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Liberty Seated Coinage:Liberty Seated Coinage:
A Collector’s Overview A Collector’s Overview
August 10, 2010August 10, 2010
Bill BugertBill Bugert
22
BasicBasic Liberty Seated Design Liberty Seated DesignMinted 1837-1891Minted 1837-1891
Designed by Christian GobrechtDesigned by Christian Gobrecht
½ dimes and dimes – ½ dimes and dimes – wreath and laurel, legend, wreath and laurel, legend, and denominationand denomination
Later wreath of agricultural Later wreath of agricultural productsproducts
Other denominations – Other denominations – eagle with shield, olive eagle with shield, olive branch, and arrowsbranch, and arrows
Goddess LibertyGoddess Liberty• In a flowing dressIn a flowing dress• Seated on rockSeated on rock
Shield symbolizes defenseShield symbolizes defense Pole with cap symbolizing Pole with cap symbolizing
freedomfreedom 13 stars = 13 colonies13 stars = 13 colonies
33
Many Liberty Seated Design Many Liberty Seated Design Variations (Types)Variations (Types)
Flying eagle in field of Flying eagle in field of stars/no starsstars/no stars
With/without Gobrecht’s With/without Gobrecht’s namename
Stars/no stars obverseStars/no stars obverse Drapery/no drapery below Drapery/no drapery below
Liberty’s elbowLiberty’s elbow Large rock Large rock
support/reduced rock support/reduced rock supportsupport
2 or 3 vertical obverse 2 or 3 vertical obverse shield stripesshield stripes
6, 9, 10 horizontal stripes 6, 9, 10 horizontal stripes on reverse shieldon reverse shield
Tilted/upright obverse Tilted/upright obverse shieldshield
Eagle, wreath & Laurel, Eagle, wreath & Laurel, agricultural reverseagricultural reverse
Minutes hub variations – Minutes hub variations – open/closed claws, open/closed claws, open/closed budsopen/closed buds
Arrows/no arrows at dateArrows/no arrows at date Outstretching rays on Outstretching rays on
reversereverse Motto/no MottoMotto/no Motto Stars obverse, legend Stars obverse, legend
obverseobverse Small/large stars on Small/large stars on
obverseobverse
44
For the Die Hard Collectors!For the Die Hard Collectors! Countless die marriages and interesting Countless die marriages and interesting
varietiesvarieties• Double dies, double dates, misplaced dates, Double dies, double dates, misplaced dates,
repunched dates, repunched mintmarks, etc.repunched dates, repunched mintmarks, etc.• Half DollarsHalf Dollars
San Francisco – 1855-1878, 230 die marriagesSan Francisco – 1855-1878, 230 die marriages Carson City – 1870-1878, 97 die marriagesCarson City – 1870-1878, 97 die marriages New Orleans – 1840-1861, 417 die marriagesNew Orleans – 1840-1861, 417 die marriages Philadelphia – 1839-1891, 1,000+ die marriagesPhiladelphia – 1839-1891, 1,000+ die marriages These totals don’t include the reed count variations!These totals don’t include the reed count variations!
55
Food for Thought!Food for Thought! Plenty in the Liberty Seated series to spark Plenty in the Liberty Seated series to spark
your collector interestyour collector interest Collect by:Collect by:
• TypeType• DenominationDenomination• Date setDate set• VarietiesVarieties
Complete setComplete set Specific numberSpecific number Date, Mint, etc.Date, Mint, etc.
