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Description

Extremely Scarce 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 15-18 specimens survive today as recognizable proofs. This somewhat mishandled 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 being an extended mark to the right of the date. Population: 2 in 62, 3 finer (7/07).
(Registry values: N7079) (NGC ID# 24ZY, PCGS# 6989)

Service and Handling Description: Coins & Currency (view shipping information)

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Auction Dates
August, 2007
8th-12th
Internet/Mail/Phone Bidders: 4
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Page Views: 420

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Due completely to Heritage's thoroughly diligent and professional management and promotion of the collection, the faraday Collection stirred national attention among numismatists and the auction results brought a gross value greater than that last estimated by the experienced collector.
The Estate of David M. Faraday ,
San Rafael, CA
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