Natural Toning
1846-O


Obverse
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Reverse
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Coin Details

  

Set Details
Origin/Country: United States
Design Description: SILVER DOLLARS - SEATED LIBERTY, NO MOTTO
Item Description: $1 1846 O
Grade: PCGS AU 58
Owner: Hagop
 
Winning Set: Natural Toning
Date Added: 4/6/2021
Research: See NGC's Census Report for this Coin

Owner's Description

The 1846-O is the first branch mint silver dollar in U.S. coinage history and one of only four New Orleans Mint issues of the Liberty Seated design type. A natural thick olive colored patina blankets the pristine surfaces and perfect rims suggesting this example spent very little if any time in circulation. Liberty appears to be bald and the upper two arrowheads are flat. Striking weakness in these areas is a common trait for dollars struck this year. There is just the slightest hint of friction on the Liberty’s thigh, however, one could easily make a case for a Mint State grade. A perfect example of a natural and deeply toned specimen from the historic New Orleans mint.

Only 59,000 examples were struck for silver bullion depositors who requested dollars. The vast majority of survivors are in VF and lower grades due to extensive commercial use within the United States, probably in the Mississippi River Valley. In Choice About Uncirculated preservation they are very scarce compared to the demand for high grade survivors from advanced silver dollar collectors and Liberty Seated coinage specialists. This date combines historical significance and condition rarity to create a desirable numismatic treasure.

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