• What’s popular or what’s unpopularWhat’s popular or what’s unpopular• Attractive coinsAttractive coins• BudgetBudget
66
Christian Gobrecht (1785-1844)Christian Gobrecht (1785-1844)
1785: Born in Hanover, PA 1785: Born in Hanover, PA (South-central PA)(South-central PA)
Clockmaker, inventor, Clockmaker, inventor, diemaker, engraverdiemaker, engraver
1811: Moved to Philadelphia 1811: Moved to Philadelphia 1823: Applied for Chief 1823: Applied for Chief
EngraverEngraver 1835-1840: Second Engraver1835-1840: Second Engraver 1840-1844: Chief Engraver1840-1844: Chief Engraver Patterns, medals, regular Patterns, medals, regular
issue Liberty Seated coinageissue Liberty Seated coinage
77
Gobrecht’s Birthplace and GraveGobrecht’s Birthplace and Grave
Trinity United Church of Christ parking lot, Hanover, PA
Site of the old Emmanuel Church
Lawnview Memorial Park, Rockledge, PA
88
1830s: Evolution of the 21830s: Evolution of the 2ndnd US Mint US Mint
“The inadequacy of the present accomodationsof the Mint has become so obvious and the unsightly aspect which the buildings present is so little suitable to its character as a National Institution….”
---Mint Director Samuel Moore, 1828
First United States Mint in Philadelphia,7th Street & Sugar Alley, c. 1854
1833: Second U.S. Mint opens in Philadelphia at Chestnut/JuniperStreets
99
Changes in Minting TechnologyChanges in Minting Technology(Coincidental with change from bust to seated design)(Coincidental with change from bust to seated design)
1833 - 1835: Franklin Peale tours Europe, 1833 - 1835: Franklin Peale tours Europe, brings back latest minting technologybrings back latest minting technology
1836: Portrait lathe introduced; engravers 1836: Portrait lathe introduced; engravers now working with clay/wax models instead now working with clay/wax models instead of die steelof die steel
1836: Steam press replaces manual screw 1836: Steam press replaces manual screw press for minting coinspress for minting coins
1840: Compound date punches used1840: Compound date punches used
1010
Bust/Seated TransitionBust/Seated Transition
1840-O WB-101, reverse of Bust half (obverse matched to O-mint regular dies)
1111
Bust/Seated TransitionBust/Seated Transition
1212
Establishment of the Establishment of the New Orleans New Orleans Branch MintBranch Mint
Southern territorial gold dating in 1830’sSouthern territorial gold dating in 1830’s Southern Branch mints (New Orleans, Southern Branch mints (New Orleans,
Charlotte, Dahlonega) enacted in 1835 in Charlotte, Dahlonega) enacted in 1835 in response to southern gold mining and response to southern gold mining and increasing commerce through New increasing commerce through New Orleans Orleans
Built in 1837, Liberty Seated coinage Built in 1837, Liberty Seated coinage began with half dimes and dimes in 1838began with half dimes and dimes in 1838
1313
1838-O Dime1838-O Dime
1414
San FranciscoSan FranciscoBranch MintBranch Mint
1848 - Gold discovered at 1848 - Gold discovered at Sutter’s Mill near Coloma, CASutter’s Mill near Coloma, CA
Influx of prospectors - Influx of prospectors - thriving economythriving economy
No No nearbynearby source of source of legallegal circulating coinagecirculating coinage
1852 - Congress authorized 1852 - Congress authorized SF Branch MintSF Branch Mint
1854 - Dies received1854 - Dies received Silver coinage commenced in Silver coinage commenced in
1855 thru 1891 for Liberty 1855 thru 1891 for Liberty Seated designSeated design
