The Survival Estimate represents an average of one or more experts' opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.
Numismatic Rarity
Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.
Relative Rarity By Type
Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.
Relative Rarity By Series
Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
Rod Sweet Collection - Bowers & Merena 7/2005:1043, $23,000
1
MS65 PCGS grade
1
MS65 PCGS grade
6
MS64 PCGS grade
6
MS64 PCGS grade
6
MS64 PCGS grade
6
MS64 PCGS grade
6
MS64 PCGS grade
#1 MS65 PCGS grade
Legend 10/2014:61, $88,125
#1 MS65 PCGS grade
#1 MS65 PCGS grade
Rod Sweet Collection - Bowers & Merena 7/2005:1043, $23,000
#1 MS65 PCGS grade
#1 MS65 PCGS grade
#6 MS64 PCGS grade
#6 MS64 PCGS grade
#6 MS64 PCGS grade
#6 MS64 PCGS grade
#6 MS64 PCGS grade
Q. David Bowers:
The following narrative, with minor editing, is from my "Silver Dollars & Trade Dollars of the United States: A Complete Encyclopedia" (Wolfeboro, NH: Bowers and Merena Galleries, Inc., 1993).
Coinage Context
Mint busy: The Philadelphia Mint was busy this year and turned out large numbers of silver coins of all denominations. Apparently, the silver supply problem had lessened somewhat. However, as is true of other years, silver dollars were only struck to the order of bullion depositors specifically requesting them.
Numismatic Information
Circulated grades: The 1847 is one of the most common of all Liberty Seated dollars of the 1840-1865 no-motto type. In 1963 when I was sorting through quantities of unattributed worn Liberty Seated dollars from the great Treasury release, I found more of this date than of any other early issue. However, in terms of appearances on the numismatic market, the 1842 and 1843 are more plentiful today.
Mint State grades: This issue is available in Mint State, and when seen is apt to be very frosty. From the beginning of the series to 1847, it is the date most often seen MS-60 or above. Still, it is scarcer in Mint State than the mintage figure suggests.
Varieties
Circulation strikes:
1-6. Normal Date: Breen-5438. Known with at least six obverse variations among pieces made for circulation, such varieties differing from one another by their date position in relation to the base of Liberty and the border denticles.