Liberty Seated Silver Dollar

1861 Liberty Seated Silver Dollar. OC-4. Rarity-4. EF Details--Scratch (PCGS).

Much of the silver deposited at the Philadelphia Mint for dollar coinage in 1861 came from Nevada's rich Comstock Lode. Beginning in 1859, most of this metal initially found its way to California, where it flooded the market before being shipped East. In 1859, 1860 and 1861 U.S. merchants exported 1,250,000 silver dollars to China, where the coins were received at bullion value, although they were less popular than the slightly heavier Spanish-American dollars. Most of the 77,500 circulation strike dollars coined in 1861 were lost to future generations of numismatists in this manner, and survivors in all grades are elusive in today's market.

PCGS# 6951. NGC ID: 24Z4.

From the Collection of Silas Stanley Roberts, 1888-1966.

Estimate: $ 2000