1515
Early SF Coinage:Early SF Coinage:1855-S Branch Mint Proof 50c1855-S Branch Mint Proof 50c
DLRC Richmond III 3/2005:1797 3 known
1616
Early SF Coinage: 1856-S/s 25cEarly SF Coinage: 1856-S/s 25c
Stack’s 2007
ANA8/2007:525, NGC AU58
$40,000
1717
1850s Types: 1853 A&R Quarter1850s Types: 1853 A&R Quarter
1818
Civil War Coinage: 1861-O “Confederate” Half DollarCivil War Coinage: 1861-O “Confederate” Half Dollar
Diagnostic: die crack to from rim to Liberty’s nose (WB-102)
See also: R. Wiley, GJs #94, 97
1919
With Motto CoinageWith Motto Coinage
Precipitated by the horrors seen in the Precipitated by the horrors seen in the Civil War and American belief in GodCivil War and American belief in God
Initially adopted by Congress on the Two Initially adopted by Congress on the Two Cent piece in 1864Cent piece in 1864• Related pattern coinage beginning in 1861Related pattern coinage beginning in 1861
The Act of March 3, 1865 mandated that The Act of March 3, 1865 mandated that all silver and gold coins of sufficient size all silver and gold coins of sufficient size bear the motto, bear the motto, In God We Trust
2020
With Motto CoinageWith Motto Coinage::1870-CC Half Dollar1870-CC Half Dollar
2121
Carson City Carson City Branch MintBranch Mint
1859 - Discovery of the Comstock Lode led to a large 1859 - Discovery of the Comstock Lode led to a large amount of gold and silver bullion being mined in the areaamount of gold and silver bullion being mined in the area
1864 - CC Nevada assay office authorized by Congress1864 - CC Nevada assay office authorized by Congress 1866 - Construction began1866 - Construction began 1869 - Building completed; dies shipped1869 - Building completed; dies shipped 1870 - Coinage began1870 - Coinage began 1870 - 1878 - Liberty Seated silver coinage 1870 - 1878 - Liberty Seated silver coinage 1870 - 1873 - Carson City silver coinage often found with 1870 - 1873 - Carson City silver coinage often found with
porous surfaces (coin planchets procured locally)porous surfaces (coin planchets procured locally)
2222
Carson City Coinage: 1870-1893Carson City Coinage: 1870-1893
2323
Carson City Coinage: 1873-CC 10cCarson City Coinage: 1873-CC 10c
2424
Expanding Silver CoinageExpanding Silver Coinage
Specie Payment Redemption Act of Specie Payment Redemption Act of January 1875 declared that large January 1875 declared that large quantities of silver coinage be issued quantities of silver coinage be issued to redeem fractional paper moneyto redeem fractional paper money• U.S. Mint purchased large quantities of silver U.S. Mint purchased large quantities of silver
bullion in 1875 and 18bullion in 1875 and 187676 Increased quantities of 10Increased quantities of 10¢, 25¢, and ¢, 25¢, and
50¢ minted at all mints50¢ minted at all mints
2525
Expanding Silver Coinage: 1876-S 25cExpanding Silver Coinage: 1876-S 25c
2626
Late Date Seated CoinageLate Date Seated Coinage
Bland-Allison Act of 1878 mandated Bland-Allison Act of 1878 mandated that the U.S. Treasury purchase $2M that the U.S. Treasury purchase $2M - $4M of silver bullion each month for - $4M of silver bullion each month for coining silver dollarscoining silver dollars
Sec. Treasurer John Sherman Sec. Treasurer John Sherman suspended production of subsidiary suspended production of subsidiary coinage in Feb. 1878coinage in Feb. 1878
Reduced production of minor coinageReduced production of minor coinage
2727
