There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Opening Bid :
Current Bid:
Reserve Amount:

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) Buyer's Premium).


Notice: You are the current high bidder on this lot, but the next highest bid is within one increment. That means that any additional bids on this lot will outbid you. To increase your chances of winning, enter your highest maximum bid.

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) Buyer's Premium).

You are the current high bidder on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid of %bidPretty% has been outbid.

Your secret maximum bid of %bidPretty% does not meet the reserve.

(Sign-In to see your maximum bid)

Your secret maximum bid does not meet the reserve.
(Sign-In to see your maximum bid)

Lot
2382

1842 $1 PR65 NGC....

2008 April Rosemont, IL (CSNS) Signature Coin Auction #1104

 
Sold for: Sign-in or Join (free & quick)
Auction Ended On: Apr 17, 2008
Item Activity: 3 Internet/mail/phone bidders Number of Bidders
1,351 page views
Description:
Glittering 1842 Gem Proof Dollar
Considered the Finest Known
1842 $1 PR65 NGC. Ex: P. Kaufman. The exquisite 1842 Seated Liberty proof dollar from the Phil Kaufman Collection ranks among the finest known examples. 1842 proofs are more frequently seen than the previous year's proof dollars, and are only marginally more available than the 1840 date. Numismatists vary somewhat, however, in their estimates of surviving 1842 proof dollars. David Akers, for example, suggests a population of 10 to 12 coins in the Pittman catalog; David Bowers, in his 2006 A Buyer's Guide to Silver Dollars & Trade Dollars of the United States, estimates seven to 14 specimens; and Weimar White, in his 1985 Liberty Seated Dollar reference, suggests fewer than 10 extant pieces.
Our allusion to the Kaufman 1842 proof dollar as possibly the finest known example relates to NGC's certification of two PR65 coins. The question arises as to whether the second specimen resides in a private collection that as yet has escaped public notice, or is a resubmission of the Kaufman coin, which would then rank it as the finest. In addition to the two PR65 submissions, NGC has seen a PR64, three PR63s, a PR62, and a PR61. PCGS has certified a PR64 and a PR62. Again, some of these are likely resubmissions.
Based on the estimates of previous researchers and on the number of certified examples, it is possible that from one to three other examples remain unrecognized in our roster:

1. PR65 NGC. The Kaufman specimen. The Norweb Collection (Bowers and Merena, 11/1988), lot 3780.
2. PR63 NGC. Dr. John L. Pellegrini (Heritage ANA Sale, 7/2005), lot 10258; FUN Sale (Heritage, 1/2007), lot 1059.
3. PR62 PCGS. Lester Merkin (10/1969), lot 376; John Jay Pittman (David Akers, 5/1998), lot 1673; Morris Silverman (Heritage, 4/2002), lot 4072; Rarities Sale (Bowers and Merena, 5/2004), lot 253; 2006 ANA (Bowers and Merena, 8/2006), lot 2345.
4. PR61 NGC. Richmond Collection, Part III (David Lawrence, 11/2004), lot 1507.
5. PR58. Superior (9/2002), lot 1067.
6. Proof. Smithsonian Institution.
7. Proof. American Numismatic Society.

The Kaufman coin is a glittering Gem with superb golden-tan patina imbued with blushes of sky-blue, lilac, russet, and purple. Mirrored fields offer moderate contrast with the motifs at all angles of observation, but mostly when the coin is rotated just slightly beneath a light source. A solid strike brings out sharp definition on the design elements, leaving no areas with even the slightest hint of weakness. A couple of minute milling marks to the left of the upper left (facing) shoulder of Liberty, along with a tick concealed in the hair at the top right of Liberty's head, may help identify the piece for future catalogers.
From The Phil Kaufman Collection of Early Seated Proof Sets, Part Three.(Registry values: N10218) (NGC ID# 24ZS, PCGS# 6983)

View all of [The Phil Kaufman Collection of Early Seated Proof Sets, Part Three ]
View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
Sign-in or Join (free & quick)
Price Guide
Sign-in or Join (free & quick)
Population Guide
Sign-in or Join (free & quick)
Find Auction Prices for Comparable Items:

Photographs:
Sign-in or Join (free & quick) to see the full image




FLOOR AUCTIONS View All
Open For Bidding
Coming Soon
HERITAGE MEMBERSHIP
866,099
bidder-members
$926,134,978
sold in the last year
VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 
CONSIGNMENTS WANTED
Consign to the 2014 August 6 - 11 World and Ancient Coins Signature Auction - Rosemont.
Learn About Consigning With Us
I am very pleased with the results thus far, and feel that my reliance upon your guidance and advice about certain critical questions has been well placed.
Paul H. Crockett,
Miami, fL
HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
HERITAGE VIDEO TUTORIAL
GETTING THE MOST OUT OF SEARCH
RECENT AUCTIONS
2014 March 21 &  23 US Coins Signature Auction - San Francisco
2014 March 21 & 23 US Coins Signature Auction - San Francisco
REALIZED $4,375,539
2014 April 10-12 & 15-16 CICF World and Ancient Coins Signature Auction - Chicago
2014 April 10-12 & 15-16 CICF World and Ancient Coins Signature Auction - Chicago
REALIZED SO FAR $14,402,133
2014 January 9 & 13 FUN World Currency Signature Auction - Orlando
2014 January 9 & 13 FUN World Currency Signature Auction - Orlando
REALIZED $305,199