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Lot
10262

1846 $1 PR62 NGC. Prior to 1858, proofs were not coined with any regularity or with any real plan for distribution, and th...

2005 July San Francisco, CA (ANA) Signature Auction #382

 
Sold for: Not Sold
Auction Ended On: Jul 28, 2005
Item Activity: 3 Internet/mail/phone bidders
213 page views
Location: San Francisco, CA
Description:
Rare 1846 Proof Seated Dollar
1846 $1 PR62 NGC. Prior to 1858, proofs were not coined with any regularity or with any real plan for distribution, and this dollar was probably struck at the request of one of the few collectors of the time or as a presentation piece for some contemporary VIP. The 1846 proof Silver Dollar is a true rarity. Bowers estimates only 30-40 were coined, with 15 or so that can be traced today. The only other proof we have seen recently is a near-Gem piece that we sold three years ago.
The mirrored fields on this piece are quite muted due to the depth of the gunmetal-blue and gray toning. Lightly hairlined, several small marks and abrasions from rough handling are noted in the fields on each side. However, these small impairments should not deter a strong bid for this exceedingly rare piece. Population: 1 in 62, 11 finer (6/05).
From The Dr. John L. Pellegrini Collection of Liberty Seated Dollars.(#6987)(Registry values: N7079) (NGC ID# 24ZW, PCGS# 6987)

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