Coin Specifications

Category: Seated Liberty Dollars (1840-1873)
Mint: New Orleans
Mintage: 515,000
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $21.52 (6/16/2021)
Diameter: 38.1mm
Edge: Reeded
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1860 O $1 MS obverse 1860 O $1 MS reverse
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Description & Analysis

The New Orleans Mint silver dollar of 1860 is the quintessential type coin for those seeking a Mint State No Motto example. Thousands were released at or near the MS level during the early 1960s, when the rapidly growing popularity of silver dollar collecting that had commenced in the late '50s nearly emptied long-sealed vaults. The U. S. Treasury put a halt to the paying out of silver dollars in March of 1964 when it became evident that many of the coins being disbursed at face value carried substantial collector premiums. The common 1859-O and 1860-O dollars were among those treasures.

After a century of being counted during audits and then re-bagged, these unworn dollars suffered numerous contact marks, so gems are as rare for this date as for most others in the series. The numbers in the certified population most likely includes duplicate submissions. Despite whatever signs of rough handling these coins may display, the typical 1860-O silver dollar is quite well struck and features bright, frosty luster.

Ten die marriages are known, and these derived from various combinations of four obverse dies and six reverses. One of the latter had been used previously for coining 1859-O dollars. As with most issues in this series, the varieties are quite minor and of interest to only the most advanced specialists.

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.

1860 O $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 300 340 400 520 625 815 900 1000 1200 1750 2100 2500 4000 6750 52500 110000 - - - -
$ - - - - - - - 3000 4800 9350 85000 - - -

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: 1000
Low Grade: PrAg
Average Grade: 55
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.
NGC CENSUS DETAIL Last Updated: 6/15/2021 1860 O $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base5471897456542368111467161161542483----992
-----------------------
----------1---65------12
-----------------------
Total5471897456542368111567161161602983----1004
 0%0%1%2%10%4%6%4%4%8%11%7%16%16%6%3%1%0%---- 
1860 O $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------134--------8
-----------------------
-----------------------
-----------------------
Total-----------134--------8
 -----------13%38%50%-------- 

NGC Registry

NGC Registry Score 1860 O $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base709735865949110313031393158317071799216125552699291033654389100741311213723143561540919050
7187788931000117013331456162417381920229226032769306237066284110871331613934147071662320003
00000014561624173819202292260327693062370662841108713316139341470700
00000015201666176820402424265128403213404881791209913519141451505800
Registry Image Gallery
Grade: MS 61
Points: 2699
Owner: Ben McQuaide
 
Grade: MS 61
Points: 2699
Owner: tsevni2
 
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.