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Lot
2587

1845 $1 PR65 NGC....

2009 April-May Cincinnati, OH (CSNS) US Coin Auction #1124

 
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Auction Ended On: Apr 30, 2009
Item Activity: 6 Internet/mail/phone bidders
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Location:

Duke Energy Center
525 Elm Street
Cincinnati, OH 45202

Description:
Exceptional 1845 Gem Proof Seated Dollar
1845 $1 PR65 NGC. Ex: La Jolla Collection. Proof 1845 dollars are exceedingly rare. While the exact mintage is unknown, David Bowers, in his Silver Dollars and Trade Dollars of the United States, gives an estimate of 15 to 25 pieces made. He also estimates six to nine coins extant today. NGC/PCGS population figures, on the other hand, show a total of 24 examples, likely including numerous resubmitted coins.
Light to medium intensity bluish-violet and beige-gold patination blushed with hints of lilac bathes both sides of this lovely Gem, but in no way diminishes the relatively strong field-motif variance that is apparent when the coin is rotated slightly beneath a light source. A powerful strike delivers strong definition to the design elements, leaving none with even a hint of weakness. Close inspection with a glass reveals well cared-for surfaces. We mention a small milling mark beneath Liberty's left (facing) breast solely for pedigree purposes. A distinctive backward J-shaped toning streak extending from under the eagle's head toward the space between the AT in STATES will also help identify the coin. This exceptional Gem will be a notable addition to a high-grade Seated proof collection. Census: 3 in 65, 3 finer (3/09).
Ex: Heritage (6/1987), lot 4372; Superior (1/1989), lot 4696; David Akers (Auction '89, 7/1989), lot 1153; Kenneth C. Long Estate (Bowers and Merena, 5/1995), lot 1215; The La Jolla Collection (Superior, 1/2004), lot 2564; Jack Lee Collection; Heritage (1/2006), lot 11605.
From The Joseph C. Thomas Collection.(Registry values: N10218) (NGC ID# 24ZV, PCGS# 6986)

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