NOMISMA SCHOLA
Read the textbooks TextbooksRoutesColumnFilms & narration
Go deeper by course Courses
Verify with the coins CoinsGlossarySourcesPractice
Think with the patterns Patterns
About the school Start hereFacultyContactThe discipline
Admissions Sign in

Language

Seated Liberty dollar

1860 ・ silver ・ 19th century ・ United States Mint

Seated Liberty dollar(obverse)Seated Liberty dollar(reverse)
Coin: Christian Gobrecht, Image by Lost Dutchman Rare Coins / Public domain ・ Lost Dutchman Rare Coins for image, Christian Gobrecht for coin / Public domain(Wikimedia Commons)

Liberty, seated on a rock, holds up a shield bearing the legend LIBERTY and raises a cap on a pole. A Seated Liberty dollar dated 1860 — the standard silver dollar struck under the principle of bimetallism. Just then the silver mines of Nevada were raising their output, and Germany's move to the gold standard was about to press the world price of silver down. In 1873 a revision of the coinage law quietly took this standard silver dollar off the list of coins to be struck. Almost nobody paid the clause any attention at the time; a few years later it was called 'the Crime of 1873' and became a fire that burned through politics. A coin sitting still, not yet knowing that the age of silver was ending.

Diameter 38.1mm