1872 $1 Seated Liberty Silver Dollar

Description: This 1872 $1 Seated Liberty Silver Dollar is a beautiful coin with historical significance. It has been certified by NGC and has XF Details. The coin was minted in Philadelphia and is composed of silver. The denomination is $1 and it is a business strike type. This coin is a great addition to any collection of US coins or coins and paper money in general. The design of the Seated Liberty adds to the value of the coin as it represents an important era in US history. Don't miss out on the opportunity to own this piece of history. NGC XF Details. The United States Seated Liberty Dollar, also known as the Seated Liberty Silver Dollar, was a silver coin minted by the United States Mint from 1840 to 1873 and again in 1875. Here are some key points about the Seated Liberty Dollar coinage:Introduction: The Seated Liberty Dollar was introduced in 1840, replacing the Gobrecht Dollar series. The design was created by Christian Gobrecht, the Chief Engraver of the United States Mint at the time. Design: The obverse (front) of the Seated Liberty Dollar featured a seated figure of Liberty holding a pole with a Phrygian cap, symbolizing freedom. She also held a shield inscribed with the word "LIBERTY." The reverse (back) typically depicted a heraldic eagle with outstretched wings, holding an olive branch and arrows, with a shield on its breast. The eagle was surrounded by a wreath, and the denomination "ONE DOLLAR" appeared below. Composition: The Seated Liberty Dollar was composed of 90% silver and 10% copper, with a total weight of 26.73 grams. This composition was consistent with other silver coinage of the time. Mintage: The Seated Liberty Dollar was minted in various quantities throughout its production period. Mintage figures varied depending on factors such as demand, economic conditions, and the need for circulating coinage. Some years saw higher mintages than others, particularly during periods of increased demand for silver dollars. End of Production: The production of the Seated Liberty Dollar ceased in 1873 due to the passage of the Coinage Act of 1873, which demonetized silver as a legal tender for larger denominations. However, limited mintage resumed in 1875 for circulation in foreign trade and commerce. Collectibility: Seated Liberty Dollars are highly collectible among coin collectors and numismatists, particularly those interested in 19th-century United States coinage. Collectors often seek to acquire examples of Seated Liberty Dollars in various conditions, including uncirculated and proof specimens.Overall, the United States Seated Liberty Dollar coinage represents an important chapter in the history of U.S. coinage, reflecting the country's growth and development during the 19th century, as well as the evolution of coin designs during that time.

Price: 1395 USD

Location: Palm Beach Gardens, Florida

End Time: 2024-11-28T00:24:50.000Z

Shipping Cost: 0 USD