1852 LIBERTY SEATED S$1, RESTRIKE, NO MOTTO PR65
RESTRIKE. 35 STRUCK. ONLY ONE GRADED HIGHER. CAC.
About This Coin
#96 in the "Greatest 100 U.S. Coins" book
1852 LIBERTY SEATED - TYPE 3 $1
In 1852, forty-four people in the northern Oregon Territory meet at what is called the Monticello Convention. In this convention, the men decide to form a separate government north of the Columbia River, creating the Washington Territory. This 1852 silver dollar recalls the creation of a territory that would eventually become the state of Washington.
The proof No Motto Seated Dollar series is one of the most difficult to collect in all of U.S. numismatics. From the series' inception in 1840 through 1858, the Mint did not record the number of proof coins struck each year. It is likely that very few examples were produced, particularly when one considers that there were hardly any numismatists active in the United States during the 1840s and 1850s. Although mintage figures increased markedly beginning in 1859, collector demand remained limited and many of the proofs struck from 1859 through 1865 were probably melted as unsold at year's end. The onset of the Civil War in 1861 resulted in considerable chaos in the Mint, reduced the already limited number of collectors and further contributed to the rarity of proof No Motto Dollars in today's market.