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Lot
7021

1850-O S$1

2001 November Santa Clara Signature Sale #275

 
Sold for: Not Sold
Auction Ended On: Nov 17, 2001
Item Activity: 3 Internet/mail/phone bidders
96 page views
Location: Santa Clara, CA
Description:
Important 1850-O Seated Dollar, Seldom Offered AU55 Quality
1850-O $1 AU55 NGC. The 1850-O is the second of only four O-mint issues in the Seated Dollar series of 1840-1873. The total mintage for this issue amounted to just 40,000 pieces, and, due to escalating silver prices, many of these coins may have been melted shortly after leaving the Mint. Those that did survive are either well worn or noticeably cleaned. The present example is free of excessive wear with only a little light rub across the highest points of the design. The strike is uncommonly bold for the type, although some incompleteness of detail is seen at the upper obverse border. The surfaces are toned in rich olive, charcoal, and lavender shades that deepen toward the rims. Scattered abrasions are most obvious in the upper reverse field, there is a planchet crack (as struck) at 10 o'clock on the reverse rim. (NGC ID# 24YN, PCGS# 6938)

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