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Lot
2162

1865 $1 PR65 NGC....

2008 April Rosemont, IL (CSNS) Signature Coin Auction #1104

 
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Auction Ended On: Apr 17, 2008
Item Activity: 6 Internet/mail/phone bidders
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Location: Rosemont, IL
Description:
Popular and Rare 1865 Seated Dollar, Gem Proof
1865 $1 PR65 NGC. The 1865 is one of those Seated dollar issues sure to elicit spirited bidding--especially a lovely Gem such as the present specimen. The mintage of business strikes for this final year of the Civil War was quite low to begin with--46,500 coins--and most of them appear to have been exported to Latin America. Mint State business strikes are accordingly extremely rare, exerting added upward price pressure on the few proofs produced, 500 to be precise.
As of (3/08) NGC has certified 27 Gem proof examples of this date, with 17 finer (finest a PR68!), less the usual suspect quantities to allow for resubmissions and the like.
The fields on this proof are extraordinarily deep in their mirrored reflectivity, an attribute that is even more surprising when one sees the mottled gray and blue toning that covers most of each side. Pinpoint striking details are seen on this lovely Gem, and there are no noticeable contact marks on either side.
From The Queller Family Collection of Silver Dollars.(Registry values: N4719) (NGC ID# 252K, PCGS# 7008)

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