There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Lot
926

1851 $1 MS63 NGC....

2009 September Long Beach, CA Signature US Coin Auction #1129

 
Sold for: Sign-in or Join (free & quick)
Make Offer:
Make Offer to Owner

The owner of this Item has been actively participating in the Make Offer to Owner program.
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Sep 10, 2009
Item Activity: 8 Internet/mail/phone bidders
4,706 page views
Location:

Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
Legendary 1851 Original Seated Dollar, MS63
1851 $1 MS63 NGC. The 1851 and 1852 Original Seated Liberty dollars have tiny mintage figures, recorded as 1,300 and 1,100 pieces, respectively. Proof Restrikes are known of both dates. It appears that their legendary rarity was recognized early on, both inside and outside the Mint. Typical of the chicanery of the mid-19th century, the Mint (or some employees therein) was not at all averse to striking a few pieces later on, in order to pad public or private pockets. Bowers' Silver Dollar Encyclopedia notes that the melt value of the silver dollar by 1851 had reached $1.03, and silver dollars did not circulate. It is unknown if the 1851 Originals were struck for government or depositor accounts, but it appears that they were dispersed in the next year or two after their production. Bowers offers this:

"I believe that sharp-eyed bank tellers, Treasury employees, hotel clerks, and others, perhaps equipped with a coin buying guide issued by Cook, Morey, von Bergen, or some other nineteenth century precursor of B. Max Mehl snapped up all the examples they could find. Such coin premium books were distributed in large quantities beginning with Cook's efforts in the mid-1870s and, for all I know, even earlier by others. Even so, very few were ever found."

This Select Mint State coin has bright, semiprooflike fields, with a sharp strike and light, even golden-steel toning. The date is high in the exergue, characteristic of the Originals, and numerous die breaks on the reverse signal the reuse of that die from business strikes of 1850. Clashing from the reverse appears in the field near Liberty's right (facing) arm. Census: 9 in 63, 3 finer (8/09).(Registry values: N7079) (NGC ID# 24YP, PCGS# 6939)

View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
Sign-in or Join (free & quick)
Price Guide
Sign-in or Join (free & quick)
Population Guide
Sign-in or Join (free & quick)
Find Auction Prices for Comparable Items:

Photographs:
Sign-in or Join (free & quick) to see the full image




FLOOR AUCTIONS View All
Open For Bidding
Coming Soon
HERITAGE MEMBERSHIP
910,584
bidder-members
$969,787,660
sold in the last year
VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 
CONSIGNMENTS WANTED
Only 26 days left to consign to the 2015 February 25 - March 2 PNG Dallas Invitational US Coins Signature Auction - Dallas!
Learn About Consigning With Us
Thank you so much for your yeoman effort to showcase the Julius Reiver collection to its greatest advantage.
Betsy Reiver DeMarino, V.M.D. ,
Unionville, PA
HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
HERITAGE VIDEO TUTORIAL
GETTING THE MOST OUT OF SEARCH
RECENT AUCTIONS
2014 December 4 - 7 Houston Money Show US Coins Signature Auction - Houston
2014 December 4 - 7 Houston Money Show US Coins Signature Auction - Houston
REALIZED $9,569,753
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
REALIZED $9,041,265
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
REALIZED $1,817,724