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Lot
4042

1851 $1 AU58 PCGS. The fact that most extant 1851 ...

2002 April Columbus, OH (CSNS) Signature Sale #288

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Auction Ended On: Apr 25, 2002
Item Activity: 8 Internet/mail/phone bidders
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Location: Columbus, OH
Description:
Nearly Uncirculated 1851 Seated Dollar, The Rarest P-Mint Issue in the Series
1851 $1 AU58 PCGS. The fact that most extant 1851 Dollars grade XF, AU, or Mint State suggests that this issue did not see widespread circulation. Still, with a paltry original mintage of 1,300 coins, it is little wonder that the '51 is one of the keys to the Seated Dollar series. NGC and PCGS have certified just 32 examples, only one of which grades lower than AU58 (1/02). The present representative is toned in olive-gray shades with splashes of more vibrant, electric-blue color around many of the devices. Remnants of a semi-prooflike finish are evident at certain angles. This sharply struck coin is remarkably abrasion-free for a near-Mint Seated Dollar, although a few handling marks on Liberty's cheek are noted for accuracy. The ever-present clashmark (as struck) in the right obverse field near Liberty's forearm is discernible. An exceptionally attractive AU58 Seated Dollar irrespective of date, and a highlight of the Silverman Collection. This coin may be the AU58 PCGS example that realized $28,750 as lot 1407 in the Goldbergs' February 2000 Sale. (NGC ID# 24YP, PCGS# 6939)

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