1862 O Seated Liberty Dollar

1862 | O | Mintage: 2,349,443 | 90% Silver, 10% Copper

$190 – $88,200

Obverse

Reverse

The 1862 O Seated Liberty Dollar was minted at the New Orleans Mint with a mintage of 2,349,443. Values range from $190 in lower grades to $88,200 in top condition.

CoinValueDB Value Estimate

$98.00 – $88,200

Price History

SoldHigh BidFor SaleLast Asking PriceMoving Average

Avg: $9,629 High: $88,200 Low: $98 11 total data points

CoinValueDB Price Guide by Grade

CoinValueDB Price Guide by Grade
Grade	Value
Good (G-4)	$190
Very Good (VG-8)	$245
Fine (F-12)	$370
Very Fine (VF-20)	$485
Extremely Fine (EF-40)	$635
About Uncirculated (AU-50)	$1,100
Mint State (MS-60)	$1,700
Choice Mint State (MS-63)	$2,400
Gem Mint State (MS-65)	$10,500
Superb Gem+ (MS-67)	$88,200

About the Seated Liberty Dollar

The Seated Liberty Dollar debuted in 1840 to replace the Gobrecht Dollar. Christian Gobrecht designed the coin using the same motif he created for smaller denominations. The obverse shows Liberty seated on a rock, holding a pole with a liberty cap. The reverse features a heraldic eagle with wings spread. Gobrecht worked as the Chief Engraver at the Philadelphia Mint and earned the commission due to his long tenure and technical skill. In 1866, the Mint added the motto 'In God We Trust' to the reverse above the eagle. This change followed the Civil War and reflected a shift in national sentiment. The series ended in 1873 when the Coinage Act of 1873 removed the silver dollar from production. This act paved the way for the Trade Dollar, which the government designed specifically for commerce in Asia.

Coin Details

Designer: Engraved by Mint Engravers
Composition: 90% Silver, 10% Copper
Weight: 26.73
Diameter: 38.1
Edge: Reeded
Series: Seated Liberty (1836-1891)

Collecting Seated Liberty Dollar Coins

Focus on coins in Very Good or Fine condition to keep costs manageable for your budget. The 1846-O and 1859-S are expensive rarities, so start your collection with common dates like 1871 or 1872. Watch for cleaned or polished surfaces, as many of these silver coins lost their original luster to improper maintenance. Counterfeits exist for the key dates, so buy only coins graded by reputable third-party services like PCGS or NGC.

This series includes key dates — check individual coin pages for rarity details.

Frequently Asked Questions

What is a 1862 O Seated Liberty Dollar worth? +

A 1862 O Seated Liberty Dollar is worth between $190 and $88,200 depending on condition. Coins in higher grades (MS-65 and above) command significant premiums.

How many 1862 Seated Liberty coins were made? +

The New Orleans Mint produced 2,349,443 1862 Seated Liberty coins. Lower mintage numbers generally correlate with higher collector value.

Is the 1862 O Seated Liberty Dollar a key date? +

The 1862 O Seated Liberty Dollar is not considered a key date or semi-key date. However, condition is always important. A common-date coin in exceptional condition can still be quite valuable.

How much is an 1862-O Seated Liberty Dollar worth? +

A worn 1862-O Seated Liberty Dollar typically sells for $300 to $500. Coins in uncirculated condition command much higher prices, often exceeding $2,000 depending on the specific surface quality.

Is the 1862-O Seated Liberty Dollar rare? +

This coin is not considered rare in lower grades because of the high mintage of 2,349,443. It becomes scarce in high grades because the vast majority of these coins circulated heavily during the Civil War era.