Late Date Seated Coinage: 1881 QuarterLate Date Seated Coinage: 1881 Quarter
Liberty Seated Liberty Seated DenominationsDenominations
OverviewOverview
2828
2929
Liberty Seated Half DimesLiberty Seated Half Dimes
Minted from 1837-1873 at 3 Mints Minted from 1837-1873 at 3 Mints (P,O,S)(P,O,S)
Type coinsType coins• No Obverse Stars (1837-1838)No Obverse Stars (1837-1838)• Obverse Stars, No Drapery (1838-1840)Obverse Stars, No Drapery (1838-1840)• Obverse Stars, With Drapery (1840-1853 Obverse Stars, With Drapery (1840-1853
and 1856-1859)and 1856-1859)• With Arrows at Date (1853-1855)With Arrows at Date (1853-1855)• With Obverse Legend (1860-1873)With Obverse Legend (1860-1873)
3030
Liberty Seated Half DimesLiberty Seated Half Dimes
Complete Complete business strike setbusiness strike set contains 70 coinscontains 70 coins
Difficulty level: ChallengingDifficulty level: Challenging Key coins: 1846, 1853-O No Arrows, Key coins: 1846, 1853-O No Arrows,
1863, 1864, 1865, 1866 and 18671863, 1864, 1865, 1866 and 1867
3131
Liberty Seated Half DimesLiberty Seated Half Dimes
Die variety collecting becoming more Die variety collecting becoming more popularpopular
The Complete Guide to Liberty Seated Half DimesAl Blythe, DLRC Press 1992
3232
Liberty Seated DimesLiberty Seated Dimes
Minted from 1837-1891 at 4 MintsMinted from 1837-1891 at 4 Mints Type coinsType coins
• No Obverse Stars (1837-1838)No Obverse Stars (1837-1838)• Obverse Stars, No Drapery (1838-1840)Obverse Stars, No Drapery (1838-1840)• Obverse Stars, With Drapery (1840-1853 Obverse Stars, With Drapery (1840-1853
and 1856-1860)and 1856-1860)• With Arrows at Date (1853-1855)With Arrows at Date (1853-1855)• With Obverse Legend (1860-1873 and With Obverse Legend (1860-1873 and
1875-1891)1875-1891)• With Arrows at Date (1873-1874)With Arrows at Date (1873-1874)
3333
Liberty Seated DimesLiberty Seated Dimes
Complete Complete business strike setbusiness strike set contains 114 coinscontains 114 coins
Difficulty level: Extremely Difficulty level: Extremely challengingchallenging
Key coins: 1844, 1846, 1856-S, 1858-Key coins: 1844, 1846, 1856-S, 1858-S, 1859-S, 1860-O, 1863, 1864, S, 1859-S, 1860-O, 1863, 1864, 1865, 1866, 1867, 1870-S, 1871-CC, 1865, 1866, 1867, 1870-S, 1871-CC, 1872-CC, 1873-CC, 1874-CC, and 1872-CC, 1873-CC, 1874-CC, and 1885-S1885-S
3434
Liberty Seated DimesLiberty Seated Dimes
Die variety collecting is popularDie variety collecting is popular
Encyclopedia of United States Liberty Seated Dimes, 1837-1891Kamal M. Ahwash, Kamah Press 1977
The Complete Guide to Liberty Seated DimesBrian Greer, DLRC Press 1992
Fortin Liberty Seated Dime Web BookGerry Fortin, http://www.seateddimevarieties.com
3535
Liberty Seated Twenty CentsLiberty Seated Twenty Cents
Minted from 1875-1878 at 3 Mints (P,S,CC)Minted from 1875-1878 at 3 Mints (P,S,CC) 1877 and 1878 coins are all proofs1877 and 1878 coins are all proofs One type coin for seriesOne type coin for series Complete Complete business strike setbusiness strike set contains 4 coins, contains 4 coins,
excluding the super rarity of 1876-CCexcluding the super rarity of 1876-CC Difficulty level: EasyDifficulty level: Easy Complete Complete proof setproof set contains 4 coins contains 4 coins Difficulty level: AttainableDifficulty level: Attainable No bookNo book on series on series Series not popularSeries not popular
3636
Liberty Seated QuartersLiberty Seated Quarters Minted from 1838-1891 at 4 Mints Minted from 1838-1891 at 4 Mints
