The 1870 Seated Liberty silver dollars have value as numismatic coins. Keep reading to learn more about these coins.
Specifications
Type: Seated Liberty Dollar
Year: 1870
Face Value: $1.00
Composition: 90% silver, 10% copper
Silver Weight: .77344 oz.
Total Weight: 26.73 grams
Current Silver Bullion Value: $22.92
The US minted the 1870 silver dollar with no mint mark and also the 1870 CC silver dollar and 1870 S silver dollar. The mint mark, when present, can be found on the reverse side of the coin below the eagle.
| Series | Location | Quantity Minted |
|---|---|---|
| 1870 | Philadelphia | 415,000 |
| 1870 CC | Carson City | 11,758 |
| 1870 S | San Francisco | ---- |
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $22.92. This melt value is calculated from the current silver spot price of $29.63 per ounce.
The 1870 silver dollar with no mint mark is worth around $425 in very good condition. In very fine condition the value is around $600. In extremely fine condition the value is around $750. In uncirculated condition the price is around $2,250 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $4,500.
The 1870 CC silver dollar is worth around $2,150 in very good condition. In very fine condition the value is around $4,000. In extremely fine condition the value is around $6,500. In uncirculated condition the price is around $25,000 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $45,000.
The 1870 S silver dollar is extremely rare. This coin is worth around $250,000 in very good condition. In very fine condition the value is around $500,000. In extremely fine condition the value is around $600,000. In uncirculated condition the price is around $1,750,000 for coins with an MS 60 grade.
Proof coins with no mint mark are available and they are each valued at around $3,800 in PR 63 condition. There were 1,000 proof coins minted.
Grading System
Very good- The word "LIBERTY" on the shield is mostly complete.
Very fine- The word "LIBERTY" on the shield is strong but the ribbon shows slight wear.
Extremely fine- The horizontal lines on the shield are distinct. The eagle's eye is plain.
MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.
PR 63 proof- This coin has reflective surfaces and only a few blemishes away from the major focal points. There are no major flaws.
Sources:
The Red Book
See also: