Author Archive for

Stanford Financial Group is a privately held global network of independent, affiliated financial services companies led by Chairman and CEO Sir Allen Stanford. The first Stanford company was founded by his grandfather, Lodis B. Stanford in 1932. Stanford's core businesses are private wealth management and investment banking for institutions and emerging growth companies. http://www.stanfordcoins.com

Stanford Coins and Bullion Sells Rare 1870-S Seated Liberty Dollar for $1.3 Million

2 Comments
By Stanford Financial Group on Wednesday, January 30, 2008
Filed Under: Dealer News, Featured, Press Releases, US Coins

1870-S Dollar - Eliasberg SpecimenHouston-based Stanford Coins and Bullion announced it has sold the historic 1870-S Seated Liberty Dollar Eliasberg Specimen for $1.3 million to Certified Acceptance Corp. (CAC), a New Jersey- based company founded and owned by John Albanese. Stanford Coins and Bullion, part of the Stanford Financial Group of companies, serves investors in precious metals and collectors of rare collectible coins.

The 1870-S Seated Liberty Dollar Eliasberg Specimen is considered a U.S. numismatic treasure. Shrouded in mystery and intrigue, the Seated Liberty Dollars do not have any official record of ever having been minted, yet somehow 11 traced specimens are believed to exist.

According to Joe Frisard, President of Stanford Coins and Bullion, “The 1870-S Seated Liberty Dollar is a true numismatic rarity. Of the 11 known specimens, only three are in mint condition. The Eliasberg Specimen is graded AU53 by PCGS.” (more…)

DISCLAIMER: All content within CoinLink is presented for informational purposes only, with no guarantee of accuracy.
CoinLink does not buy or sell coins or numismatic material, and has no ownership interest in any web site listed within CoinLink.
All News and Article links are direct, without framing, to the original source, which is solely responsible for the content.
No endorsement or affiliation to or from CoinLink is made.