1858 $1 (Proof)

Series: Liberty Seated Dollars 1836-1873

PCGS PR65+

PCGS PR65+

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PCGS PR65+

PCGS PR65+

PCGS PR65+

PCGS PR65+

PCGS #:
7001
Designer:
Christian Gobrecht
Edge:
Reeded
Diameter:
38.10 millimeters
Weight:
26.73 grams
Mintage:
300
Mint:
Philadelphia
Metal:
90% Silver, 10% Copper
Major Varieties

Current Auctions - PCGS Graded
Current Auctions - NGC Graded
For Sale Now at Collectors Corner - PCGS Graded
For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades Survival
Estimate
Numismatic
Rarity
Relative Rarity
By Type
Relative Rarity
By Series
All Grades 250 R-6.6 20 / 27 21 / 38 TIE
60 or Better 200 R-7.0 20 / 27 23 / 38
65 or Better 10 R-9.5 20 / 27 23 / 38
Survival Estimate
All Grades 250
60 or Better 200
65 or Better 10
Numismatic Rarity
All Grades R-6.6
60 or Better R-7.0
65 or Better R-9.5
Relative Rarity By Type All Specs in this Type
All Grades 20 / 27
60 or Better 20 / 27
65 or Better 20 / 27
Relative Rarity By Series All Specs in this Series
All Grades 21 / 38 TIE
60 or Better 23 / 38
65 or Better 23 / 38

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 PR65+ PCGS grade

Bob R. Simpson Collection - Prairie Collection

2 PR65 PCGS grade
2 PR65 PCGS grade
2 PR65 PCGS grade
2 PR65 PCGS grade
2 PR65 estimated grade
2 PR65 estimated grade
2 PR65 estimated grade
2 PR65 estimated grade
10 PR64 PCGS grade
#1 PR65+ PCGS grade

Bob R. Simpson Collection - Prairie Collection

#2 PR65 PCGS grade
#2 PR65 PCGS grade
#2 PR65 PCGS grade
#2 PR65 PCGS grade
#2 PR65 estimated grade
#2 PR65 estimated grade
#2 PR65 estimated grade
#2 PR65 estimated grade
#10 PR64 PCGS grade
P. Scott Rubin: The 1858 Silver Dollar is a Proof only issue. Not only were there no regular issue silver dollars issued in 1858 there is no official number of Proof coins struck in that year. Walter Breen believed that the Chapman brothers are responsible for the belief that eighty Proof Silver Dollars were struck in 1858. Breen speculates that they learned this number from friendly Mint employees.

1858 is an interesting year in numismatics; this was the year George Cogan held his first auction, the first coin dealer to sell coins to the public by auction. This was the first year that Half Cents and Large Cents were no longer produced by the Mint.

Anyone trying to complete a date set of U.S. coinage needed the 1858 Proof Silver Dollar to complete the denomination. Since 1840 when Silver Dollars production was resumed at the Mint until 1857 collectors where able to get circulation strikes fairly easily. Only the years 1851 and 1852 were hard to acquire since they were produced in low numbers.

It is believed that 1858 was the year that some Mint employees realized that collectors were asking for dates that were not available. This may have been started by the demand for the Proof only 1858 Silver Dollar. By October, 1859 Cogan offered at public auction an 1858 Proof Set which sold for $5.50. Since 1859 to date, the 1858 Silver Dollar has been available in small numbers annually at auction.