PCGS Auction Prices
1865 Liberty Seated Silver Dollar. OC-2. Rarity-2. EF-40 (PCGS).
Original Lot at Stack's Bowers
||August 2018 ANA U.S. Coins Auction Philadelphia, PA
||1865 Liberty Seated Silver Dollar. OC-2. Rarity-2. EF-40 (PCGS).
A handsome and originally toned silver dollar, featuring slightly mottled pewter and russet-gray patina. The definition is bold throughout and hints of original satin luster are evident under a light. The semi-key date 1865 Liberty Seated dollar has an extant population of only 750 coins from a mintage of 47,000 circulation strikes (per Dick Osburn and Brian Cushing, 2018). Like most other silver dollars from the 1850s and 1860s, the 1865 was struck to the order of bullion depositors who used the coins in international commerce, usually sending them to Liverpool, England or China. Most exported examples were subsequently melted overseas, although some examples shipped to England returned to the United States in payment for goods such as cotton. The present example is either one of those repatriated coins or one of the relatively few circulation strike 1865 silver dollars that remained stateside as part of bullion reserves. In any event, it is a scarce and desirable coin that will appeal to advanced silver dollar and Liberty Seated enthusiasts.
PCGS# 6955. NGC ID: 24Z8.
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