1850 Liberty Seated Silver Dollar. OC-1. Rarity-3. Repunched Date. MS-60 (PCGS). This is a brilliant and flashy example from this low mintage issue, sporting rings of bronze and teal patina at the rims. Significant reflectivity shimmers throughout the fields, contrasting the more richly frosted design elements. A few faint hairlines are noted on the obverse but the eye appeal remains strong for the assigned grade. Long recognized as one of the more elusive issues in the Liberty Seated silver dollar series, just 7,500 circulation strikes of the 1850 were made. This is the lowest yearly output from either the Philadelphia or New Orleans mints since the introduction of the Liberty Seated design in 1840. With silver dollars coined at the request of bullion depositors during that era, and the price of silver relative to gold rising due to the vast quantities of gold being mined in California, it makes sense that little silver bullion would have been deposited for coinage into dollars in 1850. Specialists Dick Osburn and Brian Cushing estimate that just 300 examples remain in all grades. While the persistent buyer can usually obtain a VF, EF or even AU example, few Mint State coins survived the tumultuous economic times of the decade leading up to the outbreak of the Civil War. Elusive in all Uncirculated grades, and very rare in Choice and Gem quality, a high grade 1850 silver dollar such as that offered here will have advanced collectors competing vigorously when this example crosses the auction block.
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