1865 LIBERTY SEATED S$1, NO MOTTO PR68
NO MOTTO. SOLE HIGHEST GRADED! SUPERB TONING.
NGC Graded Higher:
About This Coin
Estimated total survivors in all grades: under 400-
Certified Population (in this grade): This example is the finest known.-
This has to be one of the finest examples of the Liberty Seated Dollar, with or without motto. Given the demand of this series,it is hard to imagine that a finer example exists than our present specimen. Coins of this superb nature have shown a propensity as a solid investment medium. On top of all the other attributes, this this coin is simply stunning! We can strongly recommend including this superlative example in your portfolio.
On April 11th of 1865 President Lincoln was assassinated at Ford’s Theater, a month before the official end to the Civil War. The president was invited to a showing of the hit British comedy, Our American Cousin, a show that the general public paid 75 cents per ticket to see. 1865 silver dollars, like the one offered here, were undoubtedly used to purchase some of those tickets and were present at one of the most shocking moments in US history.
The proof No Motto Seated Dollar series is one of the most difficult to collect in all of U.S. numismatics. From the series' inception in 1840 through 1858, the Mint did not record the number of proof coins struck each year. It is likely that very few examples were produced, particularly when one considers that there were hardly any numismatists active in the United States during the 1840s and 1850s. Although mintage figures increased markedly beginning in 1859, collector demand remained limited and many of the proofs struck from 1859 through 1865 were probably melted as unsold at year's end. The onset of the Civil War in 1861 resulted in considerable chaos in the Mint, reduced the already limited number of collectors and further contributed to the rarity of proof No Motto Dollars in today's market.