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1842 Proof

Dollars · Seated Liberty Dollars · 1840–1873
Regular Proof
Weight26.73 g
Diameter38.1 mm
MintPhiladelphia
StrikeProof
Mintage 184,618
EdgeReeded
Alignment↑↓ Coin
Composition90% Silver, 10% Copper
DesignerChristian Gobrecht
Collector's Key IDCK-4515

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About this coinHistory

The 1842 Seated Liberty Dollar Proof is the third-year proof of the regular-issue series, struck at the Philadelphia Mint as a small presentation issue. The Mint did not separately document early Seated Dollar proof mintages, and estimates for 1842 Proof production range from approximately 15 to 25 pieces; the live page mintage of 184,618 reflects the circulation-strike figure rather than the proof mintage. The 1842 Proof carries the standard Christian Gobrecht obverse and the No Motto reverse that defines the early series through 1865.

Authentication of an 1842 Seated Dollar Proof requires careful examination of strike quality, mirrored field character, and surface preservation under five to ten power magnification alongside documented pedigree. The 1842 Proof shows fully struck Liberty drapery, sharp eagle feather definition, and deep mirror fields that distinguish formal proof production from business-strike prooflike examples. PCGS, the Professional Coin Grading Service, and NGC apply rigorous standards for early Seated Dollar Proof authentication, with pedigree documentation accompanying confirmed examples. Cameo and Deep Cameo designations are very scarce within the small surviving population.

The 1842 Seated Dollar Proof is a regular-classification proof entry on this site under the standard catalog convention for Seated Dollar proofs, with the trophy-tier rarity reflected in the prose rather than the badge tier. The 1842 Proof pairs with the broader 1840 through 1850 P-mint proof sequence as the matched early Seated Dollar proof production set. Auction records for confirmed 1842 Proof examples reach five figures for mid-grade examples. Modern Seated Dollar proof collecting interest concentrates on the matched type sets (No Motto 1840-1865 vs With Motto 1866-1873) and the restrike issues that document mid-century Mint production for collector subscription, with specialist demand supporting strong premiums above raw bullion at every grade. For the early Seated Dollar proof production context, see the Seated Liberty Dollar series history.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
PR-63 Proof (PR)
Frequently Asked QuestionsFAQ
How many 1842 Proof Seated Liberty Dollars were minted?
184,618 were struck.
What is a 1842 Proof Seated Liberty Dollar made of?
90% Silver, 10% Copper, weighing 26.73 g.
What is the melt value of a 1842 Proof 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 Proof 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.