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6245

1858 $1 PR63 NGC. The 1858 Seated dollar is one of the most respected and highly sought-after silver coins in U.S. numisma...

2005 June New York, NY Signature Auction #380

 
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Auction Ended On: Jun 30, 2005
Item Activity: 3 Internet/mail/phone bidders
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Location: New York, NY
Description:
Rare Proof-Only 1858 Silver Dollar, PR63
1858 $1 PR63 NGC. The 1858 Seated dollar is one of the most respected and highly sought-after silver coins in U.S. numismatics. While it is known that no business strikes were produced of this date, it is far from clear just how many proofs were struck. The Mint did not start keeping proof mintage records until the following year. Estimates have ranged from as low as 80 coins (per S. Hudson and Henry Chapman) to as high as 600 coins extant (per the Gobrecht Journal, July 1982). All we can do with certainty is quote combined NGC and PCGS population data, which lists 145 coins in all grades (5/05). Naturally, some of these "coins" are probably resubmissions of the same specimens. This particular piece has flashy, deeply reflective fields with just a hint of light golden color on each side. Lightly hairlined, the only contact marks of note are located in the upper reverse fields above the eagle's wings. Population: 28 in 63, 9 finer (5/05).
From our February 2005 Long Beach Sale.(#7001) (Registry values: N4719) (NGC ID# 252C, PCGS# 7001)

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