Price Guide for 1847 Dollar Variants
This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.
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3rd Party PriceCirculated: $3.75 – $7,600.00Uncirculated: $10.00 – $88,125.00
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eBayCirculated: $49.00 – $1,750.00Uncirculated: $105.27 – $8,455.00
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PCGS Price GuideCirculated: $250.00 – $3,000.00Uncirculated: $3,500.00 – $92,500.00
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3rd Party PriceUncirculated: $145.00 – $51,750.00
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eBayCirculated: $2,400.00Uncirculated: $8,500.00
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PCGS Price GuideUncirculated: $15,000.00 – $65,000.00
Design and Specifications of the 1847 Dollar
The 1847 Seated Liberty Dollar was part of the long-running Seated Liberty series, which began in 1836 and continued until 1873. This coin represents a significant period in American numismatic history, as it was minted during the era of westward expansion and just before the California Gold Rush, which would dramatically impact the nation’s economy and coinage.
| Weight | 26.73 grams |
|---|---|
| Diameter | 38.1 mm |
| Mint Marks | New Orleans (O), Philadelphia (no mint mark) |
| Composition | 90% silver, 10% copper |
| Obverse Design | Seated Liberty design, designed by Christian Gobrecht |
| Reverse Design | Heraldic eagle with shield, designed by Christian Gobrecht |
Rarity Factors and Value Drivers
The condition of an 1847 Dollar significantly impacts its value. Circulated examples are more common, but still valuable due to their silver content and historical significance. Uncirculated specimens, especially those grading MS65 or higher, are extremely rare and highly sought after by collectors.
The quality of the strike, presence of luster, and absence of major contact marks or scratches are crucial factors in determining the coin’s grade and value. Coins with original, undisturbed surfaces and attractive natural toning can command substantial premiums.
Mintage: 140,750
Rarity Scale: Scarce
Circulation Status: Limited Circulation
Preservation Rarity: Rare in grades MS65 and above
Varieties Errors: None significant
Market Demand: High, due to its historical significance and scarcity in high grades
Mintage: 59,000
Rarity Scale: Rare
Circulation Status: Limited Circulation
Preservation Rarity: Very rare in grades MS65 and above
Varieties Errors: None significant
Market Demand: High, particularly for well-preserved specimens
Several factors can influence the value of an 1847 Dollar beyond its condition:
1. Mint mark: The New Orleans (O) mint issue is rarer and generally more valuable than the Philadelphia issue.
2. Die varieties: While no major varieties are known for this year, subtle die differences can be of interest to specialized collectors.
3. Historical significance: As a pre-Civil War issue, this coin holds special appeal for collectors of early American coinage.
4. Provenance: Coins with a documented history of ownership, especially if linked to notable collections, can command higher prices.
5. Overall eye appeal: Coins with attractive, original surfaces and pleasing toning often sell for premiums above their technical grade.
