Seated Liberty
The Seated Liberty Dollar is a silver dollar coin issued by the United States government
from 1840 to 1873. The coin is named for the obverse design which was uniform and
matched the Half dime, Dime, Twenty-cent piece, Quarter, and Half dollar. Its obverse
and reverse were both designed by Christian Gobrecht.
SPECIFICATIONS
Observe / Front
Obverse design Lady Liberty seated
holding the Union Shield Reverse design
|
Reverse / Back
A Bald Eagle holding arrows and an
olive branch with the Union Shield on its chest
|
- Edge: reeded
- Weight: 26.73 g
- Diameter: 38.1 mm
- Composition: 90% silver, 10% copper
- Silver Content: 0.77344 troy oz (24.057 g)
HISTORY
Seated Liberty Dollars were introduced in 1840 and were minted in larger quantities
than the sparsely minted Gobrecht Dollar that preceded it. The dollars were used
in general circulation until 1853. In 1853, the value of the silver was more than the face value of the coin.
The coin was continued to be minted mainly as a trade coin to be used in the Orient.
This ended in 1870 when the price of silver lowered allowing the dollars to be placed
back in normal circulation.
MINTS
Mintmarks appear underneath the eagle's talons on the reverse. Mintmarks include:
- Blank (P - Philadelphia Mint in Philadelphia, Pennsylvania)
- CC (Carson City Mint in Carson City, Nevada)
- O (New Orleans Mint in New Orleans, Louisiana)
- S (San Francisco Mint in San Francisco, California)
RARITIES
Of this series, the most valuable coin by far is the 1870-S.
Information taken from Wikipedia,
the free encyclopedia
Buy Silver From Gainesville Coins