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: $19.61 (3/8/2021)
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 2100 2600 3200 3750 6750 14000 25000 40000 - - -
$ - - - - - - - - - 7250 16500 29000 - -
1871 $1 PF CA
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - 4500 5000 6900 17500 29000 - - - -
$ - - - - - - - - 5600 9000 - - - -
1871 $1 PF UC
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - 4750 6250 12000 23500 38000 57500 - - -
$ - - - - - - - - - 12750 27000 - - -

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: 200
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: 3/2/2021 1871 $1 PF
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------1--26111331412916102---162
-----------------------
---------------1------1
-----------------------
Total------1--26111331413016102---163
 ------1%--1%4%7%8%19%25%18%10%6%1%--- 
1871 $1 PF CA
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------------1614443----32
----------------1-----1
---------------1------1
-----------------------
Total------------1614553----34
 ------------3%18%41%15%15%9%---- 
1871 $1 PF UC
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------------1-1112---6
-----------------11---2
----------------1-----1
-----------------------
Total-------------1-1223---9
 -------------11%-11%22%22%33%--- 

NGC Registry

NGC Registry Score 1871 $1 PF CA
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333874120615891799198524512710374651136488844595544031172454
33333332939841333165918612140253730554201557171408814198065102576077
000000329398413331659186121402537305542015571714088141980600
0000003583109514611729192322952623340046576029779291843005800
1871 $1 PF UC
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333925127116681886207925612828389653026713871998544171674960
333333331010401403174019502239265031844364577273819097204745279778708
0000003310104014031740195022392650318443645772738190972047400
0000003617115515351813201424002739354048336242805094753109500
1871 $1 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333820113815051707188623352585358649126248815392343881369782
33333332759261260157217662035241829184028535768838513190934913673271
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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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.