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Lot
6368

1849 $1 PR58 PCGS. It has been several years since we ...

2004 August Pittsburgh, PA Signature Sale #352

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Auction Ended On: Aug 19, 2004
Item Activity: 5 Internet/mail/phone bidders
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Location: Pittsburgh, PA
Description:
Very Rare Proof 1849 Seated Dollar
1849 $1 PR58 PCGS. It has been several years since we offered a proof 1849 dollar. The reason being, of course, that it is one of the premier rarities in the Seated dollar series. It is just a bit scarcer than the 1841 and 1843--only 8-12 pieces were believed to have been struck, and of that number some 5-8 examples are believed known today. This piece has flashy, deeply reflective fields, as one would expect. It also displays the proof diagnostics on the obverse as listed in the BB reference: an imperfection on the 4 in the date, and several shallow rust marks near the border below and to the left of the date. Further diagnostics include "whiskers" under Liberty's chin (as seen on the Eliasberg coin). This is struck from the common reverse die that was used for proofs beginning in 1840. A hallmark of this die is small projections from the outer right edge of the final A in AMERICA. This is clearly struck from the Proof die pair. The depth of field is sufficient as well. A rarely offered proof Seated dollar and a coin that will surely find its way into a major collection. (#6990) (Registry values: N4719) (NGC ID# 24ZZ, PCGS# 6990)

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