1860-O MS61 Seated Libery Dollar - Minneapolis - 500 dollars

1860-O MS61 dollar

PCGS #:

6950

Diameter:

38.10 millimeters

Designer:

Christian Gobrecht

Weight:

26.73 grams

Edge:

Reeded

Metal Content:

90% Silver, 10% Copper

Mintage: 515,000

Q. David Bowers (edited and updated by Mike Sherman): Following the production of an illustrious series of Liberty Seated pattern dollars in 1836, 1838 and 1839, the Liberty Seated style was first produced for large-scale circulating coinage in 1840. From then through 1865, coinage of the “No Motto” reverse type was continuous.

The design parallels that of other Liberty Seated issues, with Miss Liberty seated on a rock, holder in her left hand a liberty cap on a pole and with her right hand holding a shield inscribed LIBERTY. Thirteen stars are above, and the date is below. The reverse shows an eagle perched on an olive branch and holding three arrows, with united states OF AMERICA above and ONE DOL. below.

Within the 1840-1865 span there are a number of scarce and rare issues, with 1851, 1852 and 1858 designated as major rarities. Commoner issues are readily available in grades from Very Good through Extremely Fine, with most survivors being in Fine to Very fine grade. As silver dollars were not circulated as extensively as other denominations, few are seen in grades below Very Good. AU coins are available as are Uncirculated pieces, particularly 1859-O and 1860-O in the latter category (survivors from a small group of coins which came to light during the Treasury release of 1962). Superb Uncirculated pieces are rarities.

Proofs were first distributed to collectors in 1858 and are available from that date through 1865, although scattered earlier issues occasionally come on the market.

Terms and Conditions of Sale

We at Premium Quality Coin appreciate your business and will do our best to assure each and every transaction meets your expectations. We have been a full service retail coin store operating in the heart of Downtown Mpls since 1990. We feel that there is nothing better than a personal visit to our retail coin store but if you would like to place an order online, you can expect good communication, professional service, quality products, and a wide selection, in addition to one of the best guarantees in the business. We have outlined the terms of every sale below. If you have a question about any portion of our terms please call us to clarify before you order.

At Premium Quality Coin we accept all major credit cards, personal and business checks, and cashiers checks. All purchases made with credit cards or pay pal will be shipped within three business days; all other forms of payment will be shipped within ten business days.

Shipping charges are as follows: buyer agrees to pay the following shipping and handling charges for all purchases 0-$100 = $7.50, $101-$300 = $10.50, $301-$500 =$15.00,

501 No charge. All shipments are fully insured by USPS or Premium Quality Coin. All products are delivered FOB destination and will remain the property of Premium Quality Coin until they have been successfully signed for and delivered to the destination, at which time they become the full responsibility of the buyer.

I will not ship to countries where it is prohibited to do so. Please check with your customs department before bidding. All international orders cost $29, are shipped global express mail with $500 insured value per package, and are at the buyer’s risk. We do not guarantee international delivery all other arrangements should be made prior to bidding

Premium Quality Coin offers an unconditional return privilege on every purchase. Simply return an unwanted item for a refund of the purchase price. Returns of unacceptable certified coins must be postmarked within four days of receipt and uncertified coins must be postmarked within 7 days of receipt. Postage and insurance on all returned items is the responsibility of the buyer and is delivered to the seller, FOB destination. Items remain the responsibility of the shipper until delivered and signed for at the destination.

All minnesota residents will be charged a 7.75% sales tax on all purchases.