PCGS CoinFacts 1870-S $1 (Regular Strike)

Since the launch of PCGS CoinFacts,™ we have been hard at work updating and expanding the site's information. Here's another recent example:

David Hall: The 1870-S Liberty Seated dollar is one of the most famous U.S. rarities. There are only 12 known survivors in all grades. The finest known, and the only Mint State survivor, is the PCGS-graded MS62 Col. Green-James A. Stack-Legend collection specimen.

P. Scott Rubin: The 1870-S Silver dollar is one of the rarest of all silver dollars, with less than a dozen examples known (or believed to exist). This is a coin that was not publicly seen until H.O. Granberg displayed it at the 1914 American Numismatic Society Exhibition some 44 years after its issue. The first auction appearance of this coin was in a 1926 Hesslein auction, where the example offered was graded Fine with initials cut into the coin. At the next auction appearance, the initials had been removed.

No official Mint record was made about a number of 1870-S denominations that are known today. The silver dollar, the unique half dime and the unique three dollar gold pieces all fall into this group. There still is a strong possibility that the quarter of this issue was produced, but is still not known to exist. However, it should be noted that the half dime was not known to exist until 1978.

The James A. Stack specimen of the 1870-S Silver dollar, a Mint State 62 example, was sold in 2003 by Stack's for $1,092,500. This is the only verified coin in uncirculated condition. Any 1870-S Silver dollar, no matter what its condition, would likely sell for six figures. The next time the finest known example is offered for sale, it is likely to bring well over a seven-figure dollar amount.

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