What Is The Seated Liberty Dollar?
Posted by Derek Sawchenko on
There have been many silver coins throughout the history of the United States, but not many as old and as valuable as the Seated Liberty Dollar. Minted between the years of 1840 and 1873, and designed by Christian Gobrecht the obverse depicts what the coin is named for, a seated lady liberty. On the reverse, an eagle holding arrows, and the olive branch of peace in its clutches. If the mint mark is present, it is below the eagle. In 1866, “In God We Trust” was added to the coin as it was introduced to the United States earlier in the decade. In the late 1840s, there was an increase in the quantity of gold available, so the value of silver increased relative to the value of gold. This led to the hoarding and melting of many silver coins. Because of the flood of gold into the market, and subsequent rise in silver value, the Seated Liberty Dollar became worth more than its face value. This led the government to decrease the weight off all silver coins 5 cents or higher, except for the silver dollar. With the passage of the Coinage Act of 1873 the end of the Liberty Seated Dollar had come. Now easily worth thousands of dollars depending on the condition, the Liberty Seated Dollar remains one of the most sought after coins in the world of numismatics. No one knows the world of numismatics better than Certified Coin Consultants of Rockville Centre. With an A+ rating from the Better Business Bureau, you can be sure that you will be working with the most friendly and knowledgeable coin traders around. So call, send an email, reach out on social media, or visit Certified Coin Consultants today to add to, or start your collection of gorgeous PCGS, NGC, and CAC certified Liberty Seated Dollars today!