So much gold was flooding the market at the height of the California gold rush that silver for the first and only time in history was worth more than gold. It was possible to exchange two hundred silver half dollars not for $100 in gold but for $106.60. The gold could then be exchanged at face value to buy more silver. This market anomaly caused the widespread melting down of silver half dollars almost to the point of removing them from circulation.
To correct this market anomaly, the government decided to reduce the weight of the original coins by seven percent. To notify the public about the change in weight the U.S. Mint modified the design of the coin. After a flawed trail strike, new coins were issued with two prominent arrows placed at either side of the date.
Coins bearing the new arrows design were struck for just two years in 1854 and 1855 at the Philadelphia and the New Orleans Mint. After two years the arrows were removed and the coin returned to the original design but maintained the new lower weight. Seated liberty half dollars were issued from 1839-1891 but only two dates in the series has the arrows design.
1854 Seated Liberty design W/Arrows silver bullion rounds are a great way to buy silver. They are easy to buy, sell, stack store and count. We offer mint fresh beautifully struck, one ounce silver rounds. These lustrous rounds measure 39mm in diameter and contain one ounce of .999 fine silver. They are hallmark stamped with their exact weight and purity. Nationally recognized by all silver bullion and coin dealers, rounds are ideal for first time buyers and seasoned investors alike.
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