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Seated Liberty Liberian $10 Bullion Coin?

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Adam590's Avatar
United States
751 Posts
 Posted 04/06/2026  6:17 pm Show Profile   Bookmark this topic Add Adam590 to your friends list Get a Link to this Message Number of Subscribers
Hello Fellow Numismatists,

Outside of numismatics I am an avid traveler, and this year I started prioritizing visiting more of Africa, starting in West Africa. While I have not yet been to Liberia, the small West African nation founded by freed slaves "returning" to Africa from the USA, it's getting higher and higher on my list.

At a local coin shop today I saw this 1 ounce of silver coin bearing a design very similar to the USA Seated Liberty design, which was in use in the USA when Liberia was founded in 1847. Not minding picking up another ounce of silver, I figured I would go for it.

This coin is in a PCGS slab graded PR(69), but that surprises me because it's obviously DCAM, right?

My question is: do any of you know much about Liberian commemorative and/or bullion coins? This looks like it may have been struck in the USA for Liberia... any information you may have I would appreciate, thanks!


Seated-Liberty-Liberian-$10-Bullion-Coin?
Seated-Liberty-Liberian-$10-Bullion-Coin?
Seated-Liberty-Liberian-$10-Bullion-Coin?
Seated-Liberty-Liberian-$10-Bullion-Coin?
Seated-Liberty-Liberian-$10-Bullion-Coin?
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Sap's Avatar
Australia
16805 Posts
 Posted 04/06/2026  10:27 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
All of Liberia's coinage has been struck in the United States, as it has never had its own mint.

For most of the period from 1989 through to 2003, Liberia was in a state of civil war, with various rival factions claiming to be the "real government of Liberia" and the internationally recognized government not actually controlling much of the territory within the country.

Private mints love it when countries fall into anarchy like this; it means that they can churn out "coins" in that country's name, without needing to bother getting permission from that country's government to make the coins, because with the war happening nobody has any way of checking whether the "coins" are in fact legal tender coins from that country. Many coins in the name of Liberia are in fact just "unofficial coins", medals issued by private mints in America, with nobody in either the internationally recognized Liberian government nor the rebel factions aware of those coin's existence.

This is also the reason why most of these "coins" from this time period celebrate people and events that don't really have anything to do with Liberia; they're all made and produced in America for sale to American buyers, with designs aimed to appeal to Americans, with none of the coins ever actually entering Liberia at any time.

Somalia is another anarchistic country that private mints use as their flag of convenience for churning out such coins.

Looking your coin up on the NGC world coin database, I find this entry; the "X" number at the top of the page indicates it is now considered an "unofficial" coin, with no legal tender status. Which does not surprise me, as most of the coins actually authorized by the Liberian government bear the country's coat of arms on the obverse.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Adam590's Avatar
United States
751 Posts
 Posted 04/06/2026  10:46 pm  Show Profile   Bookmark this reply Add Adam590 to your friends list Get a Link to this Reply
@Sap: Thanks so much! This is fascinating. It is a silver one ounce buillion coin, though, right?
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Sap's Avatar
Australia
16805 Posts
 Posted 04/07/2026  12:27 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
It purportedly weighs 1 troy ounce; you could compare the slab with a slabbed example of a coin you know to weigh 1 ounce, to make sure. Whether or not it's actually made of .999 silver would depend on the honesty and integrity of the mint, whoever that was. Finding out who actually made these quasi-legal pseudo-coins is often difficult. Given that the coin doesn't actually say "1 troy ounce .999 fine" on it, I wouldn't necessarily have assumed this to be true, but NGC assumes this to be the case; I guess they know more than me about it.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Empty_Pockets's Avatar
United States
117 Posts
 Posted 04/08/2026  9:40 pm  Show Profile   Bookmark this reply Add Empty_Pockets to your friends list Get a Link to this Reply
beautiful coin. Interesting back story about mints.
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