This coin was first struck on October 18, 1985 with production continuing through 1986. The Statue of Liberty Silver Dollar coin was authorized in commemoration of the centennial of the Statue of Liberty.
Surcharges were authorized to be paid to Statue of Liberty-Ellis Island Foundation, Inc. to restore and renovate the Statue of Liberty and the facilities used for immigration at Ellis Island and to establish an endowment in an amount deemed sufficient by the Foundation, in consultation with the Secretary of the Interior, to ensure the continued upkeep and maintenance of these monuments.
The obverse design of the coin features the Statue of Liberty and Ellis Island.
The reverse features a design of Liberty's torch and inscriptions.