The silver dollar was an integral part of the American monetary system but faced challenges during the Civil War. The war impacted the production and circulation of coins, with only Philadelphia and San Francisco minting coins during this time. The 1865 Liberty Seated Dollar, struck in Philadelphia, saw limited production but most were exported as trade coins, making them scarce and mostly found in circulated condition.
Insight into Market Data and Noteworthy Specimens
The 1865 Liberty Seated Dollar is considered undervalued in the top two grades, with scarce availability of uncirculated coins. The rarity of this coin is evident in the population reports, with only a few coins graded at MS64 or higher by PCGS and NGC. Recent sales data indicates a slight increase in prices for well-preserved examples, especially those with good eye appeal.
Exploring the Design of the 1865 Liberty Seated Dollar
The obverse of the coin features Lady Liberty seated on a rock, holding a liberty pole and shield, surrounded by stars. The reverse depicts an eagle with an olive branch and arrows, with the legend “UNITED STATES OF AMERICA” encircling the coin. The edge of the coin is reeded, adding to its aesthetic appeal and recognizability.
Insight into Specifications and References
The 1865 Liberty Seated Dollar has specific specifications related to its composition, weight, diameter, and design elements. References such as Julian’s research provide valuable historical context and insights into the production and circulation of these coins during the mid-19th century.