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Lot
7265

1850 $1 PR63 NGC. CAC....

2011 August Chicago Signature US Coin & Platinum Night Auction #1158

 
Sold for: Not Sold
Auction Ended On: Aug 12, 2011
Item Activity: 3 Internet/mail/phone bidders
452 page views
Location: Marriott - Chicago O Hare
8535 W. Higgins Road
Chicago, IL 60631

Description:
1850 Seated Dollar, Lightly Toned PR63
Low Total-Mintage Year
1850 $1 PR63 NGC. CAC. Open 5. Two proof dies were used to strike the 1850 dollar with an Open 5. This particular obverse die has an open 5 in the date, with the 0 in 1850 double punched. Die file marks are seen below 50 and the obverse die is uncracked (as opposed to the second die pairing, which is cracked). Business strikes were also produced from this die pairing. There is no doubt about the proof status of this piece, however, with its deeply mirrored fields. Each side shows scattered golden-rose toning, a bit deeper in hue on the obverse than the reverse. The striking details show pinpoint definition on each side, also a feature common to proofs but certainly not a given on prooflike strikes for circulation. Only 40-60 proofs are believed to have been struck of all three die pairings, and in PR63 three pieces have been certified by NGC with 16 finer (7/11).(Registry values: N7079) (NGC ID# 2522, PCGS# 6991)

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