Coin Specifications

Category: Seated Liberty Dollars (1840-1873)
Mint: San Francisco
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $21.45 (5/17/2021)
Diameter: 38.1mm
Edge: Reeded
Link to this coin

1870 S $1 MS obverse 1870 S $1 MS reverse
Images courtesy of Heritage Auctions (HA.com)
Expand All    Collapse All

Description & Analysis

The 1870 San Francisco Mint silver dollar is one of the great rarities of United States numismatics. Only nine pieces are confirmed to exist, with one additional coin rumored. The number struck was not reported, due to the special nature of this issue.

The San Francisco Mint did not anticipate a coinage of silver dollars in 1870, and no dies for this denomination were requested. The laying of the cornerstone for a new mint structure that year, however, called for some form of commemoration. It was desired to include one coin of each denomination dated 1870 within the cornerstone, but dies for several of these were not on hand. San Francisco borrowed an obverse die for the silver dollar that had been used previously by the Carson City Mint. This was paired with a reverse die of the type with motto that evidently had been ordered in some other year since adoption of that feature in 1866. This bore an S mintmark of a style seen on other denominations but that was different from the one used in 1872, the only other date for this mint having the motto IN GOD WE TRUST.

It's presumed that one each of all the S-Mint coin denominations dated 1870-S were enclosed within the cornerstone, but attempts over the years to locate said stone have been unsuccessful. The 1870-S half dime and three-dollar pieces are both unique, aside from any additional pieces within the cornerstone, while no example of the quarter dollar has yet surfaced. The nine confirmed 1870-S silver dollars are almost presentation pieces that were given to dignitaries at the time of the cornerstone laying, but it's interesting that several of these are found today well worn. The significance of these coins may have been overlooked in later years, at which time they were evidently spent.

GRADE SUMMARY

Loading... Working...

Use the scroll bar at the bottom of this box to view a summary of the NGC Price Guide, NGC Census, Auction Prices Realized and NGC Registry Scores for each grade.

There was no data found for this Coin.

Select Designation

 
NGC PRICE GUIDE
NGC CENSUS
AUCTION PRICES REALIZED
NGC REGISTRY
SCORE
FIND IT ON EBAY

Select Grade

Price Guide

Last Updated: 1/17/2020

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

1870 S $1 MS
  GVGFVFXF5053555862
Base $ - - - - 540000 850000 1000000 - 1300000 2400000

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: 4
Low Grade: 40
Average Grade: 45
High Grade: 58

The chart showing 40 series, 45 series, 50 series, 53 series, 55 series, 58 series.
NGC CENSUS DETAIL Last Updated: 5/11/2021 1870 S $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----2-1--1-----------4
-----------------------
-----------------------
-----------------------
Total-----2-1--1-----------4
 -----50%-25%--25%----------- 

NGC Registry

NGC Registry Score 1870 S $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base1345813685139141635320153230771245702522926134269552862929666311283298834194354323670438008393474155749009
1353413761147271762021128230778191247902553126408275132897530153317483339034607358563713938454400844404151459
00000081912479025531264082751328975301533174833390346073585637139384544008400
000000163802500925832266812807129320306413236833792350193628037573389014082000
Registry Image Gallery

No Images Found

Related Articles

Records Fall at Chicago Auctions

4/22/2008 — 1804 Silver Dollar brings third highest price ever for coin at auction; Heritage Auctions and Bowers and Merena sales achieve record prices in their sales.
View full article >


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.