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Lot
6636

1856 $1 PR61 PCGS. Although the exact number of proofs struck in 1856 is not known, it is generally believed that somewher...

2005 July San Francisco, CA (ANA) Signature Auction #382

 
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Auction Ended On: Jul 29, 2005
Item Activity: 6 Internet/mail/phone bidders
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Location: San Francisco, CA
Description:
Sharply Struck 1856 Proof Dollar
1856 $1 PR61 PCGS. Although the exact number of proofs struck in 1856 is not known, it is generally believed that somewhere between 60 and 125 pieces were originally produced. Of that number, Walter Breen stated that probably 40 or so proofs might still be extant today. This piece shows the faint diagnostic die lines in the field above ITE of UNITED, on the reverse. A barely discernible veneer of gold-tan color occupies bright surfaces on each side, and becomes slightly deeper along the margins. The design features are sharply struck throughout. A very faint pinscratch extends from the O of OF through the eagle's neck into the shield. It is difficult to see unless the coin is tilted at just the right angle under a light source. A few wispy hairlines are also noted in the fields.
From The Dr. John L. Pellegrini Collection of Liberty Seated Dollars.(#6999)(Registry values: N4719) (NGC ID# 252A, PCGS# 6999)

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