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The basic obverse design of the Seated Liberty coinage consisted of the figure of Liberty clad in a flowing dress and seated upon a rock. [3] In her left hand, she holds a Liberty pole surmounted by a Phrygian cap, [2] which had been a pre-eminent symbol of freedom during the movement of Neoclassicism (and traces its roots back to Ancient Greece and Rome).
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The silver center cent was an early attempt to reduce the size of the cent while maintaining its intrinsic value. The Silver center cent is an American pattern coin [1] produced by the United States Mint in 1792. As a precursor to the large cent it was one of the first coins of the United States and an early example of a bimetallic coin.
The coin did not sell well at the Exposition; its price of $1 was the same as for the Columbian half dollar, and the quarter was seen as the worse deal. Nearly half of the authorized issue was returned to the Mint to be melted; thousands more were purchased at face value by the Lady Managers and entered the coin market in the early 20th century.
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