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: $13.48 (10/16/2019)
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

The New Orleans Mint delivered a sizeable total of 360,000 Seated Dollars in 1859. Unlike its similarly dated P-mint counterpart, the '59-O does not appear to have been exported in significant numbers. Rather, the majority of the mintage probably saw domestic circulation in the South, but whether this was before the Civil War or during the mid to late 1870s is still a matter of conjecture. Suffice it to say that the 1859-O is a common coin in all circulated grades, and a popular issue among type collectors.

Prior to the Treasury releases of the early 1960s, the 1859-O was a scarce, yet not rare coin in Mint State. By 1964, however, at least three 1,000-coin bags of Mint State 1859-O Seated Dollars had emerged from Treasury Department vaults and found their way into the hands of the public.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 9/6/2019

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

1859 O $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 305 335 385 530 615 835 870 1020 1020 1800 2025 2600 4350 6350 55000 - - - - -
$ - - - - - - 2250 3500 5250 13000 - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 694
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: 10/8/2019 1859 O $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base2111416542953294754763710210837221-----692
-----------------------
------------2--3------5
-----------------------
Total2111416542953294754763710410837251-----697
 0 %2 %2 %2 %8 %4 %8 %4 %7 %8 %11 %5 %15 %15 %5 %4 %0 %----- 
1859 O $1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------11---------2
-----------------------
-----------------------
-----------------------
Total-----------11---------2
 -----------50 %50 %--------- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
1/25/2004 NGC MS 62   Goldberg January 25-28, 2004 Pre-Long Beach Coin and Currency Auction, 23/Lot# 2557 $1,265.00
9/4/2011 PCGS Genuine Genuine   Bonhams Coins and Medals, 19251/Lot# 1040 $351.00
6/24/2012 NGC PR 1   Teletrade Auction 3299, 3299/Lot# 1919 $75.00
12/22/2013 PCGS MS 64   David Lawrence Rare Coins Internet Auction # 783, 792/Lot# 659 $7,500.00
2/23/2014 PCGS AU 50   GreatCollections GreatCollections Coin Auctions 02/23/2014, 182/Lot# 167566 $1,265.00
3/31/2015 PCGS   Stack's Bowers March 2015 Baltimore, 6065/Lot# 33250 $246.75
2/12/2017 PCGS Genuine VG   Heritage Auctions Internet Coin Auction Session(1), 131708/Lot# 25248 $176.25
4/24/2019 NGC Details VG Details  Heritage Auctions Internet Coin Auction Session(2), 131918/Lot# 21652 $144.00


NGC Registry

NGC Registry Score 1859 $1 MS O
 PrAgGVGFVF4045505355586061626364656667686970
Base719745865949109513331477164917531852223326142699298539354876111721171612278128611383317202
72878589399811741381153416841786197923602642279433024249697511353119031247213185149560
00000015341684178619792360264227943302424969751135311903124721318500
00000015921718181921062487267128903618456290731153512091126671350900
Registry Image Gallery
Grade: MS 61
Points: 2699
Owner: JTO
 
Grade: XF 45
Points: 1477
Owner: ddr70
 
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