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1825

1852 $1 Restrike PR65 NGC....

2008 July-August Baltimore, MD (ANA) US Coin Signature Auction #1114

 
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Auction Ended On: Jul 31, 2008
Item Activity: 6 Internet/mail/phone bidders
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Location:

Baltimore, MD

Description:
Sharp 1852 Restrike Dollar, PR65
Among Finest Known
1852 $1 Restrike PR65 NGC. Ex: Pittman-Kaufman. Phil Kaufman's 1852 proof dollar pedigrees to the John Jay Pittman collection, which incidentally is noted on the NGC insert. NGC also classifies the Pittman-Kaufman as a "Restrike," which according to Walter Breen (1989) was made with the 1858-1859 reverse die. Breen notes that "Original" 1852 proof dollars employed the 1840-1849 reverse (and perhaps that of 1850).
David Bowers, in his Silver Dollars and Trade Dollars of the United States, estimates that 45 to 90 1852 proof Restrike dollars were minted, and that 29 to 46 are extant. His mintage estimate for Original coins is 15 to 30 pieces, with seven to 14 specimens in existence. NGC and PCGS have certified 14 Restrikes, including the NGC-graded Kaufman Gem, and 13 Originals.
Not all numismatists distinguish between 1852 proof dollar Originals and Restrikes. David Akers, for example, in his cataloging of the Pittman coin, states: "... I remain unconvinced that any Proof Silver Dollars were actually struck in 1852, and I believe that all ... were minted later in the decade and are therefore Restrikes."
Regardless of the Original/Restrike controversy, Phil Kaufman's 1852 proof dollar is one of the six finest certified of both Original and Restrike. Light gold-tan patina dominates both sides, accented with splashes of electric-blue and lavender around the peripheries, and an impressive strike results in virtually complete definition on the design features. No mentionable contact marks are visible, and only a few wispy hairlines show up in the fields under high magnification. Overall, this is a sharp coin with a notable pedigree.
From The Phil Kaufman Collection of Early Proof Sets, Part Four.(Registry values: N10218) (NGC ID# 2526, PCGS# 6994)

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