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The Certified Seated Dollar 1847 AU50 ANACS represents a significant piece of American numismatic history, harkening back to a time of innovation and change in the young United States. This coin, struck during the mid-19th century, is part of the Seated Liberty dollar series, which played a crucial role in shaping the nation's economy and identity.
During the 1840s, the United States was experiencing rapid expansion and industrialization, fueled in part by westward expansion and the California Gold Rush. The Seated Liberty dollar, first introduced in 1836, was a reflection of the nation's growing economic prowess and its desire for a stable and reliable currency.
The obverse of the Certified Seated Dollar 1847 AU50 ANACS features the iconic Seated Liberty design, with Liberty seated on a rock, holding a shield inscribed with the word "LIBERTY" and a pole topped with a Phrygian cap, symbolizing freedom. The reverse of the coin displays an eagle with outstretched wings, clutching arrows and an olive branch, representing strength and peace, respectively.
The Certified Seated Dollar 1847 AU50 ANACS was struck at the Philadelphia Mint, the main minting facility of the United States at the time. The "O" mint mark on the coin indicates that it was minted in New Orleans, a branch mint established to support the coinage needs of the southern United States.
The mintage of the 1847 Seated Liberty dollar was relatively low compared to other years, with approximately 140,750 coins produced. This makes the 1847 issue relatively scarce compared to other dates in the series, adding to its numismatic appeal and value.
The denomination of the Certified Seated Dollar 1847 AU50 ANACS is one dollar, as indicated by the inscription "ONE DOL." on the reverse of the coin. Seated Liberty dollars were widely used in commerce and trade during the mid-19th century, circulating alongside other denominations of the time.
The coin is graded as About Uncirculated (AU) 50 by the American Numismatic Association Certification Service (ANACS), indicating that it exhibits slight wear on the high points of the design due to limited circulation. Despite this wear, the coin retains much of its original detail and luster, making it a desirable addition to any numismatic collection.
In conclusion, the Certified Seated Dollar 1847 AU50 ANACS is not just a piece of currency but a tangible artifact of American history. Minted during a period of growth and change, this coin serves as a reminder of the nation's journey toward economic prosperity and unity.