First US Dollar Study and Collection
#8 Classic Silver Dollar: 1st seated Liberty with Motto
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Coin Details
Origin/Country: |
United States |
Design Description: |
SILVER DOLLARS - SEATED LIBERTY, NO MOTTO |
Item Description: |
$1 1866 MOTTO |
Full Grade: |
PCGS F Details |
Owner: |
OA Nentico |
Owner Comments:
Truly enjoyed adding this First Year with Motto issue 1866 Seated Liberty Dollar to my collection! It is neat to own a piece of history like this since it is one of the key dates to the series! It may not be the finest specimen, but it has a pleasant patina with a reasonable strike. Also, it meets my collection objective of obtaining the first coin in each U.S. Dollar series.
Per Q. David Bowers in his book “A Complete Encyclopedia SILVER DOLLARS & TRADE DOLLARS of the United States” the 1866 with Motto has a mintage of 48,900 with an estimated survival rate of less than 2%, which gives estimates ranging from 340 to 900.
NGC has graded a total of 144 in MS and 239 in Proof. While PCGS has graded 257 in MS and 345 in Proof. These numbers add up to 985 coins graded. One can guess that a number of these have been re-graded and/or crossed over, so they support Bowers estimates.
This coin is part of my Custom US Dollar Study Collection and Type Set as well.