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Lot
1248

1857 $1 PR64 NGC. CAC....

2008 June West Palm Beach, FL (Summer FUN) Signature Coin Auction #1110

 
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Auction Ended On: Jun 26, 2008
Item Activity: 7 Internet/mail/phone bidders
6,511 page views
Location:

Palm Beach County Convention Center
650 Okeechobee Blvd.
West Palm Beach, FL 33401

Description:
Gorgeous 1857 Seated Dollar, PR64
1857 $1 PR64 NGC. CAC. There are apparently two different die varieties known for the proof Seated dollars of this year, although this is another issue that needs considerable additional study. An unfinished area of the die below Liberty's chin has sometimes been called a beard. In the date, the left edge of the base of the 1 is over the left half of a dentil below. The shield point is over the left edge of the upright of this digit, or perhaps ever so slightly right of it. Apparently, the sharply defined head of Liberty is also a characteristic of this first variety. The obverse die of the second variety is quite similar, but reportedly always with the head of Liberty flat, much like the typical business strikes of this date. It may be this last feature that is the only distinguishing characteristic in older catalog photos. The reverse from each of these varieties is apparently different, and these two reverses are also quite similar. It may actually be determined that these two reverse dies are actually one and the same.
This example is sharply struck with a full head. It has exceptional aesthetic appeal, with only the faintest traces of light champagne color on both sides. A rare issue with relatively few survivors, and the last issue before active sales of Proof coinage began for collectors. Census: 13 in 64, 8 finer (5/08).
From The Jack Lee Collection, III
From Anaconda Rare Coins.(Registry values: N7079) (NGC ID# 252B, PCGS# 7000)

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