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Lot
1233

1846 $1 PR64 NGC....

2010 March Fort Worth, TX Signature ANA US Coin Auction #1138

 
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Auction Ended On: Mar 25, 2010
Item Activity: 7 Internet/mail/phone bidders
531 page views
Location: Fort Worth Convention Center
1201 Houston Street
Fort Worth, TX 76102
Description:
Richly Toned 1846 Seated Dollar, PR64
Ex: WGC, Menjou, Pittman, Richmond, Jack Lee
1846 $1 PR64 NGC. Ex: Pittman/Richmond. This piece has a memorable pedigree that extends back to the "World's Greatest Collection" of legendary numismatist F.C.C. Boyd, along with such later luminaries of numismatics as famed Hollywood actor Adolphe Menjou, John Jay Pittman, and Jack Lee. When we offered the piece in July, 2009, we wrote this about the coin:

"This boldly blundered date has the first impression about 50% below the final date position. In the World's Greatest Collection catalog, Abe Kosoff and Abner Kreisberg cataloged the variety as '1846 over 44.' A half century before that, David Proskey called the variety '1846 over 45' in the Parmelee catalog.
"Proof silver dollars of 1846 exist in two different varieties. David Akers wrote in the Pittman catalog that the 1846 Seated dollars were the only proofs of the 1840s with more than one variety, apparently overlooking the second variety of proof 1845. About 10 to 15 examples of the blundered date proof are known, and about five or six examples of the normal date are known. The known population includes an example in the Smithsonian Institution, along with numerous auction appearances. Our database includes 50 different auction appearances of proof 1846 dollars.
"A wonderful proof, this example is fully and deeply mirrored around satiny devices, all beneath predominant steel-blue toning, with lighter gold and bright silver at the centers."


This piece in PR64 is one of eight coins so certified at NGC, with one PR66 finer. PCGS has graded three PR64 pieces, with one PR65 finer. Although the total at both services stands at 24, we doubt that more than 15 different pieces exist.
Ex: World's Greatest Collection (Numismatic Gallery, 1/1945), lot 135; Adolphe Menjou (Numismatic Gallery, 6/1950), lot 2091; John J. Pittman (David Akers, 5/1998), lot 1674; Richmond Collection (David Lawrence, 11/2004), lot 1511; Estate of Jack Lee Collection (Heritage, 1/2009), lot 3962.(Registry values: N7079) (NGC ID# 24ZW, PCGS# 6987)

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