Coin

1 Dollar "Seated Liberty" without motto (1862) — United States

United States • 1862 • KM# 71, PCGS# 6926-6955, 6981, etc.

1 Dollar "Seated Liberty" without motto (1862) — United States

Overview

A silver 1 Dollar Proof coin of the United States, known as the 'Seated Liberty' without motto. The obverse features Seated Liberty looking right above her shoulder with a cap on a stick and a shield, surrounded by 13 stars. Designed by Christian Gobrecht, it depicts an eagle clutchung arrows and an olive branch on the reverse. Struck as a Proof in 1862 with a limited mintage of 550 pieces at the United States Mint of Philadelphia. Composed of Silver (.900) and (.100 copper) with a reeded edge.

Specifications

Country
United States
Year
1862
Composition
Silver (.900) (.100 copper)
Weight
26.73 g
Diameter
38.1 mm
Thickness
2.8 mm
Mint
United States Mint of Philadelphia
Shape
Round
Technique
Milled
References
KM# 71, PCGS# 6926-6955, 6981, etc.
Issuer
United States

Design details

Obverse

Seated Liberty looking right above her shoulder, with a cap on a stick and a shield, 13 stars around Script: Latin Lettering: LIBERTY 1864 Engraver: Christian Gobrecht

Reverse

Eagle with arrows and olive branch in talons Script: Latin Lettering: UNITED STATES OF AMERICA ONE DOL. Engraver: Christian Gobrecht

Collector insights

  • Design heritage: Christian Gobrecht is credited as the designer for the Standard circulation coins series. Designer attribution helps distinguish this issue from later restrikes or unofficial copies that reuse only the motif.
  • Struck at: United States Mint of Philadelphia. Confirm the mintmark on your example before comparing prices — same-year issues from different mints often trade at very different levels.
  • Low mintage: Only 550 pieces reported. This puts the issue into key-date territory for its series; expect steep grade-based price scaling and a higher counterfeit risk — provenance and third-party grading matter.
  • Precious metal content: Silver (.900) (.100 copper) — bullion value provides a price floor, and many circulated examples were melted during the 1979–1980 and post-2010 silver spikes, reducing the surviving population.
  • Catalogue reference: Listed as KM# 71, PCGS# 6926-6955, 6981, etc.. Use this reference code when cross-checking auction archives, dealer inventories, and standard printed catalogues.

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