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The 1874 Seated Liberty Half Dollar with Arrows is a significant coin in U.S. numismatic history, representing a pivotal moment in the evolution of American coinage. Part of the Seated Liberty series, this half dollar was struck at the Philadelphia Mint and is distinguished by the presence of arrows on either side of the date, a feature that signified a change in the coin’s weight. The arrows were added in response to the Coinage Act of 1873, which modified the weight standards for silver coins. Collectors highly value the 1874 Arrows variety for its historical importance, classic design, and role in marking this transition in U.S. currency.
The Seated Liberty Half Dollar series was introduced in 1839 and remained in production until 1891. Designed by Christian Gobrecht, the coin features a depiction of Liberty that was inspired by classical imagery, particularly the British Britannia. Gobrecht, who was the third Chief Engraver of the U.S. Mint, created a design that would become one of the longest-running motifs in American coinage. The Seated Liberty design was used across multiple denominations, including the half dime, dime, quarter, and dollar, reinforcing a unified aesthetic for U.S. silver coinage during the 19th century.
The obverse of the 1874 Seated Liberty Half Dollar showcases a majestic image of Liberty seated on a rock, facing left. She holds a staff topped with a Phrygian cap, a traditional symbol of freedom and enlightenment. Her right hand rests on a striped shield bearing the word “LIBERTY,” signifying the nation’s commitment to its founding ideals. Thirteen six-pointed stars encircle the design, representing the original thirteen American colonies, while the date “1874” appears below. The distinguishing feature of this variety is the set of arrows flanking the date, indicating the revised weight standard mandated by the Coinage Act of 1873.
The reverse of the 1874 Seated Liberty Half Dollar features a powerful heraldic eagle, its wings outstretched in a commanding pose. The eagle clutches an olive branch in its right talon, symbolizing the nation’s desire for peace, while its left talon firmly grips a bundle of arrows, representing military preparedness. A flowing ribbon inscribed with “E PLURIBUS UNUM” appears above the eagle’s head, reinforcing the national motto. The inscription “UNITED STATES OF AMERICA” curves along the upper rim, while the denomination “HALF DOL.” is displayed at the bottom. The intricate detailing of the eagle’s feathers, the olive branch, and the arrows reflect the high level of craftsmanship that characterized U.S. coinage during the 19th century.
The 1874 Seated Liberty Half Dollar with Arrows was struck at the Philadelphia Mint, which was the primary facility responsible for producing the nation’s coinage. Unlike branch mints such as San Francisco or New Orleans, the Philadelphia Mint did not include a mintmark on its coins during this period. The total mintage for the 1874 Philadelphia issue was approximately 2,950,000 pieces, making it one of the more available issues in the Arrows variety. Despite this relatively high mintage, many of these coins saw extensive circulation, making well-preserved examples increasingly scarce.
The addition of arrows to the Seated Liberty Half Dollar in 1873 and 1874 was a response to changes in U.S. coinage standards. The Coinage Act of 1873, often referred to as the “Crime of 1873” by silver advocates, removed the silver dollar from regular production and adjusted the weight of subsidiary silver coins. The weight of the half dollar was increased from 12.44 grams to 12.50 grams, a seemingly small but significant adjustment aimed at aligning the coin with international silver standards. To indicate this weight change, the U.S. Mint placed small arrows on either side of the date for the 1873 and 1874 issues. After 1874, the arrows were removed, making this a short-lived and distinct variety.
The condition of this particular 1874 Seated Liberty Half Dollar is certified as VF35 (Very Fine 35) by NGC, one of the leading third-party grading services in numismatics. A grade of VF35 indicates that the coin retains strong design elements despite moderate wear. The obverse shows noticeable yet even wear on Liberty’s gown, particularly in the folds of the fabric and around the shield. However, the major design elements remain clear, with well-defined stars, a visible cap, and strong rim details. The arrows at the date, the key identifying feature of this variety, are sharp and fully legible.
On the reverse, the eagle’s feathers are worn but still discernible, particularly in the lower wing areas where high points tend to wear down first. The olive branch and arrows in the eagle’s talons remain well-defined, and the motto above the eagle is fully readable. The rim is intact, with no signs of major damage, dents, or corrosion. The coin exhibits a balanced level of wear that is consistent with a well-preserved circulated example from the 19th century.
One of the appealing aspects of this VF35 example is its natural patina. The coin has developed a soft, even toning, with shades of light silver, gray, and hints of golden brown. This natural toning enhances the coin’s eye appeal and serves as a testament to its authenticity and age. Unlike harshly cleaned or polished examples, which often lose their original surface texture and luster, this coin has retained its original character, making it more desirable to collectors who appreciate well-preserved historical pieces.
The 1874 Seated Liberty Half Dollar with Arrows is a key issue for collectors assembling a complete type set of Seated Liberty coinage. Because the Arrows variety was only produced for two years, it represents a distinct and historically significant subset within the series. Many collectors seek to acquire both the 1873 and 1874 Arrows issues to complete their collections, making these coins highly sought after in the numismatic market.
The demand for Seated Liberty Half Dollars remains strong, particularly for examples that are certified by reputable grading services like NGC. Coins graded VF35 offer an excellent balance between affordability and detail, making them an attractive option for collectors who want a well-preserved example without paying the premium associated with higher Mint State or AU grades. Additionally, the certification provides confidence in the coin’s authenticity, grade, and overall quality.
Proper storage and handling are essential for preserving the condition of this 1874 Seated Liberty Half Dollar. Collectors typically store such coins in protective holders, such as NGC-certified slabs, which provide long-term security against environmental damage. Avoiding excessive handling and storing the coin in a stable, climate-controlled environment helps maintain its appearance and ensures that it continues to appreciate in value over time.
The 1874 Seated Liberty Half Dollar with Arrows is an important piece of American numismatic history. Its classic design, historical significance, and connection to a major shift in U.S. coinage standards make it a prized collectible. Whether collected for its beauty, rarity, or role in numismatic history, this coin continues to captivate those who appreciate early U.S. coinage and its enduring legacy.
Overall, the 1874 Seated Liberty Half Dollar in VF35 condition encapsulates the craftsmanship and historical depth of 19th-century American coinage. Its well-preserved design, distinctive Arrows variety, and connection to key legislative changes make it an essential addition to any serious numismatic collection. As a tangible piece of history, this coin serves as a reminder of the evolution of U.S. currency and the artistic legacy of the Seated Liberty series.