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SEATED LIBERTY DOLLAR HISTORY
The Seated Liberty Dollar History is very interesting and fraught with many unexpected changes. First and foremost, Christian Gobrecht, the Seated Liberty's primary engraver, created it. At least the obverse side was. Curiously, Gobrecht's soaring eagle design was not used on the reverse. Instead, the heraldic eagle utilized on coins in 1807 was used. This meant the Seated Liberty Dollar was technically designed by two people. First, Gobrecht, and then the late John Reich, the primary engraver for the United States Mint.
From 1840 until 1873, the United States Mint produced the Seated Liberty Dollar. Another unexpected change was the addition of "In God We Trust". It wasn't the first coin to use this phrase, but it was added to the dollar to follow its use earlier in the decade.
The Coinage Act of 1873
The Coinage Act of 1873 effectively put an end to the manufacturing of the standard silver dollar. In fact, the US Mint authorized the creation of a Coinage Act of 1873. The Trade Dollar was somewhat heavier than the regular dollar and could be used in international trade. To clarify, the Coinage Act of 1873 temporarily halted the manufacture of silver dollars for use in American trade.
Unfortunately, the Seated Liberty Dollar History did not go through a revival. In short, even though production of silver dollars resumed in 1878, it resumed with the new Morgan dollar. This happened following the passing of the Bland–Allison Act.
Seated Liberty Proof Quality
An 1870-P Seated Liberty Dollar in Proof-64 quality is shown below. In fact, Seated Liberty Proof coins that survived have become very valuable. Especially since this coin only had a mintage of only 1,000 coins. Austin Rare Coins is offering this lovely Proof Silver Dollar at an excellent value.
This proof coin is adorned with multiple blue and purple hues on both sides of the mirrored surfaces. This timeless design is admired by many collectors. In conclusion, you could expect this coin to be worth more than double in the next nominal grade up.
If you'd like to know more about Seated Liberty Dollar History call Austin Rare Coins & Bullion at 1-800-928-6468. A Rare Coins Advisor is happy to assist you in finding the exact coins you are looking for.