(P,O,S,CC)(P,O,S,CC) Type coinsType coins
• No Drapery on Obverse (1838-1840)No Drapery on Obverse (1838-1840)• With Drapery on Obverse (1840-1853 With Drapery on Obverse (1840-1853
and 1856-1865)and 1856-1865)• With Arrows and Rays (1853)With Arrows and Rays (1853)• With Arrows (1854-1855)With Arrows (1854-1855)• With Motto on Reverse (1866-1873 and With Motto on Reverse (1866-1873 and
1875-1891)1875-1891)• With Arrows (1873-1874)With Arrows (1873-1874)
3737
Liberty Seated QuartersLiberty Seated Quarters Complete Complete business strikebusiness strike set contains set contains
108 coins108 coins Difficulty level: Extremely challengingDifficulty level: Extremely challenging Grade Rarity: 1859-S, 1861-SGrade Rarity: 1859-S, 1861-S Key coins: 1849-O, 1851-O, 1852-O, Key coins: 1849-O, 1851-O, 1852-O,
1853 No Arrows, 1860-S, 1864-S, 1853 No Arrows, 1860-S, 1864-S, 1866, 1869, 1870-CC, 1871-CC, 1871-1866, 1869, 1870-CC, 1871-CC, 1871-S, 1872-CC, 1872-S, 1873-CC, 1878-S, S, 1872-CC, 1872-S, 1873-CC, 1878-S, 1884, 1886, 1887, and 1891-O1884, 1886, 1887, and 1891-O
3838
Liberty Seated QuartersLiberty Seated Quarters
Die variety collecting is becoming Die variety collecting is becoming more popularmore popular
The Comprehensive The Comprehensive EncyclopediaEncyclopediaOf United States Liberty Seated Of United States Liberty Seated QuartersQuarters Larry Briggs, Larry Briggs Rare Larry Briggs, Larry Briggs Rare Coins, 1991Coins, 1991
3939
Liberty Seated Half DollarsLiberty Seated Half Dollars Minted from 1838-1891 at 4 Mints Minted from 1838-1891 at 4 Mints
(P,O,S,CC)(P,O,S,CC) Type coinsType coins
• No Drapery on Obverse (1839)No Drapery on Obverse (1839)• With Drapery on Obverse, No Motto With Drapery on Obverse, No Motto
(1839-1853 and 1856-1866)(1839-1853 and 1856-1866)• With Arrows and Rays (1853)With Arrows and Rays (1853)• With Arrows (1854-1855)With Arrows (1854-1855)• With Motto on Reverse (1866-1873 and With Motto on Reverse (1866-1873 and
1875-1891)1875-1891)• With Arrows (1873-1874)With Arrows (1873-1874)
4040
Liberty Seated Half DollarsLiberty Seated Half Dollars Complete Complete business strikebusiness strike set set
contains 112 coinscontains 112 coins Difficulty level: Very challengingDifficulty level: Very challenging Key coins: 1850, 1851, 1852, 1855-S, Key coins: 1850, 1851, 1852, 1855-S,
1866-S No Motto, 1870-CC, 1871-CC, 1866-S No Motto, 1870-CC, 1871-CC, 1873-CC No Arrows, 1874-CC, 1878-1873-CC No Arrows, 1874-CC, 1878-CC, 1878-SCC, 1878-S
Super raritiesSuper rarities• 1853-O NA - 3 known1853-O NA - 3 known• 1866 No motto - Unique1866 No motto - Unique
4141
Liberty Seated Half DollarsLiberty Seated Half Dollars
Die variety collecting is very popularDie variety collecting is very popular
The Complete Guide to The Complete Guide to Liberty Seated Half DollarsLiberty Seated Half DollarsRandy Wiley & Bill Bugert, Randy Wiley & Bill Bugert, DLRC Press, 1993DLRC Press, 1993
New Book – May 2009SF Branch Mint Die VarietiesBy Bill Bugert
New Book – May 2010CC Branch Mint Die VarietiesBy Bill Bugert
4242
Liberty Seated DollarsLiberty Seated Dollars Minted from 1840-1873 at 4 Mints Minted from 1840-1873 at 4 Mints
(P,O,S,CC)(P,O,S,CC) Type coinsType coins
• No Motto (1840-1865)No Motto (1840-1865)• With Motto (1866-1873)With Motto (1866-1873)
Complete Complete business strikebusiness strike set set contains 43 coinscontains 43 coins
Difficulty level: Very challengingDifficulty level: Very challenging Key coins: 1851, 1852, 1854, 1855, Key coins: 1851, 1852, 1854, 1855,
