The value of an 1851 silver dollar coin can vary greatly depending on its condition and whether it’s an original strike or a restrike.
- Rarity: These coins are considered very rare, with only 1,300 original pieces minted in Philadelphia, and far fewer existing today.
- Value:
– Circulated condition (e.g., Very Good-8): values start around $7,500.
– Uncirculated condition: can reach upwards of $35,000.
- Distinguishing an original from a restrike: The key difference lies in the date’s placement on the coin. Original strikes have the date placed higher than usual, while restrikes have a centered date.
- Value: Proof restrikes can sell for approximately $25,000 and up.
- Counterfeits: Many 1851 silver dollars have been counterfeited, especially those described as “Indian Head” dollars, which are Chinese-made trinkets and not authentic US coins.
- Professional Appraisal: If you believe you have an authentic 1851 silver dollar, it’s highly recommended to have it professionally graded and appraised by a reputable numismatic expert or coin dealer. They can help determine the coin’s authenticity, condition, and market value.
- Factors Affecting Value: The value of a Seated Liberty silver dollar depends on factors such as:
– Condition: Well-preserved coins are significantly more valuable.
– Rarity: Some dates and mintmarks are rarer and more desirable to collectors.
– Market Demand: Prices can fluctuate based on collector interest and demand.
Disclaimer: These are general estimates based on current market data, and actual values may vary. It’s crucial to consult with a professional for an accurate appraisal of your specific coin.
What is a 1851 silver dollar worth today?
1851 Seated Liberty Dollar Value
According to the NGC Price Guide, as of June 2025, a Seated Liberty Dollar from 1851 in circulated condition is worth between $35000 and $40000. However, on the open market 1851 Silver Dollars in pristine, uncirculated condition sell for as much as $150000.
How to tell if a coin is a Morgan silver dollar?
Good point! Beneath the eagle is a laurel wreath with a bow. On the left loop of the bow, Morgan again placed his signature, “M.” Mint marks, when present, are located below the wreath. With the design complete, history records that on March 11, 1878, the Morgan silver dollar first went into production at the Philadelphia Mint.