Natural Toning
1848


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 1848
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

A magnificent naturally toned example with superb eye appeal. Purchased from one of the top experts in this series who was convinced this example grades Mint State. There are no clear signs of wear which supports my opinion that this stunning specimen never circulated. A superb example of a fully original naturally toned seated dollar.

Demand for dollars from contemporary bullion depositors dipped in 1848, and the Philadelphia Mint delivered just 15,000 circulation strikes making it the lowest mintage Liberty Seated dollar from the 1840s. Once again, the limited supply of domestically mined silver is the prime culprit for the Philadelphia Mint's paltry issue of dollars. With so few coins struck, the 1848 is scarce in circulated grades, and the low mintage, key date status of the date results in strong demand from specialists.

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