Coin Specifications

Category: Seated Liberty Dollars (1840-1873)
Mint: San Francisco
Mintage: 9,000
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $11.47 (4/23/2019)
Diameter: 38.1mm
Edge: Reeded
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1872 S $1 MS obverse 1872 S $1 MS reverse
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Description & Analysis

The 1872-S is the only readily collectible Seated Dollar with Motto from the San Francisco Mint. The 1870-S, with an unknown mintage and only 10 coins extant, is unobtainable for all but the most wealthy numismatists, and the 1873-S has not been reported in any collection, all 700 coins produced presumably having been melted. Mint State 1872-S Seated Dollars are condition rarities in their own right, a fact explained by the circumstances surrounding the distribution of this issue.

After producing virtually no Silver Dollars since 1859, the San Francisco Mint became active once again in 1872 with the delivery of 9,000 coins. Examples seem to have suffered each of the three fates that were most active in claiming Seated Dollars: exportation, melting, and circulation. A certain number of coins were undoubtedly exported to the Orient in the year before Trade Dollar production commenced, the proximity of San Francisco to the Far East makes this a very tempting conclusion. It is also likely that a limited number of examples were placed into domestic circulation, for enough worn coins have survived to satisfy demand from less discerning date collectors. Those coins that did not leave the Mint for one of these two reasons were probably melted after the Mint Act of February 12, 1873 abolished the Silver Dollar. With such odds against it, coupled with the lack of a collecting community in the 1870s that appreciated branch mint issues, it is little wonder that any Mint State 1872-S Dollars have survived.

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: 4/23/2019

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1872 S $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 465 975 1380 1620 2200 3500 4050 6850 9000 14750 18000 25000 32000 90000 - - - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 118
Low Grade: PrAg
Average Grade: 45
High Grade: 64

The chart showing PrAg series, 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.
NGC CENSUS DETAIL Last Updated: 4/23/2019 1872 S $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base116818826771410-2442------118
-----------------------
-----------------------
-----------------------
Total116818826771410-2442------118
 1 %1 %5 %7 %15 %7 %22 %6 %6 %12 %8 %-2 %3 %3 %2 %------ 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
7/27/1993 PCGS AU 55   Heritage Auctions 1993 ANA Bullet #106, 106/Lot# 332 $2,200.00
5/20/1998 NGC VF 25   Teletrade Auction 1051, 1051/Lot# 1747 $572.25
2/20/2005 PCGS AU 53   Goldberg February 20-23, 2005 Pre-Long Beach Coin Auction, 28/Lot# 1760 $4,600.00
3/17/2011 PCGS AU 55   Heritage Auctions 2011 March Sacramento Signature ANA US Coin Auction Session(3), 1153/Lot# 4521 $6,900.00
8/15/2011 NGC VF 20   Stack's Bowers The August 2011 Chicago ANA World's Fair of Money Auction, 115/Lot# 3090 $431.25
2/3/2014 PCGS XF 40   Heritage Auctions 2014 February 3 - 5 US Coins Signature Auction - New York Session(2), 1202/Lot# 4031 $3,290.00
3/16/2014 PCGS AU 50   GreatCollections GreatCollections Coin Auctions 03/16/2014, 172/Lot# 178721 $2,997.50
3/20/2014 NGC VF 35   Heritage Auctions 2014 March 20 The Collection of Donald E. Bently - Bently Foundation US Coins Signature Auction - San Francisco Session(1), 1205/Lot# 30116 $998.75
12/13/2018 PCGS VF 35   Heritage Auctions 2018 December 13-14 US Coins Signature Auction Session(2), 1282/Lot# 3563 $1,260.00


NGC Registry

NGC Registry Score 1872 $1 MS S
 PrAgGVGFVF4045505355586061626364656667686970
Base879908136319282179275428853238348643615049620967537138851511754123181290213507141321517318774
889106015512012237127983003332137784590543663906881759795951194212513131041371514479163730
000000300333213778459054366390688175979595119421251313104137151447900
0000003120340340694820582265727010805610674121301270713305139241482600
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