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Lot
4332

1844 $1 PR65 NGC....

2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184

 
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Auction Ended On: Apr 25, 2013
Item Activity: 7 Internet/mail/phone bidders
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Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:

1844 Seated Liberty Dollar, PR65
Second-Finest Certified
Ex: Pittman-Kaufman
1844 $1 PR65 NGC. Ex: Pittman-Kaufman. The 1844 proof Seated Liberty dollar is a great rarity, and few examples can match the quality and appeal of this delightful Gem. Q. David Bowers, in his Silver and Trade Dollar Encyclopedia (1993), estimates the original mintage to be between 20 and 30 pieces, and the number of survivors to be between seven and 14 coins. David Akers, on the other hand, cataloging John Jay Pittman's 1844 proof set, from which this specimen came, says: "I would place the number at the high end of that range, possibly 10-12."

Spectacular cobalt-blue, violet, and golden-tan iridescence in the mirrored obverse fields accentuates the satiny gold and violet obverse motif on this impressive Gem. The reverse, on the other hand, features light silver-tan color resting on reflective fields, and bright silvery design elements. The devices are sharply detailed, with razor sharp definition throughout. Both surfaces are well-preserved, but high magnification reveals some faint hairlines in the fields. A minute, unobtrusive mark on Liberty's cheek and another above the eagle's right (left facing) wing might help to identify the coin for future catalogers. This piece is certain to draw the attention of connoisseurs of Seated Liberty proof coinage, and we expect intense competition when this lot is called. Census: 1 in 65, 0 finer (3/13).
Ex: Possibly Dr. J. Hewitt Judd; Numismatic Gallery; purchased as part of a complete 1844 silver and minor proof set by John Jay Pittman on 4/5/1948 for $400; John Jay Pittman Collection, Part I (David Akers, 10/1997), lot 833; Philip Kaufman; Summer FUN Signature (Heritage, 6/2008), lot 1247; Internet Coin Auction (Heritage, 8/2008), lot 23479, realized $83,375; Los Angeles Signature (Heritage, 7/2009), lot 1149, realized $ 69,000.
From The Greensboro Collection, Part III.(Registry values: N10218) (NGC ID# 24ZU, PCGS# 6985)

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