Natural Toning
1873


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 1873
Grade: PCGS AU 58
Owner: Hagop
 
Winning Set: Natural Toning
Date Added: 9/9/2021
Research: See NGC's Census Report for this Coin

Owner's Description

Natures art work created a colorful patina that is a visual delight. The multicolored toning includes apricot, lavender, blues, and greens. Liberty’s head and stars 7-10 show slight weakness, a typical trait for this date. A perfect example of a beautiful and naturally toned seated dollar.

The final circulation strike silver dollar of the Liberty Seated design type from the Philadelphia Mint, the 1873 is underrated compared to the 1871 and 1872. Standard silver dollar coinage was halted on March 29, 1873, pursuant to the terms of the Act of February 12, 1873, which abolished the standard silver dollar. By that time only 293,000 circulation strikes from 1873, dated dies had been produced, once again at the request of bullion depositors taking advantage of their last opportunities to exchange their silver for standard dollars. The coins circulated little in the United States, and, as most were exported, the government decided instead to produce the heavier-weight Trade Dollar, which, it was thought, would be more accepted in international commerce. Regardless of whether the coins were exported or remained stateside melting played the most significant role in reducing the extant population to only 350 to 500 coins. This estimate is per Q. David Bowers (2016), who observes, "These are much scarcer than the mintage might suggest."

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