Menu
Welcome Sign-In | Register
Sold for: Sign-in or Join (free & quick)
includes Buyer's Premium (BP) 

Description

Exquisite PR64 1850 Dollar

1850 $1 PR64 NGC. Gold was discovered in 1848, and by 1850, California gold camps had yielded enough bullion to sway the market ratio of silver to gold. Silver became comparatively scarcer, and thus more valuable. The metallic content of silver coins exceeded face. Mint deposits of silver bullion dwindled, and mintages fell correspondingly. In 1850, only 7,500 business strike silver dollars were coined. The proof mintage is small but unrecorded.
In 1993, Q. David Bowers described two die pairs. The present piece is his second variety. It is distinguished by a recut base of the 0 in the date, and a cluster of die lines from the denticles beneath the 50. The reverse die is familiar to Seated dollar researchers, as it appears to have struck the sizeable majority of proof 1840 to 1850 Seated dollars. Its primary diagnostics are die lumps on each side of the right upright of the second A in AMERICA, above the crossbar.
The obverse die was also used to coin a portion of the business strikes. Per Bowers (1993), the ANS holds an 1852 proof struck from the 1840 to 1850 restrike die. This is the only known post-1850 specimen from the shared reverse.
The present specimen exhibits beautiful golden-brown and mauve-red toning. The strike is razor-sharp, even on Liberty's curls, the eagle's ankles, and the peak of the left (facing) wing. Thorough rotation beneath a loupe fails to locate any conspicuous hairlines. This lot provides a combination of rarity, quality, and value that would be difficult to surpass. Census: 10 in 64, 3 finer (2/08).
From The Queller Family Collection of Silver Dollars.(Registry values: N7079) (NGC ID# 2522, PCGS# 6991)


View all of [The Queller Family Collection of Silver Dollars ]

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

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
April, 2008
16th-19th Wednesday-Saturday
Internet/Mail/Phone Bidders: 6
Lot Tracking Activity: N/A
Page Views: 923

Buyer's Premium per Lot:
15% of the successful bid (minimum $9) per lot.

Heritage membership

Join Now - It's Free

VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 

Consignments wanted

Only 37 days left to consign to the 2016 April 27 - May 2 CSNS US Coins Signature Auction - Chicago!

Learn about consigning with us

I appreciate all of your work, your expert advice, and the “hand-holding” as I ventured out into the world of the consignments & auctions for the first time!
Kathleen Rotert
View More Testimonials

HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com

Video tutorial

Getting the most out of search

Recent auctions

2016 February 4 - 7 Long Beach Expo US Coins Signature Auction - Long Beach
2016 February 4 - 7 Long Beach Expo US Coins Signature Auction - Long Beach
REALIZED SO FAR $7,382,046
2016 January 12 - 13 World Coins - Dallas
2016 January 12 - 13 World Coins - Dallas
REALIZED $1,973,394
2016 January 7 - 11 FUN World Currency Signature Auction - Tampa
2016 January 7 - 11 FUN World Currency Signature Auction - Tampa
REALIZED $778,415

© 2016 Heritage Auctions | All Rights Reserved