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1875-S Seated Liberty Silver Twenty-Cent Piece (PCGS VF 35)

Currency:USD Category:Sports - Cards & Fan Shop Start Price:20.00 USD
1875-S Seated Liberty Silver Twenty-Cent Piece (PCGS VF 35)

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Auction Date:2017 Jun 01 @ 19:00 (UTC-7 : PDT/MST)
Location:2320 W Peoria Ave Suite B142, Phoenix, Arizona, 85029, United States
Grade: PCGS Very Fine 35

Denomination: Twenty-Cent Pieces

Type: Seated Liberty (1875 - 1878)

Year: 1875

Mint: San Francisco

Designer: William Barber

Weight: 5.000 grams

Diameter: 24.3 mm

Composition: 0.9000 silver, 0.1000 copper

Edge: plain

This short-lived coin was authorized by the Act of March 3, 1875. Soon after the appearance of the first twenty-cent pieces, people complained about the similarity in design and size to the quarter dollar. The eagle is very similar to that used on the trade dollar, but the edge of this coin is plain. The mintmark is on the reverse below the eagle.

Various factors caused the demise of the twenty-cent piece: the public was confused over the coin’s similarity to the quarter dollar, which was better established as a foundation of American commerce; in the eastern United States, small-change transactions were largely satisfied by Fractional Currency notes; and the twenty-cent coin was essentially just a substitute for two dimes.