1848 Liberty Seated Silver Dollar. OC-1. Rarity-2. AU Details--Cleaned (NGC).Demand for dollars from contemporary bullion depositors dipped in 1848, and the Philadelphia Mint delivered just 15,000 circulation strikes to fill orders received for this denomination. Survivors are scarce by the standards of the era; Dick Osburn and Brian Cushing (<em>Liberty Seated Dollars: A Register of Die Varieties</em>, 2018) estimate that just 750 coins are extant in all grades.From the E. Horatio Morgan Collection.