Natural Toning
1872-S


Obverse
Enlarge  
Reverse
Enlarge  

Coin Details

  

Set Details
Origin/Country: United States
Design Description: SILVER DOLLARS - SEATED LIBERTY, NO MOTTO
Item Description: $1 1872 S
Grade: PCGS AU 58
Owner: Hagop
 
Winning Set: Natural Toning
Date Added: 4/4/2021
Research: See NGC's Census Report for this Coin

Owner's Description

The 1872-S is the only collectible San Francisco Mint Liberty Seated dollar of the With Motto type. This date enjoys strong demand as one of only three issues struck at the San Francisco mint. The 1870-S is a legendary rarity with only 12 examples accounted for is priced well beyond the reach of most collectors. Mottled purple and blue toning on both sides. The reverse is spectacular with luster that brings the toning alive. The mark free surfaces and original skin combine to produce exception eye appeal. A wonderful example of a beautiful and wholly original Liberty Seated dollar with a great provenance.

Most examples were the victims of the three primary sources of attribution for silver dollars of this type: export, melting, and domestic circulation. First and foremost, many 1872-S silver dollars were likely exported. With San Francisco a popular port of embarkation for silver dollars bound for the Orient, it is likely that many of the coins produced at the city's nearby mint were quick to depart for foreign shores. By 1872 the Liberty Seated dollar had long functioned as a trade dollar; it was not until the following year that the federal government authorized a coin specifically for that purpose. Other examples were likely destroyed through melting when the Act of February 12, 1873, abolished the standard silver dollar. Finally, some 1872-S silver dollars almost certainly found their way into circulation after autumn 1876 upon the resumption of payments in coins rather than notes. These circulated coins account for most examples available to today's collectors. The vast majority of high-grade examples have been dipped and many display surface hairlines. Most examples are very well struck and often slightly proof-like. Ex-Norweb/Share

To follow or send a message to this user,
please log in