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Lot
5325

1857 $1 PR64 PCGS. Breen-5455. This year marked the passing of the large cent, and the Mint s...

2006 August Denver, CO Signature & Platinum Night Auction #414

 
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Auction Ended On: Aug 14, 2006
Item Activity: 4 Internet/mail/phone bidders
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Location: Denver, CO
Description:
Sharp Near-Gem Proof 1857 Seated Dollar
1857 $1 PR64 PCGS. Breen-5455. This year marked the passing of the large cent, and the Mint struck numerous proof 1857 cents as well as other coins. Pioneer early dealer Edward Cogan marked this as the beginning of a widespread interest in coin collecting in America, and the first professional coin dealers. The 1857 business strike silver dollars were minted primarily for export to China, and few, if any, circulated domestically. Most of the business strikes had prooflike surfaces, to one degree or another. Many of the business strikes, and some proofs struck from the same die, show flatness on Liberty's head. This coin is clearly struck from a different die, as the head is gloriously well struck up. The Bowers-Borckardt volume describes a tiny die flaw as a "beard" below the chin. This example has well mirrored fields with smoke-gray rims, accented by a tinge of blue, and brilliant silver centers on the obverse. The reverse center is copper-hued. Population: 9 in 64, 2 finer (7/06).(Registry values: N7079) (NGC ID# 252B, PCGS# 7000)

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