1848 is a date in the Liberty Seated dollar series thatís in demand because of its relatively low
mintage. We feel that itís been an underrated issue for many years. With a mintage ranking of
14th out of 46 the date is scarce, but not rare. It can be found with patient searching, but may
be more difficult to locate than its pricing would indicate. Mint state examples are rare, but
even lower grades are scarce. Problem-free low-grade examples, F12 or lower, are very rare.
In mint state grades 1848 is one of the rarest coins in the series. The finest known example is a
single MS66 coin graded by PCGS. This coin grades a full two points above two examples that are
tied for 2nd finest at MS64. PCGS has graded those two coins, plus 7 more in MS63, one of those
graded MS63+. The highest graded at NGC are two MS63 examples. Both services combined have graded
35 mint state coins. Population statistics are as of January, 2019.
The finest known proof is a single PR67 graded by NGC, the Kaufman coin. They have graded one
additional coin at the PR66 level, and five in PR64. The highest graded PCGS coin is PR63. A total
of 16 coins have been graded proof by both services. Two of the 16 are lightly circulated. Several
of these almost certainly represent re-submissions.
|Mintage ||15,000 |
|Proof mintage ||25-35 estimated |
|Mintage ranking ||14th |
|Finest known ||MS66|
|Known obverse dies ||2 |
|Known reverse dies ||2 |
|Known die marriages ||2 |
|Most common die marriage ||OC-1/ R2 |
|Rarest business strike die marriage||OC-1/ R2 |
|Rarest proof die marriage ||OC-P1 / R6+ |