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Lot
1234

1851 $1 Restrike PR62 NGC....

2010 March Fort Worth, TX Signature ANA US Coin Auction #1138

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Auction Ended On: Mar 25, 2010
Item Activity: 8 Internet/mail/phone bidders
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Location: Fort Worth Convention Center
1201 Houston Street
Fort Worth, TX 76102
Description:
Prized PR62 1851 Restrike Seated Dollar
1851 $1 Restrike PR62 NGC. Ex: Richmond Collection. The 1851 Seated dollar is a confusing date in the series, whose understandability is hampered even more by the infrequency that these pieces were offered. In short, there were 1,300 business strikes produced. That is certain, but after that matters become more cloudy. Allegedly original proofs were struck, but Bowers claims these are really misattributed restrikes or first-strike business strikes. It appears that some 50-100 restrikes were produced in 1858 or later to satisfy collector demand for this date. Much has been made about the centering of the date or its closeness to the rock above the exergual area, but until someone proves definitively that a true, non-die clashed proof with a high date exists, we will assume that the few proofs that are known are all restrikes.
This is a modestly mirrored example that has light, golden-tan toning over each side. A few small contact marks are located in the fields, the most notable are seen to the right of Liberty's shin, another to the left of the eagle's beak, and a third below the left leg of the second A in AMERICA. A lovely example of this very rare and highly sought-after Seated dollar. Census: 4 in 62, 8 finer (2/10).
Ex: Richmond Collection, Part Two (David Lawrence, 11/2004), lot 1516, which realized $24,725.(Registry values: N7079) (NGC ID# 2524, PCGS# 6993)

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