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Lot
2591

1851 $1 Restrike PR63 NGC. CAC....

2009 April-May Cincinnati, OH (CSNS) US Coin Auction #1124

 
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Auction Ended On: Apr 30, 2009
Item Activity: 9 Internet/mail/phone bidders
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Location:

Duke Energy Center
525 Elm Street
Cincinnati, OH 45202

Description:
Brightly Reflective PR63 1851 Restrike Seated Dollar
1851 $1 Restrike PR63 NGC. CAC. Since the 1851 business strike has a remarkably low mintage of 1,300 pieces, it is understandable that prodigious demand exists for 1851 proofs. The proof mintage is unknown, but undoubtedly low. In his 1993 silver dollar Encyclopedia, Q. David Bowers estimated only 50 to 100 proofs were struck. He describes two different sets of proof dies. The present specimen is from his first die pair. The obverse die is identified by a raised and slightly curved line near the center of the final 1 in the date. The reverse die is distinguished by a reduction in relief for the first vertical stripe as it approaches the lowest horizontal line within the eagle's shield. This example features light chestnut-brown and rose toning that deepens slightly near the borders. The strike is unimprovable, and the devices display modest (albeit undesignated) cameo contrast. Census: 2 in 63, 5 finer (3/09).(Registry values: N7079) (NGC ID# 2524, PCGS# 6993)

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