1861, 1862, 1870-CC, 1870-S, 1871-1861, 1862, 1870-CC, 1870-S, 1871-CC, 1872-CC, and 1873-CCCC, 1872-CC, and 1873-CC
4343
Liberty Seated DollarsLiberty Seated Dollars
1858 is a proof only issue that is 1858 is a proof only issue that is highly valuedhighly valued
Die variety collecting is not popularDie variety collecting is not popular
Silver Dollars and Trade Dollars of the United States (Volume One)Q. David Bowers, Bowers and Merena Galleries, 1993
4444
Trade DollarsTrade Dollars
Thematic Liberty Seated Thematic Liberty Seated influenced design by influenced design by William BarberWilliam Barber
Issued for circulation in Issued for circulation in the Orientthe Orient
Minted from 1873-1885Minted from 1873-1885 1879-1885 are proofs 1879-1885 are proofs
onlyonly One type coin for seriesOne type coin for series
4545
Trade DollarsTrade Dollars
Complete Complete business strikebusiness strike set set contains 17 coinscontains 17 coins
Difficulty level: AttainableDifficulty level: Attainable Key coin: 1878-CCKey coin: 1878-CC 1884 and 1885 proofs are extreme 1884 and 1885 proofs are extreme
raritiesrarities
4646
Trade DollarsTrade Dollars Die variety collecting is becoming more Die variety collecting is becoming more
popularpopular Chopmarked (counter-stamped Oriental Chopmarked (counter-stamped Oriental
characters) collecting is also becoming characters) collecting is also becoming more popularmore popular
Modern Chinese counterfeitsModern Chinese counterfeitsSilver Dollars and Trade Dollars of the United States (Volume One)Q. David Bowers, Bowers and Merena Galleries, 1993
The United StatesTrade DollarJohn Willem, Whitman Publishing,1965
4747
ResourcesResources
4848
Liberty Seated Collectors Club (LSCC)Liberty Seated Collectors Club (LSCC)
Dues are $20 per year. Three issues of The Gobrecht Journal are published annually.
Web Site: http://www.lsccweb.org
John McCloskey, President and Editor:
Club Memberships:
Len Augsburger
Secretary-Treasurer LSCC
P.O. Box 6114, Vernon Hills, IL 60061
4949
Additional ResourcesAdditional Resources
Walter Breen, Walter Breen, Complete Encyclopedia of Complete Encyclopedia of U.S. and Colonial CoinsU.S. and Colonial Coins, 1988, 1988
Don Taxay, Don Taxay, U.S. Mint and CoinageU.S. Mint and Coinage, 1966, 1966
Neil Carothers, Neil Carothers, Fractional MoneyFractional Money, 1930, 1930
Gobrecht Journal, Collective Volumes 1-5Gobrecht Journal, Collective Volumes 1-5
5050
Electronic ResourcesElectronic Resources E-GobrechtE-Gobrecht
• Free monthly electronic newsletter available to allFree monthly electronic newsletter available to all• 2006 and 2008 ANA “Best Electronic Publication”2006 and 2008 ANA “Best Electronic Publication”• Subscribe via Bill Bugert at Subscribe via Bill Bugert at [email protected]@earthlink.net
LSCC WebsiteLSCC Website• http://www.lsccweb.org• Gobrecht Journal index, issues #1 - #99Gobrecht Journal index, issues #1 - #99• Free chat boardFree chat board• E-Gobrecht archivesE-Gobrecht archives
Fortin Seated Dime Web-BookFortin Seated Dime Web-Book• http://www.seateddimevarieties.com
5151
AcknowledgementsAcknowledgements
Len AugsburgerLen Augsburger Q. David Bowers, Stack’sQ. David Bowers, Stack’s Christine Karstedt, Stack’sChristine Karstedt, Stack’s Jeremy KatzJeremy Katz Steven LiuSteven Liu John McCloskey, President LSCCJohn McCloskey, President LSCC Heritage GalleriesHeritage Galleries Rory ReaRory Rea