Coin Specifications

Category: Seated Liberty Dollars (1840-1873)
Mint: Philadelphia
Mintage: 162,100
Catalog: KM-100
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 26.73g
ASW: 0.7734oz
Melt Value: $12.40 (5/31/2016)
Diameter: 38.1mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1868 S$1 MS obverse 1868 S$1 MS reverse

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There are no NGC varieties for this coin.

Description & Analysis

The mintage of Seated silver dollars increased considerably in 1868 from the scant mintages of 1861-1867 that numbered only in the tens of thousands, to more than 162,000 pieces. This issue is nonetheless quite challenging in Choice Mint State, and rare in Gem condition. In fact, even circulated dollars of this issue are 'quite scarce,' according to the Bowers-Borckardt silver dollar Encyclopedia (1993), 'but because of the high mintage figure they are nearly universally overlooked by the numismatic fraternity.'

Concerning Mint State specimens, Bowers-Borckardt comments, 'The year 1868 does not come to mind immediately when one thinks of rare coins in the Liberty Seated series, but a perusal of the data, including certification service population reports, indicates that it is indeed very rare, even if it is unappreciated and overlooked. Dealer specialist Chris Napolitano stated that an MS-61 coin was the finest business strike he could locate in six years of searching.'

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


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Price Guide

Last Updated: 9/22/2015

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

1868 S$1 MS
Base $ 265 350 400 600 900 1330 1475 1675 2350 3600 4650 7750 23000 74000 135000 - - - -
$ 1000 - 1575 1800 2600 - 5250 9500 38000 - - - -

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Total Graded: 113
Low Grade: G
Average Grade: 53
High Grade: 66

Upcoming Auctions

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
2/20/2005 PCGS MS 60   Goldberg February 20-23, 2005 Pre-Long Beach Coin Auction, 28/Lot# 1736 $2,760.00
9/4/2006 NGC AU 58   David Lawrence Rare Coins Internet Auction # 103, 108/Lot# 205 $1,495.00
10/13/2011 NGC AU 55   Heritage Auctions 2011 October 13-16 US Coins Signature Auction #1160- Pittsburgh Session(1), 1160/Lot# 3869 $1,495.00
7/26/2012 NGC MS 64   Stack's Bowers The August 2012 Philadelphia ANA World's Fair of Money Auction, 140/Lot# 11503 $13,225.00
11/29/2012 NGC Details VF Details  Heritage Auctions 2012 November 29 - December 2 US Coin Signature Auction - Houston Session(5), 1177/Lot# 9663 $152.75
2/7/2013 PCGS XF 45   Heritage Auctions 2013 February 7 -8 & 10 US Coin Signature Auction - Long Beach Session(1), 1182/Lot# 3609 $1,116.25
6/24/2013 NGC XF 45   Teletrade Auction 3436, 3436/Lot# 1859 $775.00
9/25/2013 PCGS Genuine AU   Heritage Auctions 2013 September 25 - 29 US Coins Signature Auction - Long Beach Session(8), 1189/Lot# 8664 $499.38
7/6/2014 NGC Details AU Details  GreatCollections GreatCollections Coin Auctions 07/06/2014, 188/Lot# 147460 $650.00

NGC Registry

NGC Registry Score 1868 S$1 MS
1868 S$1 MS Prooflike
Registry Image Gallery
Grade: MS 66
Points: 13446
Owner: mr cool
Grade: AU 55
Points: 2161
Owner: G & R coins
View the Registry Image Gallery

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