1871 Liberty Seated Dollar : History & Value

8 Min Read
1871 Liberty Seated Dollar. Image: Stack's Bowers / CoinWeek.
1871 Liberty Seated Greenback. Picture: Stack’s Bowers / CoinWeek.

By Charles Morgan and Hubert Walker for CoinWeek Notes …..
 

The United States Mint produced Liberty Seated {Dollars} at simply two of its three operational amenities in 1871. The Philadelphia Mint struck 1,074,760 silver {dollars} in 1871, whereas the Carson Metropolis Mint struck only one,376. By way of Mint State survivors, the 1871 Philadelphia strike is an in depth third behind the 1859-O and 1860-O because the collection’ most considerable.

Gems are scarce, with most 1871 Liberty Seated {Dollars} grading within the MS62 to MS64 vary. As with many points within the collection, only a few cash actually pop by way of eye attraction.

Manufacturing of 1871 Liberty Seated {Dollars}

January 12, 1871 8,000 struck January 13 15,000
January 17 15,000 January 23 16,000
January 30 16,000 February 3 10,800
February 10 15,000 February 21 12,000
March 1 14,000 March 11 12,000
March 14 12,000 March 15 500
March 16 9,000 March 21 16,000
March 28 14,000 March 29 10,400
April 12 10,000 April 13 7,700
April 17 10,000 April 18 10,000
April 19 8,800 April 26 10,000
April 28 23,500 Could 5 8,900
Could 18 12,000 Could 20 12,000
Could 27 10,000 June 2 10,000
June 5 10,000 June 10 13,000
June 15 10,000 June 17 12,400
June 30 12,000 July 5 9,000
July 8 24,000 July 10 12,000
July 13 12,000 July 15 6,000
July 20 20,000 July 21 22,000
August 4 17,000 August 9 20,000
August 11 26,000 August 18 17,700
August 24 22,000 September 22 12,000
September 25 12,000 September 27 12,000
September 28 12,000 October 2 12,000
October 5 12,000 October 6 12,000
October 9 12,000 October 13 12,000
October 17 12,000 October 19 20,600
October 30 15,000 November 1 8,000
November ? 7,600 November 9 12,000
November 10 12,000 November 13 12,000
November 14 9,000 November 16 15,000
November 17 19,300 November 21 12,000
November 22 12,000 November 23 12,000
November 24 13,800 November 27 4,000
December 2 12,000 December 4 10,500
December 8 8,000 December 11 13,000
December 13 20,400 December 16 7,000
December 20 6,000 December 22 5,000
December 26 24,000 December 29 13,300
Unspecified Date 960 Proofs Complete Mintage: 1,074,760 cash
See also  Rare 1795 Silver Dollar Found in Rhode Island Estate

 

Manufacturing of the 1871 Liberty Seated Greenback occurred constantly all year long. Most had been exported to be used as commerce cash.

* * *

1871 Liberty Seated Greenback Market Information and Noteworthy Specimens

Prime InhabitantsPCGS MS66 (1, 11/2024), NGC MS66 (1, 11/2024), and CAC MS66 (1:0 stickered:graded, 11/2024).

  • PCGS MS65 CAC #38379608: Legend Uncommon Coin Auctions, Could 14, 2020, Lot 226 – $31,725.
  • PCGS MS65 #84285353: Stack’s Bowers, August 3, 2017, Lot 2126 – $47,000. Darkish firming alongside the periphery on the obverse and reverse.
  • PCGS MS65 CAC #02033021: Pinnacle Rarities to Eugene H. Gardner, by sale, August 2010; “The Eugene H. Gardner Assortment,” Heritage Auctions, June 23, 2014, Lot 30605 – $57,281.25; Heritage Auctions, January 7, 2015, Lot 4174 – $50,525; Stack’s Bowers, October 2015, Lot 48 – $48,175.
  • NGC MS65 #549962-013: Heritage Auctions, February 24, 2005, Lot 7389 – $16,100; “The Jack Lee Assortment, III,” Heritage Auctions, November 3, 2005, Lot 2227 – $16,100. Splotchy and streaky brown firming.
  • PCGS MS64+ CAC #25636722: “The James DeAngelis Assortment,” Stack’s Bowers, March 28, 2024, Lot 7230 – View. Terminal firming on the best area of the obverse.
  • PCGS MS64+ CAC #34137572: Heritage Auctions, Could 6, 2022, Lot 4247 – $9,600OC-7. Darkish firming with reddish interiors and blue alongside the periphery.
  • PCGS MS64+ #82239827: Del Loy Hansen; “The Schwenk Household Assortment,” Heritage Auctions, Could 6, 2022, Lot 4246 – $7,200. D.L. Hansen novelty insert. OC-13. Peach firming round stars 8-13. Diagonal spot to the left of Liberty’s proper hand. Mild die crack via STATES. Lengthy lower between wing and eagle’s beak.
  • As PCGS MS64+ CAC #25505619: As PCGS MS64 CAC #06626149: Heritage Auctions, January 5, 2011, Lot 3993 – $6,900. As PCGS MS64+ CAC #25505619. Heritage Auctions, November 29, 2012, Lot 3849 – $10,575. Apricot-colored firming. Spot on proper forearm. Streaky firming round star 12.

* * *

Design

Obverse:

See also  US Dollar Collapse: Can Gold and Silver Help?

The obverse options Liberty seated on a rock in classical flowing robes, her head turned to the best (viewer’s left). Liberty’s left arm is bent, her raised hand holding a Liberty pole with a cap. The suitable arm is prolonged downward at her facet, with the hand balancing a protect with the phrase LIBERTY displayed in a curving banner. 13 six-pointed stars encompass the seated determine inside a denticulated rim: seven on the left facet, one between Liberty’s head and the cap, and the remaining 5 alongside the best. The date 1871 is on the backside between the bottom of the rock and the rim.

Reverse:

An eagle is displayed prominently inside a denticulated rim. The eagle’s wings are partly unfold however folded downward on the joint as if the majestic chook had simply landed or maybe as a substitute is getting ready to fly away. An olive department is within the dexter claw (viewer’s left); the sinister claw clutches three arrows. Above the eagle is a wavy ribbon with the motto IN GOD WE TRUST, which was added to the coin in 1866. The legend UNITED STATES OF AMERICA encircles the highest two-thirds of the coin contained in the rim, with the ONE DOL. denomination centered on the backside.

Edge:

The sting of the 1871 Liberty Seated Greenback is reeded.

1871 Liberty Seated Greenback Coin Specs

Nation: United States of America
12 months of Subject: 1871
Denomination: One Greenback (USD)
Mintmark: None (Philadelphia)
Mintage: 1,074,760
Alloy: .900 Silver, .100 Copper
Weight: 26.73 g
Diameter: 38.10 mm
Edge: Reeded
OBV Designer: Christian Gobrecht, from sketches by Titian Peale/Thomas Sully
REV Designer: Christian Gobrecht
High quality: Enterprise Strike
See also  Gold (XAU) Daily Forecast: Dollar Strength Pressures Prices as Gold Hits $2,550 Low

 

* * *

References

Julian, R.W. “The Silver Greenback, 1853-1873”, Numismatic Scrapbook Journal. August 1964. 2124-2128. Information compiled and analyzed from the Nationwide Archives.
 

* * *

Source link

Share This Article
Leave a comment