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Lot
1149

1844 $1 PR65 NGC....

2009 August Los Angeles, CA US Coin Auction #1128

 
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Auction Ended On: Jul 31, 2009
Item Activity: 5 Internet/mail/phone bidders Number of Bidders
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Location:

Hyatt Regency Century Plaza
2025 Avenue of the Stars
Los Angeles, CA 90067

Description:
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1844 Seated Dollar, PR65
Ex: Pittman, Kaufman
1844 $1 PR65 NGC. Ex: Pittman-Kaufman. The 1844 proof Seated dollar is a great rarity, and the Kaufman coin is the second finest certified example on our roster of 10 distinctly identified survivors for the issue; this roster appears as part of the description for lot 1247 in our June 2008 Summer FUN Auction, this coin's previous auction appearance. Q. David Bowers, in his Silver and Trade Dollar Encyclopedia (1993), estimates the original mintage to be between 20 and 30 pieces, and the number of survivors to be between seven and 14 coins. David Akers, on the other hand, cataloging John Jay Pittman's 1844 proof set, from which the Kaufman specimen came, says: "I would place the number at the high end of that range, possibly 10-12."
Sumptuous cobalt-blue, violet, and golden-tan iridescence in the mirrored obverse fields accentuates the satiny gold and violet motif on the Kaufman Gem. The reverse, on the other hand, features light silver-tan color resting on reflective fields, and bright silvery design elements. The devices benefited from a powerful strike, as they are razor sharp throughout. Both faces are very well preserved, though high magnification reveals some faint hairlines in the fields. A minute, unobtrusive mark on Liberty's cheek and another above the eagle's right (left facing) wing might help to identify the coin for future catalogers. This piece is certain to draw the attention of connoisseurs of Seated Liberty proof coinage.
From The Bay State Collection, Part Two.(Registry values: N10218) (NGC ID# 24ZU, PCGS# 6985)

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