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1842

Dollars · Seated Liberty Dollars · 1840–1873
Regular
Weight26.73 g
Diameter38.1 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 184,618
EdgeReeded
Alignment↑↓ Coin
Composition90% Silver, 10% Copper
DesignerChristian Gobrecht
Collector's Key IDCK-4514

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About this coinHistory

The 1842 Seated Liberty Dollar runs to 184,618 pieces at the Philadelphia Mint, the largest mintage of the early 1840-1844 Seated Dollar group and a continuation of the production scale-up that began in 1841. The 1842 carries the standard Christian Gobrecht obverse and the No Motto reverse that defines the series through 1865. The silver dollar at this point served primarily as a banking and export coin, with relatively few of the 184,618 pieces entering everyday domestic circulation; this distribution pattern shaped the survival profile that collectors encounter today.

Strike quality on the 1842 is generally above average for the date, with Liberty's head, the seated figure's drapery, and the eagle's central feathers coming up cleanly on most early-die-state coins. Most surviving 1842 Seated Dollars grade VF to AU from limited domestic circulation and banking use through the 1840s and 1850s, with PCGS, the Professional Coin Grading Service, and NGC populations clustering at EF and AU. Mint State examples are scarce above MS62 and condition rare at MS65 and above. Civil War-era melting and hoarding reduced surviving Mint State populations across all early Seated Dollars including the 1842.

The 1842 is a regular common date for the early Seated Dollar series and one of the most accessible early-1840s issues at mid-grade. Pricing trades at the standard early Seated Dollar level at most grades with no meaningful premium over the adjacent 1841 and 1843 dates. The 1842 pairs with the 1841 and 1843 as the matched early-1840s Philadelphia trio at the regular pricing tier. Authentication concerns center on cleaning, polishing, and rim damage from circulation; certified slabs from PCGS or NGC are the standard purchase route at higher grades. Modern Seated Dollar collecting interest centers on the Carson City branch-mint subset, the 1851-1852 Key Date pair, the 1858 proof-only year, and the legendary 1870-S unique-class rarity that together define the apex of the Seated Dollar collecting landscape. For the Christian Gobrecht design context and the broader Seated Dollar production history, see the Seated Liberty Dollar series history.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
G-4 Good (G) $315 $365
VG-8 Very Good (VG) $355 $410
F-12 Fine (F) $395 $455
VF-20 Very Fine (VF) $445 $515
EF-40 Extremely Fine (EF) $635 $735
AU-50 About Uncirculated (AU) $840 $970
MS-60 Uncirculated (MS) $2,035 $2,350
MS-63 Choice Uncirculated (MS) $5,845 $6,190
Frequently Asked QuestionsFAQ
How much is a 1842 Seated Liberty Dollar worth?
In Good condition it runs about $315–$365, rising to roughly $2,035–$2,350 in Uncirculated. These are reference values, not an appraisal.
How many 1842 Seated Liberty Dollars were minted?
184,618 were struck.
What is a 1842 Seated Liberty Dollar made of?
90% Silver, 10% Copper, weighing 26.73 g.
What is the melt value of a 1842 Seated Liberty Dollar?
Its melt value is its metal content multiplied by the current spot price. See our melt calculator on the metals pages for a live figure.
Is the 1842 Seated Liberty Dollar a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.