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Lot
3317

1858 $1 PR65 NGC. CAC....

2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando #1166

 
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Auction Ended On: Jan 4, 2012
Item Activity: 5 Internet/mail/phone bidders
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Location: Orange County Convention Center
North/South Building
9899 Universal Blvd.
Hall SB - South Building
Orlando, FL 32819

Description:
Gem Proof 1858 Seated Dollar
Sole Proof-Only Key to the Series
1858 $1 PR65 NGC. CAC. The 1858 Seated silver dollar is both famous and infamous for its status as the sole proof-only issue in this series, the predecessor to the Morgan silver dollars. The Seated dollars are a series to which some advanced numismatists gravitate slowly, many of them beginning in the Morgan dollars and then working backward. The 1858 Seated dollar is, along with the 1851 and 1852 issues, among the top three keys to the series, several times rarer than the 1895 Morgan dollar, also a proof-only issue. The 1858 Seated dollar is two or three times rarer than the 1895, although more affordable due to the smaller collector base. The present Gem example boasts nicely mirrored surfaces with faint field-device contrast. The strike is bold, showing weakness only at the top of the eagle's left wing. Light lilac and rose toning appears throughout. Census: 5 in 65, 4 finer (11/11).(Registry values: N7079) (NGC ID# 252C, PCGS# 7001)

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