Toliverjamesrarecoins's 1870 Seated Dollar Choice Au++++! One Of A Kind! Best Ever! Super Rare! Nr #2700

This is Toliverjamesrarecoins's 1870 Seated Dollar Choice Au++++! One Of A Kind! Best Ever! Super Rare! Nr #2700, the grade on this item is Ungraded.

Seated Liberty Dollars were introduced in 1840 and were minted in larger quantities than the sparsely minted Gobrecht Dollar that preceded it. The dollars were used in general circulation until 1853. In 1853, the value of the silver was more than the face value of the coin. The coin was continued to be minted mainly as a trade coin to be used in the Orient.

This ended in 1870 when the price of silver lowered allowing the dollars to be placed back in normal circulation.

Each coin is composed of 0.77344 troy oz of silver. They were minted at Philadelphia, New Orleans, Carson City, and San Francisco.


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