Coin Specifications

Category: Seated Liberty Dollars (1840-1873)
Mint: Philadelphia
Mintage: 1,000
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $13.61 (10/13/2019)
Diameter: 38.1mm
Edge: Reeded
Link to this coin

1870 $1 PF obverse 1870 $1 PF reverse
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Description & Analysis

The 1870 is the first proof Seated Dollar since 1861 with an original mintage of 1,000 coins. These specimen strikings were produced in small quantities at several different times during the year, and most were probably distributed as part of proof sets. Curiously, this issue is not as common as one might assume for a proof with 1,000 coins produced. In fact, this date is encountered less often than some lower mintage proofs in this series, such as the 1867 (625 pieces produced). Were quantities of proof 1870 Seated Dollars melted as unsold at year's end? Were numerous coins retained at the Mint for sale at a later date, only to be melted alongside scores of business strike Silver Dollars after passage of the Mint Act of February 12, 1873? We may never know the answers to these questions, just like we may never know exactly why the proof 1870 Seated is as elusive as it is in today's hobby.

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: 6/25/2019

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

1870 $1 PF
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - 1400 1650 2150 2300 2800 4000 6000 12500 27500 45000 - - -
$ - - - - - - - 3250 - 7200 - - - -
1870 $1 PF Cameo
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - 2750 3900 4800 7150 15500 - - - - -
1870 $1 PF Ultra Cameo
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - - - - 18000 39000 52000 - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 208
Low Grade: 55
Average Grade: 63
High Grade: 67

The chart showing 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series.
NGC CENSUS DETAIL Last Updated: 10/8/2019 1870 $1 PF
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------147142640481512----167
-----------------------
---------------1------1
-----------------------
Total---------147142640491512----168
 ---------1 %2 %4 %8 %15 %24 %29 %9 %7 %---- 
1870 $1 PF Cameo
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------116511931---37
------------------1---1
--------------1-------1
-----------------------
Total-----------116611932---39
 -----------3 %3 %15 %15 %28 %23 %8 %5 %--- 
1870 $1 PF Ultra Cameo
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------------31----4
------------------1---1
-----------------------
-----------------------
Total----------------311---5
 ----------------60 %20 %20 %--- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
6/27/2005 NGC PF 61   David Lawrence Rare Coins Auction 43: The Cook Family Collection, 47/Lot# 1112 $1,380.00
2/5/2006 PCGS PF 60   Goldberg February 5-8, 2006 Pre-Long Beach Coin and Currency Auction, 34/Lot# 1725 $1,668.00
3/23/2008 PCGS PF 62   Cameo Teletrade Auction 2506, 2506/Lot# 1684 $3,472.00
3/24/2010 PCGS PF 61   Heritage Auctions 2010 March Fort Worth, TX Signature ANA US Coin Auction #1138, 1138/Lot# 1246 $1,955.00
5/29/2011 PCGS PF 63   Bonhams Coins and Banknotes, 19158/Lot# 1064 $2,925.00
7/7/2011 NGC PF 66   Cameo Heritage Auctions 2011 July Orlando Summer FUN Signature US Coin Auction Session(1), 1157/Lot# 3774 $18,400.00
12/8/2011 PCGS PF 64   Heritage Auctions 2011 December 8-11 US Coins Signature Auction- New York Session(1), 1162/Lot# 3741 $4,887.50
12/16/2012 PCGS PF 65   GreatCollections GreatCollections Coin Auctions 12/16/2012, 53/Lot# 85166 $15,592.50
8/8/2013 NGC PF 67   Cameo Heritage Auctions 2013 August 8 - 10 US Coins Signature Auction - Rosemont Session(5), 1188/Lot# 5735 $35,250.00
7/11/2014 PCGS Genuine Proof   Stack's Bowers August 2014 Chicago ANA, 6014/Lot# 6285 $1,527.50


NGC Registry

NGC Registry Score 1870 $1 PF Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333874120615891799198524512710374650896488844595544028872412
3333333293984133316591861214025373055419355557140881419798509960
000000329398413331659186121402537305541935555714088141979800
0000003583109514611729192322952623340046416021779291843004300
1870 $1 PF Ultra Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333925127116681886207925612828389650626713871998544148174536
33333333101040140317401950223926503184428456127381909720396524990
0000003310104014031740195022392650318442845612738190972039600
0000003617115515351813201424002739354046736162805094753093800
1870 $1 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333820113815051707188623352585358648886248815392343879069741
3333333275926126015721766203524182918402053416883851319086491070
000000327592612601572176620352418291840205341688385131908600
0000003547103213821639182621852501325244545794751888732893800
Registry Image Gallery
Grade: PF 67 CAMEO
Points: 8814
Owner: Simpson
 
Grade: PF 66
Points: 6248
Owner: mr cool
 
View the Registry Image Gallery

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