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Gorgeous 1859 Seated Dollar, PR67

1859 $1 PR67 NGC. Of the 800 proof Seated dollars that the Philadelphia Mint prepared in 1859, no more than 450 pieces found their way into collectors' hands. As the anticipated public demand failed to materialize, the remaining pieces met their fate in the melting pot. Research indicates that fewer than 250 specimens probably have survived, including many impaired pieces. Certainly, very few survivors achieve the lofty Superb Gem designation of the coin offered in this lot. Indeed, it is one of the four finest examples certified by NGC (11/08). No 1859 dollars in PR67 or better condition have been seen by PCGS.
The present specimen displays repunching on the base of the 1 in the date. Only visible under a loupe, this feature is diagnostic of all proof 1859 dollars. This beautifully toned representative is one of the lucky few that saw meticulous care from the beginning. The strike is needle sharp in all areas, including bold definition on the sandal of Liberty's foot. Lovely cobalt-blue, lavender, and gold-brown toning gravitates to the borders, leaving the centers nearly brilliant. The surfaces are impeccably preserved, displaying just a few minor marks on the Liberty motif. A couple of lint marks beneath Liberty's right (left facing) breast, and a minute circular surface imperfection in the upper right obverse field, serve to identify the piece.
From The Estate of Jack Lee Collection.(Registry values: N10218) (NGC ID# 252D, PCGS# 7002)

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Auction Dates
January, 2009
Internet/Mail/Phone Bidders: 3
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