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Natural Toning
1842
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Coin Details
Set Details
Origin/Country:
United States
Design Description:
SILVER DOLLARS - SEATED LIBERTY, NO MOTTO
Item Description:
$1 1842
Grade:
PCGS AU 58
Owner:
Hagop
Winning Set:
Natural Toning
Date Added:
4/19/2021
Research:
See NGC's Census Report for this Coin
Owner's Description
A very attractive well struck example with exceptionally smooth surfaces. The perfectly matched natural russet patina blankets both sides getting slightly deeper at the borders. It is hard to believe how many years pasted before finding the right example to upgrade this common date to AU-58.
At 184,618 pieces produced, the 1842 has the highest mintage of any circulation strike Liberty Seated dollar issue from the 1840s. Indeed, this figure would not be surpassed for the series until 1859, when the Comstock Lode finally provided the United States with a significant source of domestically mined silver. Overall silver production remained low in the 1840s as there were few domestic sources, and many of the Seated dollars from this period represent re-coining of melted down Spanish silver. The 1842 ranks alongside the 1843, 1846, and 1847 as the most plentiful Liberty Seated dollars from the 1840’s. However, no fully original, problem free, and attractive specimen from this challenging series can be accurately defined as common.
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