USA 1 dollar Seated Liberty 1864
USA, Philadelphia
Rarity
Rare
Attributes of Coins
| Region | USA |
|---|---|
| Denomination | 1 dollar |
| Krause number | KM# 71 |
| Mintage | 30,700 |
| Metal | Silver 0.900 |
| thickness | 2.8 mm |
| diameter | 38.1 mm |
| weight | 26.73 g |
Obverse:
Liberty
Star
Creators:
Christian Gobrecht
LIBERTY
Reverse:
Coat of arms
Creators:
Christian Gobrecht
ONE DOL.
UNITED STATES OF AMERICA
Introduction of Coins
The run of low-mintage silver dollars that commenced in 1862 continued into this year. With the silver dollar worth nearly twice as much as the paper dollar in 1864, it's obvious that this was not a coin that circulated in its own time, at least not in most of the nation. The only place where this disparity of value didn't matter was in the western states and territories where paper currency was simply not accepted. Perhaps a quantity was shipped west for use there, which could account for the unusually high proportion of worn examples known today. Other dollars of the period are rarely found more than lightly worn. Mint State survivors are genuinely rare, though among these pieces are a number or choice and gem examples. While some of these coins have frosty luster, more often seen are dollars having semi-prooflike fields. Not surprisingly, just a single pair of dies was used for this modest mintage. The reverse die carried on into 1865's production.Read More
