Liberty Seated Silver Dollar

1862 Liberty Seated Silver Dollar. OC-1. Rarity-3. MS-61 (PCGS). CAC.

This appealing coin exhibits light silver-gray and golden-apricot toning on appreciably lustrous surfaces. Both sides are sharply struck throughout the design with a pleasingly smooth appearance for the assigned grade. The 1862 has the lowest circulation strike mintage among Civil War era Liberty Seated dollars with just 11,540 coins struck. As with its predecessors beginning with the 1853, these coins were produced at the request of bullion depositors who used the coins in international commerce, especially to Liverpool, England and China. Apparently few examples returned to native shores, as the extant population of the circulation strikes is fewer than 350 coins in all grades. Mint State survivors are rare, far rarer than Proofs of the date. This is an important opportunity for specialists.

PCGS# 6952. NGC ID: 24Z5.

From the Midnight Collection.

Estimate: 5000