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1865 Proof

Dollars · Seated Liberty Dollars · 1840–1873
Regular Proof
Weight26.73 g
Diameter38.1 mm
MintPhiladelphia
StrikeProof
Mintage 47,000
EdgeReeded
Alignment↑↓ Coin
Composition90% Silver, 10% Copper
DesignerChristian Gobrecht
Collector's Key IDCK-4566

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About this coinHistory

The 1865 Seated Liberty Dollar Proof is struck at the Philadelphia Mint with a documented mintage of 500 pieces per the Mint Director annual report. The 1865 Proof is the final-year No Motto Seated Dollar Proof and the closing proof issue before the 1866 addition of "IN GOD WE TRUST" to the reverse. The 1865 Proof carries the standard Christian Gobrecht obverse and the No Motto reverse that defines the entire 1840-1865 Type 1 stretch. The live page mintage of 47,000 reflects the circulation-strike figure rather than the proof mintage.

Authentication of an 1865 Seated Dollar Proof requires careful examination of strike quality, mirrored field character, and surface preservation under five to ten power magnification. The 1865 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 standard proof grading conventions across the Seated Dollar proof sequence. Cameo and Deep Cameo designations are uncommon for 1865 Proof examples.

The 1865 Seated Dollar Proof is a regular-classification proof entry on this site under the standard catalog convention for Seated Dollar proofs, with the 500-piece mintage and standard proof status reflected in the prose rather than the badge tier, alongside additional collector significance as the closing-year No Motto Seated Dollar Proof. The 1865 Proof pairs with the 1866 Motto and 1866 No Motto Proofs as the matched type-transition group. Auction records for confirmed 1865 Proof examples cluster in four-figure prices for Proof-63 and Proof-64 grades, with Cameo premiums applying at higher grade levels. Specialist Seated Dollar proof collectors typically target the complete 1840-1873 P-mint proof run by year, with the No Motto / With Motto type-transition pair and the restrike issues forming key sub-collecting milestones within the broader proof set assembly project. For the No Motto to Motto transition context and the broader Civil War-era Seated Dollar proof history, 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 1865 Proof Seated Liberty Dollars were minted?
47,000 were struck.
What is a 1865 Proof Seated Liberty Dollar made of?
90% Silver, 10% Copper, weighing 26.73 g.
What is the melt value of a 1865 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 1865 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.