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Lot
5644

1871 $1 PR66 Cameo PCGS Secure. CAC....

2011 January Tampa FUN Signature & Platinum Night US Coin Auction #1151

 
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Auction Ended On: Jan 6, 2011
Item Activity: 6 Internet/mail/phone bidders
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Location: Tampa Convention Center
333 S. Franklin St.
Tampa, FL 33602
Description:

1871 Seated Dollar, PR66 Cameo
A Fabulously Toned, Original Type Coin
1871 $1 PR66 Cameo PCGS Secure. CAC. Ex: MBJ. The Seated dollar series is an interesting one and one that has a couple of counterintuitive surprises in the No Motto and With Motto series. Among business strikes, the collecting of Seated dollars is almost impossible in high grades. And yet, the two most available issues in the entire series in Uncirculated grades are both No Motto issues, hoard dates from Treasury releases in the early 1960s, the 1859-O and 1860-O. Among proof issues, the earlier No Motto dollars are only slightly less available than their later With Motto counterparts. However, when one looks at Cameo dollars in Gem condition, the With Motto coins are almost twice as available as No Motto pieces. This was undoubtedly because the Mint made a more conscious effort from 1866 through 1873 to produce a higher-quality product than it had in the earlier years. In the early years when No Motto dollars were struck, the presence of cameo contrast on a proof was more a matter of chance and the result of the use of a new pair of dies where the mint frost on the devices had not diminished from successive strikings.
The production of proofs for 1871 was relatively high with 960 pieces struck. But this pales in comparison to the 1.07 million strikes for circulation. This is a fabulously toned, brightly mirrored proof that has an oval-shaped area of brilliance in the center of the obverse and a nearly brilliant center on the reverse. The remainder of each side is covered with multiple layers of cobalt-blue and rose toning. The cameo effect is pronounced even through the toning. The surfaces are nearly contact-free, but there is one interesting area on the reverse: a semicircular "crease" in the planchet between the M and I in AMERICA. Population: 2 in 66 Cameo, 0 finer (11/10).(Registry values: N7079) (PCGS# 87019)

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