1850 Liberty Seated Silver Dollar. OC-1. Top 30 Variety. Rarity-3. Repunched Date. MS-62+ (NGC). A moderately toned and exceptional example of this key date silver dollar issue. Satiny devices are sharply to fully struck and contrast somewhat with semi-reflective fields. Solidly in the Mint State category, and sure to catch the eye of astute bidders. <p>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. 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. We encourage interested parties to enter strong bids for this significant rarity for, once sold, it may be quite some time before an equivalent example presents itself. PCGS# 6937. NGC ID: 24YM.
