1846-O Liberty Seated Silver Dollar. OC-1, the only known dies. Unc Details--Cleaned (PCGS).

Full mint luster in a bright, frosty to semi-reflective finish peers through an overlay of richly mottled olive and champagne-russet patina. Well struck for the issue with most features sharp, especially on the reverse. Wispy hairlines are noted, as well as fine pin scratches in the right obverse field. One of the most significant Liberty Seated silver dollars, the 1846-O was the first mintmarked silver dollar in United States coinage history. Produced in the South during a decade in which coins of this denomination saw considerable domestic circulation, many examples were also used in the export trade through New Orleans, the most important port in the Antebellum South and one of the largest in the country at that time. Coinage was at the request of contemporary bullion depositors (read: banks, merchants and other bullion brokers) and amounted to 59,000 pieces, most of which were struck from foreign silver coins deposited for recoinage. Virtually all 1846-O dollars became worn and were eventually lost through commercial use. There was no numismatic interest in them at the time of striking, and the few Mint State coins that have survived did so purely as a matter of chance.

PCGS# 6933. NGC ID: 24YH.

From the George Collection.

Estimate: $3000