This new Act temporarily ended production of the silver dollar for commercial use. However, while this changed the landscape of coins in the United States, it made these silver coins extremely rare and collectibe. In fact, the 1870 silver dollar coin is known today as one of – if not the – rarest silver coins ever struck in the United States.
Design of the 1870-S Silver Dollar Coin
The 1870 silver dollar coin is known as the Liberty Seated Dollar and has a face value of $1.00. It was designed in 1840 by Christian Gobrecht, the Chief Engraver