1887 LIBERTY SEATED 50C, MOTTO MS67 Proof Like

LOVELY TONING. ONLY 5,000 STRUCK. JUST A MS67+ GRADED HIGHER
Grading Service: NGC
SKU: 127865
Cert Number: 3319249016
$18,000.00**
$12,500.00

1887 LIBERTY SEATED - TYPE 5 50C

In 1887, William M. Singerly funded the construction of a 2,200 foot long toboggan slide in Fairmount Park, Philadelphia. Could this 1887 half dollar, minted in Philadelphia, have been among the funds given to create the massive slide?

Congress intended the Mint Act of February 12, 1873 to serve as a general oevrhaul of the nation's coinage system.  Among its results were the demise of the Three-Cent Silver and the Half Dime and the introduction of the Trade Dollar in place of the standard Silver Dollar.  Effects in the Half Dollar series were less profound and confined to a slight weight increase from 12.44 grams to 12.50 grams.  This was apparently done to make United States coinage conform more closely to the metric system.

Once again, Mint officials felt that a special feature was needed to distinguish the new coinage from its lighter-weight predecessor.  Harkening back to the early 1850s, arrows were placed at the date beginning in February of 1873 and continuing through 1874.  Coinage of business strike Half Dollars of the Arrows, Motto type was accomplished primarily at the Philadelphia Mint, although the Carson City and San Francisco facilities also contributed limited mintages.

**Source: NGC Price Guide. Although we try to be as accurate as possible on the listed population, third party pricing and coin information, information constantly changes. We suggest you verify all information.