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Lot
2950

1858 $1 PR64 PCGS....

2008 January Orlando, FL (FUN) Signature Coin Auction #454

 
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Auction Ended On: Jan 10, 2008
Item Activity: 7 Internet/mail/phone bidders
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Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Lot Viewing, Room 220 D, E, F
Auction, Room 230 B

Description:
Desirable 1858 Dollar, PR64
1858 $1 PR64 PCGS. The 1858 proof dollar is the most famous and desirable of the Seated Liberty dollar series due to its status as the only "proof-only" date issued from 1840 to 1873. The mintage of this issue is given as 300+ in the 2008 Guidebook, up considerably from the figure of 80 pieces that was mentioned by Walter Breen in his United States and Colonial Proof Coins. Breen indicates that the 80-piece estimate apparently originated with the Chapman brothers, who supposedly obtained it from mint sources. In any event, we do note that PCGS and NGC have, to date, certified about 150 1858 proof examples ranging in grades from PR20 to PR66.
The near-Gem specimen presented here displays whispers of golden-tan and violet patina, most noticeably at the obverse border. The strike is impressive, resulting in virtual completeness on the design features. A few wispy handling marks are not at all bothersome. Population: 6 in 64, 4 finer (12/07).(Registry values: N4719) (NGC ID# 252C, PCGS# 7001)

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