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Lot
3293

1840 $1 MS63 PCGS....

2010 August Boston, MA Signature & Platinum Night ANA Coin Auction #1143

 
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Auction Ended On: Aug 11, 2010
Item Activity: 5 Internet/mail/phone bidders
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Location:

Hynes Convention Center
900 Boylston Street
Boston, Massachusetts 02115

Description:
Rarely Seen MS63 1840 Seated Dollar
1840 $1 MS63 PCGS. The 1840 Seated Liberty silver dollar was the first-year-of-issue for the design. For some reason, the public did not save large numbers of these new coins, breaking the usual pattern for new issues. Perhaps the financial hardships of the "Hard Times" era prevented casual collectors from acquiring specimens of this date for keepsakes. This circumstance resulted in a high degree of circulation for this issue. Today, specimens of the 1840 are rare in Mint State.
The present coin features attractive gunmetal-blue toning, with original luster visible on the central devices. The design elements are finely detailed, and a few scattered handling marks are consistent with the grade. Population: 10 in 63, 3 finer (7/10).(Registry values: N4719) (NGC ID# 24YA, PCGS# 6926)

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