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
3489

1857 $1 MS64 NGC. CAC....

2011 November 8-10 US Coins Signature Auction - Beverly Hills #1161

 
Sold for: Sign-in or Join (free & quick)
Auction Ended On: Nov 8, 2011
Item Activity: 5 Internet/mail/phone bidders Number of Bidders
623 page views
Location: Heritage Auctions - Beverly Hills
9478 West Olympic Blvd., 1st Floor
Beverly Hills, CA 90212

Description:
360 View of this item
1857 Seated Dollar
Challenging Choice Uncirculated
1857 $1 MS64 NGC. CAC. The 1857 dollar's mintage of 94,000 pieces is low, but it does not fully explain the rarity of this issue today. The rising price of silver in the late 1840s and early 1850s led the intrinsic value of U.S. silver coins to be higher than the face value. By 1857, the melt value of a silver dollar was nearly five cents higher than its denomination, and vast quantities were exported overseas where the coins were traded as bullion. The Mint Act of 1853 reduced the weight of the subsidiary silver coins (half dime, dime, quarter, and half dollar), but it did not affect the dollar and barely improved the domestic circulation of the other denominations. Few 1857 dollars remained stateside, and only a tiny fraction of these were saved.
Mint State examples are quite elusive; NGC and PCGS combined report 26 pieces in MS64 (four of which are Prooflike) with only four finer (10/11). This attractively toned Choice Uncirculated specimen boasts deep rose-gold and violet toning across both sides. The peripheral obverse details are a touch soft, but the central design elements are bold. Flashy luster is seen throughout the remarkably clean surfaces.(Registry values: N4719) (NGC ID# 24YW, PCGS# 6945)

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




Videos:
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
Only 5 days left to consign to the 2014 June 5 - 8 LB Expo US Coins Signature Auction - Long Beach!
Learn About Consigning With Us
Your team did an exceptional job of exceeding our expectations in the advertising, handling and actual auction.
George A. Guck
Director, Facilities and Corporate Services
Frito Lay
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 $14,999,675
2014 January 9 & 13 FUN World Currency Signature Auction - Orlando
2014 January 9 & 13 FUN World Currency Signature Auction - Orlando
REALIZED $305,199