Coin Specifications

Category: Seated Liberty Dollars (1840-1873)
Mint: Philadelphia
Mintage: 960
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $13.60 (10/13/2019)
Diameter: 38.1mm
Edge: Reeded
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1871 $1 PF obverse 1871 $1 PF reverse
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Description & Analysis

Liberty Seated dollars of 1871 had the second highest mintage of the With Motto type, both of business strikes (1,073,800 coins, exceeded only in 1872), and of proof strikes (960 coins, exceeded only in 1870). It would be reasonable then to think that a proof of this date should not be difficult to locate. And that is true in a relative sense, however, most grade no higher than PR64.

The Seated dollar marked a return to the production of silver dollars, which for all practical purposes had not circulated since the release of 1803-dated coins in 1804. Engraver Christian Gobrecht adapted sketches of Liberty by artist Thomas Sully and of 'Old Pete,' the Mint's eagle mascot, by artist Titian Peale to produce a coin that we know today as the Gobrecht dollar. In 1840 Gobrecht's magnificent eagle reverse was replaced by an older 'sandwich-board' John Reich eagle design, but the Liberty on the obverse remained essentially the same. A banner with IN GOD WE TRUST was added to the reverse in 1866. Redundant with the gold dollar for domestic commerce and part of the long running gold vs. silver conflict, the Seated dollar nevertheless saw extensive use in international commerce as bullion, face value irrelevant, until the series ended in 1873.

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.

1871 $1 PF
  GVGFVFXF505355586061626364656667686970
Base $ - - - - 1100 - - 1600 2000 2125 2500 3200 3750 6750 14000 25000 40000 - - -
$ - - - - - - - - - 7250 16500 29000 - -
1871 $1 PF Cameo
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - 4500 5000 6900 17500 29000 - - - -
$ - - - - - - - - 5600 9000 - - - -
1871 $1 PF Ultra Cameo
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - 4750 6250 12000 23500 38000 57500 - - -
$ - - - - - - - - - 12750 27000 - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 195
Low Grade: 45
Average Grade: 62
High Grade: 67

The chart showing 45 series, 50 series, 53 series, 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 1871 $1 PF
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------1--25111331412914102---159
-----------------------
---------------1------1
-----------------------
Total------1--25111331413014102---160
 ------1 %--1 %3 %7 %8 %19 %26 %19 %9 %6 %1 %--- 
1871 $1 PF Cameo
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------------1514433----30
----------------1-----1
---------------1------1
-----------------------
Total------------1514543----32
 ------------3 %16 %44 %16 %13 %9 %---- 
1871 $1 PF Ultra Cameo
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------------1-1112---6
-----------------11---2
----------------1-----1
-----------------------
Total-------------1-1223---9
 -------------11 %-11 %22 %22 %33 %--- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
11/1/2000 PCGS PF 60   Teletrade Auction 1373, 1373/Lot# 1515 $1,026.00
2/20/2005 PCGS PF 64   Cameo Goldberg February 20-23, 2005 Pre-Long Beach Coin Auction, 28/Lot# 1752 $10,350.00
6/27/2005 NGC PF 62   David Lawrence Rare Coins Auction 43: The Cook Family Collection, 47/Lot# 1113 $1,610.00
2/3/2011 NGC Details Proof Details  Heritage Auctions 2011 February Long Beach Signature US Coin Auction Session(3), 1152/Lot# 4272 $1,610.00
6/14/2011 NGC PF 63   Stack's Bowers The June 2011 Baltimore Auction, 92/Lot# 4085 $4,025.00
9/7/2011 PCGS PF 62   Heritage Auctions 2011 September Long Beach Signature US Coin Auction Session(3), 1159/Lot# 4121 $2,300.00
10/12/2014 PCGS PF 63   Cameo GreatCollections GreatCollections Coin Auctions 10/12/2014, 190/Lot# 215277 $1,650.00
12/3/2015 PCGS PF 66   Cameo Heritage Auctions 2015 December 3 - 6 Houston Money Show US Coins Signature Auction - Houston Session(1), 1227/Lot# 3237 $18,800.00
4/4/2017 PCGS PF 62   Heritage Auctions 2017 April 4 - 6 US Coins Signature Auction - Dallas Session(3), 1253/Lot# 16197 $2,820.00


NGC Registry

NGC Registry Score 1871 $1 PF Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333874120615891799198524512710374651136488844595544031172454
3333333293984133316591861214025373055420155717140881419806510250
000000329398413331659186121402537305542015571714088141980600
0000003583109514611729192322952623340046576029779291843005800
1871 $1 PF Ultra Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333925127116681886207925612828389653026713871998544171674960
33333333101040140317401950223926503184436457727381909720474527970
0000003310104014031740195022392650318443645772738190972047400
0000003617115515351813201424002739354048336242805094753109500
1871 $1 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333820113815051707188623352585358649126248815392343881369782
3333333275926126015721766203524182918402853576883851319093491360
000000327592612601572176620352418291840285357688385131909300
0000003547103213821639182621852501325244705802751888732895300
Registry Image Gallery
Grade: PF 67 ULTRA CAMEO
Points: 9097
Owner: Simpson
 
Grade: PF 67 ULTRA CAMEO
Points: 8719
Owner: FloridaFacelifter
 
View the Registry Image Gallery

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