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Lot
2589

1848 $1 PR62 PCGS....

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

 
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$25,000
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Offers to date: $16,560 on November 7, 2009
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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:
Toned 1848 Seated Dollar, PR62
1848 $1 PR62 PCGS. Proofs from the 1840s of any denomination are of the utmost rarity, only being struck by the Philadelphia Mint at the request of the handful of influential collectors from the period or as a presentation piece for a dignitary or high government official. Experts have estimated the number of 1848 proof dollars issued at between 25 and 35 pieces, and it is believed as few as 15 to 18 specimens survive today as recognizable proofs. This specimen is layered in violet-gray patina, with flashes of steel-blue found primarily in the areas surrounding the devices. Light hairlines and contact marks are present on both sides, the most noticeable an extended mark to the right of the date. Population: 2 in 62, 3 finer (3/09).
From The Joseph C. Thomas Collection.(Registry values: N7079) (NGC ID# 24ZY, PCGS# 6989)

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