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The Pittman-Kaufman 1843 Seated Dollar
PR64, Tied for Finest Certified

1843 $1 PR64 NGC. Ex: Pittman-Kaufman. Like the proof 1843 dime in the present sale from the same sources, this PR64 NGC Seated dollar is also in an updated NGC encapsulation since its last appearance with us. It is nonetheless, readily identified both via the NGC insert and via plate-matching back to the Pittman Collection (Akers, 10/1997), where it was part of lot 832, a complete 1843 proof set from half cent through eagle in its original case. We have identified five separate examples of the proof 1843 Seated dollar, although a couple of others may exist, and this piece is tied with two other PR64 NGC pieces for finest certified.
In cataloging this coin for the Kaufman Collection, we described it in these terms:

"A mélange of violet, sky-blue, reddish-gold, and golden-orange patination adorns both sides of this near-Gem proof, being somewhat softer in hue in the fields. The toning does not completely mask the mirrors of the latter, hence a degree of contrast with the motifs is evident when the coin is tilted slightly beneath a light source. A solid strike lends exceptional detail to the design elements, including complete separation of Liberty's foot, sandal, and straps, and bold ribbing on the reverse leaves and arrow heads. A minute mark to the right of star 9 aids in identifying the coin."

We would add little to the description, above except to point out that such a coin is seldom available, and it is much rarer than recent appearances might lead one to believe. Once it finds a permanent place in some fine cabinet, it might be decades before it appears again in the marketplace. Astute collectors should be prepared and act accordingly.
Ex: Part of a complete proof set, half cent through dollar, with original case purchased from Judge Joseph F. Sawicki, May 10, 1948; John Jay Pittman Collection (David Akers, 10/1997), lot 832 (part of an 1843 proof set); The Phil Kaufman Collection of Early Proof Sets, Part Four (Heritage, 7/2008, lot 1810).(Registry values: N10218) (NGC ID# 24ZT, PCGS# 6984)

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Auction Dates
December, 2009
Internet/Mail/Phone Bidders: 5
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