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1862 Seated Liberty Dollar

Strike Type
1862 Seated Liberty Dollar

Coin Details

Year
1862
Denomination
Dollar
Mint Mark
P
Strike Type
Regular Strike
Series
Seated Liberty Dollars 1840-1873
Designer
Christian Gobrecht
Mintage
11,540
Composition
90% Silver, 10% Copper
Weight
26.73g
Diameter
38.1mm
Edge
Reeded

Value Estimates

$1,046 - $11,136

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

$52,875 MS65 01-06-2016 Heritage Auctions

Description

The 1862 Seated Liberty Dollar is a dollar produced at the Philadelphia Mint as part of the Seated Liberty Dollars 1840-1873 series. With a mintage of 11,540, this is a scarce issue — the higher-mintage of the two mint variants, representing 95% of 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. Struck at the original U.S. Mint facility, in continuous operation since 1792. Estimated market value ranges from $1.0K to $11K depending on grade and condition. Struck in 90% silver, 10% copper, weighing 26.73 grams, 38.1 mm in diameter, with a reeded edge. Cataloged as PCGS #6952.

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