1848 Liberty Seated Silver Dollar. OC-2. Rarity-2. MS-63+ (PCGS).A lustrous and original example of this key date issue, displaying a dynamic patina of peach and violet hues. This coloration is backlit by vibrant satiny luster, contributing to a prooflike reflectivity most dramatic on the reverse. Well struck and undisturbed by notable friction or blemishes. Beautiful to examine under a light source. <p>The production run of just 15,000 pieces makes the 1848 the lowest mintage Liberty Seated dollar from the 1840s. Once again, the limited supply of domestically mined silver is the prime culprit for the Philadelphia Mints paltry issue of dollars. With so few coins struck, the 1848 is scarce in circulated grades, and the low mintage, key date status of the date results in strong demand from specialists. Mint State survivors are highly elusive and, when offered at all, are apt to grade no finer than MS-62. This piece is among the finest known of the issue, with just 3 coins graded finer by PCGS. Fully Choice in quality, this is a significant example that will be right at home in an advanced Liberty Seated dollar set.
