There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.

1864 $1 PR68 NGC....

2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184

Sold for: Sign-in or Join (free & quick)
Make Offer:
Make Offer to Owner

Owner's willingness to entertain and respond to Offers has not yet been verified.
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Apr 25, 2013
Item Activity: 7 Internet/mail/phone bidders
446 page views
Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173


1864 Silver Dollar, PR68
Borderline Cameo Proof
1864 $1 PR68 NGC. Only 470 proof Seated Liberty dollars were struck in 1864, and the present coin is one of the finest-certified survivors of that paltry mintage. The strained economic conditions of the Civil War explain the low demand for proof coins during the 1860s. Silver and gold coins did not circulate in this country after 1861 because of public hoarding. The government suspended specie payments and would only exchange precious metal issues for payment in kind. This meant that in addition to the usual fee the Mint charged for proof coins, collectors actually had to pay for the silver (or gold) coins with other silver (or gold) coins that could only be obtained from bullion brokers at steep premiums. Few collectors cared to incur the extra expense and difficulty involved in ordering proofs under those circumstances.

The silver dollars were all issued with the proof sets, which began to appear on the secondary market almost immediately. One set was offered in lot 330 of the Fifth Semi-Annual Sale (W. Elliot Woodward, 10/1864), "1864 Splendid proof set, seven pieces." The lot realized $8 to William Lilliendahl. This set must have been issued early in the year, as the sets issued in July contained the new two cent piece, and would have had eight total pieces. The price realized was quite high for coins issued only a few months prior to the sale with a face value of just $1.94.

The coin offered here is a magnificent PR68 specimen with razor-sharp definition on all design elements and deeply mirrored fields that show no signs of contact. The virtually perfect surfaces are spectacularly toned in shades of slate-gray, sea-green, golden-brown, lavender, and cobalt-blue. Although this coin is not designated as a Cameo, the frosty obverse devices show distinct elements of contrast. Eye appeal is simply incredible. Advanced collectors should bid accordingly. Census: 3 in 68, 0 finer (3/13).(Registry values: N10218) (NGC ID# 252J, PCGS# 7007)

View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
or Join (free & quick)
Price Guide
or Join (free & quick)
Population Guide
or Join (free & quick)
Find Auction Prices for Comparable Items:

Sign-in or Join (free & quick) to see the full image

Open For Bidding
Coming Soon
sold in the last year
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
Only 7 days left to consign to the 2015 April 22 - 27 CSNS US Coins Signature Auction - Chicago!
Learn About Consigning With Us
What I most appreciated was how thorough you were when we initially met, how you were conservative in your estimates, not trying to get me to consign by giving false expectations, and then for delivering above and beyond on your commitment to me of a wonderful marketing campaign and a first rate catalog and photos, all of which resulted in a final total price realized that was nicely higher than what you had told me to expect.
Adam Mervis,
Decatur, IL receives more traffic than any other auction house website. To compare for yourself, visit:
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
2015 February 26 - March 1 PNG Dallas Invitational US Coins Signature Auction - Dallas
2015 February 26 - March 1 PNG Dallas Invitational US Coins Signature Auction - Dallas
REALIZED SO FAR $6,510,053
2015 January 13 - 14 World Coins & Ancient Coins - Dallas
2015 January 13 - 14 World Coins & Ancient Coins - Dallas
REALIZED $3,001,104
2015 January 8 - 12 FUN World Currency Signature Auction - Orlando
2015 January 8 - 12 FUN World Currency Signature Auction - Orlando
REALIZED $990,575