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
4346

1864 $1 PR68 NGC....

2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184

 
Sold for: Sign-in or Join (free & quick)
Make Offer:

Owner's willingness to entertain and respond to Offers has not yet been verified. Make Offer to Owner
Auction Ended On: Apr 25, 2013
Item Activity: 7 Internet/mail/phone bidders Number of Bidders
382 page views
Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:
360 View of this item
1864 Silver Dollar, PR68
Borderline Cameo Proof
1864 $1 PR68 NGC. Only 470 proof Seated Liberty dollars were struck in 1864, and the present coin is one of the finest-certified survivors of that paltry mintage. The strained economic conditions of the Civil War explain the low demand for proof coins during the 1860s. Silver and gold coins did not circulate in this country after 1861 because of public hoarding. The government suspended specie payments and would only exchange precious metal issues for payment in kind. This meant that in addition to the usual fee the Mint charged for proof coins, collectors actually had to pay for the silver (or gold) coins with other silver (or gold) coins that could only be obtained from bullion brokers at steep premiums. Few collectors cared to incur the extra expense and difficulty involved in ordering proofs under those circumstances.

The silver dollars were all issued with the proof sets, which began to appear on the secondary market almost immediately. One set was offered in lot 330 of the Fifth Semi-Annual Sale (W. Elliot Woodward, 10/1864), "1864 Splendid proof set, seven pieces." The lot realized $8 to William Lilliendahl. This set must have been issued early in the year, as the sets issued in July contained the new two cent piece, and would have had eight total pieces. The price realized was quite high for coins issued only a few months prior to the sale with a face value of just $1.94.

The coin offered here is a magnificent PR68 specimen with razor-sharp definition on all design elements and deeply mirrored fields that show no signs of contact. The virtually perfect surfaces are spectacularly toned in shades of slate-gray, sea-green, golden-brown, lavender, and cobalt-blue. Although this coin is not designated as a Cameo, the frosty obverse devices show distinct elements of contrast. Eye appeal is simply incredible. Advanced collectors should bid accordingly. Census: 3 in 68, 0 finer (3/13).(Registry values: N10218) (NGC ID# 252J, PCGS# 7007)

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
866,481
bidder-members
$936,409,067
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
The whole staff at Heritage made the difficult process of selling my husband's treasured collection much less painful through their understanding.
S.J. ,
Clarksburg, WV
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 $15,008,174
2014 January 9 & 13 FUN World Currency Signature Auction - Orlando
2014 January 9 & 13 FUN World Currency Signature Auction - Orlando
REALIZED $305,199