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Lot
3868

1854 $1 PR64 Ultra Cameo NGC....

2012 July 12-15 US Coin Summer FUN Signature Auction - Orlando #1172

 
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Auction Ended On: Jul 12, 2012
Item Activity: 7 Internet/mail/phone bidders
569 page views
Location: Orange County Convention Center
9800 International Drive
Orlando, FL 32819
Description:

1854 Seated Dollar, PR64 Ultra Cameo
Profoundly Contrasted
1854 $1 PR64 Ultra Cameo NGC. The 1854 proof Seated dollar is a prime rarity in any grade with a mintage that has variously been estimated between 50 and 100 pieces. Even business strikes are rare, as apparently most were exported in an early attempt to create a "trade" dollar issue for the United States, according to the Bowers-Borckardt reference. A near-Gem proof such as the present example should stir intense interest among knowledgeable collectors.
Profound field-to-device contrast is the chief attribute of each side of this impressive proof coin. The surfaces at first glance appear brilliant, but a faint blush of rose patina occurs on the obverse. The strike is full throughout. A few light field hairlines and faint contact marks are perhaps all that preclude an even finer grade. A "whiskers" effect appears under Liberty's chin, but the confirmation as a proof is provided by the always-present triangular bit of metal above the 5 in the date. This piece is the sole Ultra Cameo in any grade certified at NGC, and probably fewer than 30 examples of the issue survive in any grade. (PCGS# 96997)

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