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Lot
2231

1840 $1 PR61 NGC. All proof Seated Dollars prior to 1858 are rare, and the introductory 1840 is no exception. NGC and PCGS...

2005 November Dallas, TX Signature Auction #388

 
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Auction Ended On: Nov 3, 2005
Item Activity: 6 Internet/mail/phone bidders
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Location: Dallas, TX
Description:
Lavishly Toned Proof 1840 Seated Dollar
1840 $1 PR61 NGC. All proof Seated Dollars prior to 1858 are rare, and the introductory 1840 is no exception. NGC and PCGS have certified a combined 40 pieces throughout all proof grades, and presumably, several of the pieces represent resubmissions. On the present specimen, the final A in AMERICA has die defects along the center of the right side and above the right edge of the crossbar. These defects are diagnostic of a reverse proof die well known to specialists of the series, as it was used to strike several different No Motto proof dates. Vibrantly toned in orange, forest-green, and powder-blue colors, this exquisitely struck piece is identified by a vertical pinscratch to the right of the date, and a couple of light parallel marks on Liberty's leg.
From The Jack Lee Collection, III(#6981) (Registry values: N4719) (NGC ID# 24ZP, PCGS# 6981)

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