1862 Proof Seated Liberty Dollar
Strike Type
Coin Details
Value Estimates
Values as of May 2026 — estimates reflect typical grades (G-4 through MS-63). Coins in lower or exceptional grades may fall outside this range.
Auction Record
$76,375 PR66+ 07-16-2020 Legend Rare Coin Auctions
Description
The 1862 Proof Seated Liberty Dollar is a proof dollar struck at the Philadelphia Mint, part of the Seated Liberty Dollars 1840-1873 series. With a mintage of 550, this is an extremely rare issue — the scarcer of two mint variants, with 5% of total production. The obverse features Liberty seated on a rock, holding a pole surmounted by a Phrygian liberty cap in her left hand and a shield inscribed LIBERTY in her right and the reverse displays a heraldic eagle with shield on breast, olive branch and arrows in talons, with a banner reading E PLURIBUS UNUM. Produced during the Civil War, when coin hoarding caused severe shortages and the Mint experimented with new compositions to keep coins in circulation. As a proof issue, this coin was struck multiple times on specially prepared polished planchets using polished dies, producing mirror-like fields and frosted design elements prized by collectors. Struck at the original U.S. Mint facility, in continuous operation since 1792. Estimated market value is approximately $5.8K. Struck in 90% silver, 10% copper, weighing 26.73 grams, 38.1 mm in diameter, with a reeded edge. Cataloged as PCGS #7005.
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