1870 Seated Liberty Dollar $1, NGC PF67 Cameo - Tied for Finest
$49,399.99
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$47,499.99
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This coin is graded by NGC. You will receive the pictured coin. You are Buying a 1870 Liberty Seated Dollar $1 graded PF67 Cameo by NGC. Just a touch of golden toning dusts the rims of this Superb Gem specimen, which offers impressive central contrast that borders on black-and-white. This coin is impressively detailed and nearly free of post-striking faults, although future provenance researchers can look for the small curling lint marks off the hanging end of Liberty's cap and the right side of the eagle's neck. This stunning beauty could hold its own in any proof Seated dollar collection. The 1870 proof Seated dollars were produced to the extent of an even 1,000 pieces, relatively large within the series context. Nonetheless, the present PR67 Cameo piece is at the top end of the certified survivors, currently one of only three Cameo proof 1870 dollars at the PR67 level at either service (4/26). NGC has also certified a single PR67 Ultra Cameo specimen. By the year 1870 the melt content of such coins had risen to $1.027, approaching a level at which melting, after expenses, would become profitable. That price was, however, about the peak. Vast quantities of Comstock Lode silver would soon invert the gold-silver relationship, as would Germany's abandonment of the silver standard in 1872. And in any case, the Seated dollar denomination would be effectively abolished in the upcoming 'Crime of '73.'
This is an excellent coin to add to your collection.
Coin Features:
NGC graded PF67 CAM
Mintage of only 1,000
Known as a Seated Liberty Dollar
Obverse: Liberty Seated 3/4 facing Right next to a heraldic Shield bearing a liberty cap on a staff. Around Rim 13 Stars
Reverse: 3/4 facing Heraldic Eagle bearing an olive branch and Arrows. Around Rim United States of America - ONE DOL
Seated Dollars (1840-1873) - Motto (1866-1873) During the Civil War, religious passions spurred the addition of “IN GOD WE TRUST” to our nation’s coinage. It was added to Christian Gobrecht’s seated coinage in 1866. The motto eventually replaced E PLURIBUS UNUM as our nation’s official motto. The Motto dollar was produced mainly by the Philadelphia facilities, but limited numbers were struck in the new western Carson City and San Francisco Mints. Examples from these Mints remain elusive, with the 1870-S being the key to the series.
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