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Lot
2395

1857 $1 PR64 PCGS. CAC....

2009 March Baltimore, MD Signature US Coin Auction #1126

 
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Auction Ended On: Mar 29, 2009
Item Activity: 7 Internet/mail/phone bidders
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Location:

Sheraton Inner Harbor
300 S. Charles Street
Baltimore, MD 21201
(410) 962-8300
Auction Room: Meeting Room "Severn 1"

Description:
Outstanding 1857 Seated Dollar, PR64
1857 $1 PR64 PCGS. CAC. Breen-5455. Most of the business strike 1857 Seated dollars were used for the export trade, and few ever saw domestic circulation. Circulated 1857 dollars are almost equally as rare as their Mint State counterparts. The proof Seated dollars saw an emission of a few dozen pieces at most, and today there are fewer than two dozen pieces graded PR64, with nine coins finer at both services combined (2/09). This piece has the beardlike protrusion below Liberty's chin seen on some proof specimens as described in Bowers-Borckardt, with the left side of the 1 in the date slightly to the right of a denticle edge. Both sides show considerable reflectivity and moderate field-device contrast, with light gold patina predominating against areas of smoke-gray and a patch of teal on the obverse. An attractive, problem-free, and rare specimen. Population: 10 in 64, 1 finer (12/08).(Registry values: N7079) (NGC ID# 252B, PCGS# 7000)

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