Coin Specifications

Category: Seated Liberty Dollars (1840-1873)
Mint: Philadelphia
Mintage: 1,330
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $13.47 (10/16/2019)
Diameter: 38.1mm
Edge: Reeded
Link to this coin

1860 $1 PF obverse 1860 $1 PF reverse
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Description & Analysis

The Mint experienced considerable difficulty in the late 1850s and early 1860s as it tried to win over the general numismatic hobby to the idea of making annual purchases of proof coinage. For most years in this era, public demand for specimen coinage did not match the Mint's output with the result that many coins were melted as unsold. 1860 gives a vivid picture of this, particularly in the case of the Seated Dollar. The Philadelphia Mint prepared 1,000 sets of proof silver and minor coins this year, as well as a further 330 Silver Dollars in anticipation of increased demand for these large and impressive coins. Unfortunately, sales of both sets and singles fell far below expectations with all but 527 of the proof Seated Dollars being melted at year's end. David Bowers (1993) estimates that somewhat more than 270 Proofs of 1860 are extant, of which Gem and better specimens account for ten or so pieces

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: 6/24/2019

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

1860 $1 PF
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - 1850 2650 3000 3375 5000 8000 15500 30000 80000 - - -
$ - - - - - - - - 5500 8750 18000 - - -
1860 $1 PF Cameo
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - 4000 5500 8500 16500 35000 - - - -
$ - - - - - - - - - 9000 - - - -
1860 $1 PF Ultra Cameo
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - - - - 24000 - - - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 142
Low Grade: 60
Average Grade: 63
High Grade: 67

The chart showing 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series.
NGC CENSUS DETAIL Last Updated: 10/8/2019 1860 $1 PF
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------391632391762---124
--------------11------2
-----------------------
-----------------1----1
Total-----------391633401772---127
 -----------2 %7 %13 %26 %31 %13 %6 %2 %--- 
1860 $1 PF Cameo
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------------252323---17
-----------------13---4
-----------------------
-----------------------
Total-------------252336---21
 -------------10 %24 %10 %14 %14 %29 %--- 
1860 $1 PF Ultra Cameo
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------------1-----1
-----------------------
-----------------------
-----------------------
Total----------------1-----1
 ----------------100 %----- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
9/15/1999 PCGS PF 62   Teletrade Auction 1211, 1211/Lot# 1587 $1,458.00
1/7/2009 NGC PF 67   Heritage Auctions 2009 January Orlando, FL FUN Auction #1121, 1121/Lot# 3968 $46,000.00
1/31/2010 PCGS PF 63   Goldberg January 31 - February 3, 2010 Pre-Long Beach Coin and Currency Auction, 57/Lot# 1196 $4,255.00
7/7/2011 PCGS PF 64   Cameo Heritage Auctions 2011 July Orlando Summer FUN Signature US Coin Auction Session(1), 1157/Lot# 3769 $5,750.00
8/25/2011 NGC PF 63   David Lawrence Rare Coins Thursday - Internet Auction # 613, 620/Lot# 6315 $4,830.00
9/9/2012 PCGS PF 61   GreatCollections GreatCollections Coin Auctions 09/09/2012, 39/Lot# 72420 $2,200.00
8/30/2013 PCGS   Stack's Bowers The September 2013 Philadelphia Auction, 195/Lot# 3184 $5,463.75
7/26/2015 NGC PF 63   Stack's Bowers iAuction 3534, 6113/Lot# 20348 $3,290.00


NGC Registry

NGC Registry Score 1860 $1 PF Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base333333339161260165418712029251928853838578367949554108674438479899
33333333071030139117261923219226413202448661207714999122039562220
0000003307103013911726192321922641320244866120771499912203900
00000036111145152217981976235527633520513464578634104293321100
1860 $1 PF Ultra Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base333333339691327173719612124263130093991599070279854111974589282591
333333332510881463181120152293275733364657633579691030122762581250
00000033251088146318112015229327573336465763357969103012276200
00000036471207160018862069246228833663532366818911107493432700
1860 $1 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base333333338611190156817761928240127543675556365459234105154277477024
3333333289970131616371826208525183061430458907441966121268541900
000000328997013161637182620852518306143045890744196612126800
00000035751080144217061877224326363368493362178337100883202100
Registry Image Gallery
Grade: PF 66
Points: 8337
Owner: Simpson
 
Grade: PF 66
Points: 6545
Owner: mr cool
 
View the Registry Image Gallery

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