To comply with the Coinage Act of 1853, the U.S. Mints were required to strike large quantities of reduced weight silver coins under the new standard to replace those made previously under the old standard. This was more than the Philadelphia Mint could handle, so some of the burden went to the Mint at New Orleans. In previous years, particularly between 1843 and 1850, the New Orleans Mint employees were used to producing large quantities of Half Dollars, and they rose to the task once again in 1853. By the end of the year, over 1.3 million Arrows & Rays Half Dollars emerged from the New Orleans Mint. Because of pressure from type collectors, demand for these coins was high in virtually the whole specturm of grades. Unfortunately, the same cannot be said of Mint State coins, which have turned out to be quite scarce. They tend to be of average quality and they are very rare in MS64 and better conditions. The obverses are prone to spidery die cracks, most likely caused by extra pressures required to strike up the rays on the reverses.
A one year type needed for every 19th century type set.
Verified purchase: Yes
The 1853 Seated Liberty is one of my favorite coins because of the rays on the obverse. The New Orleans mint version is harder to find and cost more because of the number minted. If you collect silver coins this type and date is a must. Great investment as well.
Have not received it yet!!!
Verified purchase: Yes