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Lot
4339

1856 $1 PR65 NGC....

2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184

 
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Auction Ended On: Apr 25, 2013
Item Activity: 5 Internet/mail/phone bidders
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Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:
1856 Silver Dollar, PR65
The Starr-Kaufman Specimen
1856 $1 PR65 NGC. Pedigreed to the famous Floyd Starr and Phil Kaufman collections, this specimen is an aesthetically desirable Gem that will please the connoisseur. Few similar Gems have been certified, with most known proofs certified in lower grades.

Proof Seated dollars are the most popular coins in the entire series of silver proofs, a situation that remains unchanged since the time of issue. While mintages for the proof dollars were higher than the subordinate denominations, demand was and still is proportionately higher. The PCGS website suggests a surviving population of 50 to 75 coins in all grades.

Few unusual die characteristics are visible to distinguish between proofs and business strikes. The claws are curved and nearly joined, and the two lower arrowheads are joined. Small unpolished areas are located at the bottom of most "white spaces" between vertical shield elements. Faint diagonal striations slant up to the left on the obverse and up to the right on the reverse, exactly oriented with each other, suggesting that these are remnants of the rolling operation before planchets were punched from the strip.

A gorgeous Gem with excellent contrast between the mirrored fields and frosty devices. A few faint hairlines and contact marks are hidden beneath the appealing gold, lilac, and blue toning that is intermingled on both sides, including small nicks below CA of AMERICA, useful for pedigree tracking. Counted among the finest known examples with fully original toning and exceptional eye appeal.
Ex: J.C. Morgenthau (10/1939), lot 175; Floyd T. Starr (Stack's, 10/1992), lot 600; The Phil Kaufman Collection of Early Proof Sets, Part One (Heritage, 8/2007), lot 1797.
From The Greensboro Collection, Part III.(Registry values: N7079) (NGC ID# 252A, PCGS# 6999)

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