USA 1 dollar Seated Liberty 1871
USA, Philadelphia


Rarity
Common
Attributes of Coins
Region | USA |
---|---|
Denomination | 1 dollar |
Krause number | KM# 100 |
Mintage | 1,073,800 |
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 reason for such large mintages of silver dollars from the Philadelphia Mint in 1871-73 has not been satisfactorily explained, though there's always some reason for such divergent activity. It may be that American merchants engaged in the Far East trade were once again attempting to force acceptance of the United States standard silver dollar, a hopeless effort that ultimately was aborted with the replacement of this coin with the trade dollar in 1873. From the large number of surviving pieces across all circulated grades it's evident that most of these coins entered domestic circulation. There are enough Mint State coins, too, to meet the demand from advanced type collectors. Gems, as always, are in very limited supply. Many 1871(P) silver dollars are weakly struck in places, but the sheer number of examples from which to choose allow a collector to seek sharp specimens. The majority of Mint State coins have the frosty surfaces of moderately worn dies, though a smaller number of prooflike or semi-prooflike examples are found. It is sometimes difficult to tell prooflike MS coins from mediocre proofs. There are no fewer than 14 die marriages for currency strikes of the 1871(P) silver dollar. These resulted from the blending of 12 obverse dies with five reverses. A minor doubled-die obverse is known (OC-8), as well as a nice misplaced date variety (OC-12 & 14, FS-301).Read More