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3802

1840 $1 PR62 NGC....

2012 February 2-5 US Coins Signature Auction- Long Beach #1167

 
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Auction Ended On: Feb 2, 2012
Item Activity: 5 Internet/mail/phone bidders
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Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
Seldom-Seen PR62 1840 Seated Dollar
First Year of the Seated Dollar Series
1840 $1 PR62 NGC. The year 1840 was the first for regular-issue silver dollars since the Bust dollars ended several decades earlier with the 1803 mintage (the 1804 dollars are another story entirely), unless one counts 600 of the Judd-60 1836-dated Gobrecht silver dollars, struck in December 1836 in proof format but intended for circulation. The 1840 Seated dollars, despite the marvelous Flying Eagle reverse of the Gobrecht dollars, debuted with a more-familiar and less-artistic reverse design. The 1840 proof silver dollars have no recorded mintage, like most pre-1858 proofs, but are presumably quite rare. Q. David Bowers provides an estimate of 20-30 proofs made, although that figure seems on the low side, given the certified populations. This piece displays deep gray-blue patina that subdues the proof flash of the surfaces. Only a few minor signs of contact dot the surfaces of this well-preserved coin. Census: 5 in 62, 20 finer (12/11).(Registry values: N7079) (NGC ID# 24ZP, PCGS# 6981)

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