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Denver Coins --> United States Coins --> Obsolete United State coins --> Silver Dollar

Denver Gold and Silver Exchange
5475 Leetsdale Dr Suite 210
Denver, Colorado 80246

Open Monday - Friday from 9 am to 5 pm
Friday 9 am to 5 pm and Sunday from 10 am to 2 pm
Call anytime - leave a message: Main Number: 303-333-1411

Seated Liberty dollar (18361873)

Seated Liberty Dollars were introduced in 1840 and were minted in larger quantities than the sparsely minted Gobrecht Dollar that preceded it. The dollars were used in general circulation until 1853. In 1853, the value of the silver was more than the face value of the coin.

The coin was continued to be minted mainly as a trade coin to be used in the Orient. This ended in 1870 when the price of silver declined allowing the dollars to be placed back in normal circulation.

Each coin is composed of 0.77344 troy oz of silver. They were minted at Philadelphia, New Orleans, Carson City, and San Francisco.

 

 

 

Composition 90% Ag
10% Cu

Design A Bald Eagle holding arrows and an olive branch with the Union Shield on its chest
Designer Christian Gobrecht
Design date 1840

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