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Lot
3882

1855 $1 PR62 NGC....

2011 June Long Beach Signature US Coin Auction #1156

 
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Auction Ended On: Jun 2, 2011
Item Activity: 7 Internet/mail/phone bidders
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Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:

1855 Seated Dollar, PR62
Rarely Seen Early Proof
1855 $1 PR62 NGC. In the Silver Dollar Encyclopedia Q. David Bowers comments, "Although Walter H. Breen states in his Encyclopedia on Proof coins that possibly 50 to 60 Proof 1855 silver dollars survive, my experience differs. I believe that fewer were coined and fewer survive today than of the 1854. ... It is my opinion that Proof 1855 Liberty Seated dollars are very rare, more so than popular catalogues estimate." The proof Seated dollars of 1855 were struck from a different obverse die than business strikes, with the date deeply impressed into the die. This attractive example offers rose tinted gray-brilliant surfaces that show a few light field hairlines, but it appears that it would nonetheless achieve an even finer grade save for a noticeable scrape to the right of the date. While worthy of note, it is not overly bothersome, and this coin, given the overall rarity of the issue, may represent good value to potential bidders. Only about two dozen submissions have been seen finer at both services combined. Census: 1 in 62, 13 finer (4/11).(Registry values: N4719) (NGC ID# 2529, PCGS# 6998)

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