Coin Specifications

Category: Seated Liberty Dollars (1840-1873)
Mint: Philadelphia
Mintage: 423,700
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $20.23 (4/21/2021)
Diameter: 38.1mm
Edge: Reeded
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1869 $1 MS obverse 1869 $1 MS reverse
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Description & Analysis

This year witnessed the highest production of silver dollars since 1860. These coins were intended almost solely for international exchange with Asian merchants, and the vast majority of those coins were destroyed near the time of their arrival. Despite its high mintage by series standards, this issue is considered a scarce date. The fact that its market value is not much higher than that of very common dates such as 1871(P) and 1872(P) reveals that the collector demand for this series by date and mint is fairly limited.

The 1869 silver dollar is most often seen in grades of Very Fine through About Uncirculated. The population of well worn coins includes many Details graded pieces. Mint State survivors are fairly available as compared to dollars dated 1861-68, though gems are quite rare. Given the large mintage for this issue, collectors may encounter coins having either frosty or semi-prooflike fields. This date tends to be well struck, except for the characteristic weakness at the top of the eagle's right (viewer's left) wing.

A total of nine die marriages are known for the currency strikes. These derived from a combination of nine obverse dies, one of which was used previously for proofs, and just two reverses. Marriage OC-3 features an obverse die on which the flag of an errant numeral 1 is seen between numerals 18 of the date.

GRADE SUMMARY

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Price Guide

Last Updated: 1/16/2020

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

1869 $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 325 395 425 650 1000 1300 1500 1900 2000 2250 3600 4000 5000 9000 85000 130000 - - - -
$ - - - - - - - 4500 6500 22500 - - - -

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: 148
Low Grade: G
Average Grade: 53
High Grade: 65

The chart showing 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: 4/20/2021 1869 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-2222210136141714281210103-----147
-----------------------
-----------------------
-----------------------
Total-2222210136141714281210103-----147
 -1%1%1%15%7%9%4%10%12%10%1%5%8%7%7%2%----- 
1869 $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------------1---------1
-----------------------
-----------------------
-----------------------
Total------------1---------1
 ------------100%--------- 

NGC Registry

NGC Registry Score 1869 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base783811908990112414771558184319892250246427813194356440645367111721293713543141691521318820
7928439351035124215041653189220762321257029193317373144987302117601313913752145171641519761
00000016531892207623212570291933173731449873021176013139137521451700
00000017481940216323932675305634413897493392371234913341139601486500
Registry Image Gallery
Grade: MS 60
Points: 2781
Owner: ddr70
 
Grade: AU 58
Points: 2464
Owner: Tweed Collection
 
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.