After a hiatus of nine years for this denomination, the New Orleans Mint coined a generous number of silver dollars in 1859. Unlike their Philadelphia cousins, which have a very low surviving population, the 1859-O dollars remain plentiful by series standards. Some 2000 or more pieces remained idle within Treasury vaults at or near Mint State when the speculative drawdown of silver dollars that began in the late 1950s finally reached these bags in the early '60s. These coins, though unworn, typically display numerous contact marks that suggest they were re-bagged and moved about repeatedly over the 100 years of their sequestration.

Since the South always welcomed silver dollars in circulation, it's not surprising that well worn pieces are also known today. In fact, this issue is generally available across all grades short of the gem MS level. Most coins seen are quite well struck, and the 1859-O makes for an ideal type coin of the No Motto series.

Two obverse dies were paired in various combinations with three reverse dies for a total of four die marriages. These vary widely in their survival rates, but without any particularly interesting features there is little interest in collecting this date/mint by varieties.

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.

1859 O $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 300 350 445 515 700 825 900 1050 1280 1800 2000 2300 4350 6000 47500 - - - - -
$ - - - - - - 2125 3200 5250 13000 - - - -

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: 722
Low Grade: PrAg
Average Grade: 55
High Grade: 65

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.
NGC CENSUS DETAIL Last Updated: 4/13/2021 1859 O $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base3121818563256304757783910411037221-----720
-----------------------
----------1-2--3------6
-----------------------
Total3121818563256304757793910611037251-----726
 0%2%2%2%8%4%8%4%6%8%11%5%15%15%5%3%0%----- 
1859 O $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------11---------2
-----------------------
-----------------------
-----------------------
Total-----------11---------2
 -----------50%50%--------- 

NGC Registry

NGC Registry Score 1859 O $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base719745865949109513331477164917531852223326142699298539354876111721171612278128611383317202
728785893998117413811534168417861979236026422794330242496975113531190312472131851495618062
00000015341684178619792360264227943302424969751135311903124721318500
00000015921718181921062487267128903618456290731153512091126671350900
Registry Image Gallery
Grade: MS 61
Points: 2699
Owner: Jerry A. Lambright
 
Grade: MS 61
Points: 2699
Owner: JTO
 
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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.