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Lot
7264

1840 $1 PR62 NGC....

2011 August Chicago Signature US Coin & Platinum Night Auction #1158

 
Sold for: Not Sold
Auction Ended On: Aug 12, 2011
Item Activity: 7 Internet/mail/phone bidders
387 page views
Location: Marriott - Chicago O Hare
8535 W. Higgins Road
Chicago, IL 60631

Description:
1840 Silver Dollar, PR62
First Seated Liberty Proof
1840 $1 PR62 NGC. No Mint records have been found on the number of proof Seated Liberty dollars produced in 1840. Except for a small emission of Gobrecht dollars issued in the 1836-1839 time period (and restruck later), no silver dollars had been struck at the U.S. Mint since 1804 (actually dated 1803). Experts believe the 1840 proof total was probably on the order of 20-30 coins. Apparently the dollars were available both in sets and as single pieces.
The present coin is a sharply detailed MS62 specimen with glossy surfaces toned in shades of gray, green, and cerulean-blue. A minor rim bruise shows on the obverse at 9 o'clock. Census: 5 in 62, 20 finer (5/11).(Registry values: N7079) (NGC ID# 24ZP, PCGS# 6981)

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