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Lot
2138

1841 $1 PR63 NGC....

2008 April Rosemont, IL (CSNS) Signature Coin Auction #1104

 
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Auction Ended On: Apr 17, 2008
Item Activity: 8 Internet/mail/phone bidders
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Description:
Extremely Rare PR63 1841 Seated Dollar
1841 $1 PR63 NGC. The 1841 is widely regarded as the rarest proof date in the Seated dollar series. In 2006, Duncan Lee wrote, "in the past twenty years, only three separate specimens [Eliasberg, Pittman, Starr] have been observed plus the specimen in the Smithsonian Institution. All known proofs are restrikes and have the same common reverse." However, see our comments at 1840 regarding "restrikes."
The present example, pedigreed to the famous Amon Carter, Jr. Collection, is also struck from the shared reverse die, identified by die lumps on the final A in AMERICA. A brief study of business strike 1841 dollars located two different obverse dies (Heritage lots 388-2208 and 414-3724), but neither matches the logotype placement of the 1841 proofs.
Like many pieces from the Carter collection, this example has attractive peripheral aqua-blue toning. The fields are light to medium golden-brown. The strike is penetrating. A loupe reveals a few unimportant field marks.
As of February 2008, NGC and PCGS combined have certified five proof 1841 Seated dollars. We have researched the pedigrees of four of those five pieces, and present them below. One of the four NGC pieces has either been submitted twice, or has never appeared at auction.

1. PR64 PCGS. Hollinbeck Coin Co. (2/1953), lot 29; John J. Pittman (David Akers, 5/1998), lot 1672; Richmond Collection (David Lawrence, 11/2004), lot 1506; Rod Sweet Collection (Bowers and Merena, 7/2005), lot 1002, which realized $166,750.

2. PR63 NGC. The present coin. Col. E.H.R. Green; Jack Roe (B. Max Mehl, 6/1945), lot 435; Jerome Kern; Golden Jubilee Sale (B. Max Mehl, 5/1950), lot 811; Amon G. Carter, Jr. Collection (Stack's, 1/1984), lot 247.

3. PR63 NGC. George B. Hussey (J.C. Morgenthau, 3/1940), lot 123; Floyd T. Starr (Stack's, 10/1992), lot 581; Superior (7/1993), lot 553; Kenneth C. Long (Bowers and Merena, 5/1995), lot 1211; Phil Kaufman Collection of Early Seated Proof Sets, Part Two (Heritage, 1/08), lot 3022, which realized $74,750.

4. PR63 NGC. Louis E. Eliasberg, Sr. (Bowers and Merena, 4/1997), lot 2205; Dr. John L. Pellegrini (Heritage, 7/2005), lot 10257, which realized $74,750.
From The Queller Family Collection of Silver Dollars.(Registry values: N7079) (NGC ID# 24ZR, PCGS# 6982)

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