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Lot
5631

1852 $1 --Artificial Toning--NGC Details. AU....

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

 
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Auction Ended On: Jan 6, 2011
Item Activity: 11 Internet/mail/phone bidders
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Location: Tampa Convention Center
333 S. Franklin St.
Tampa, FL 33602
Description:
1852 Original Seated Dollar, AU Details
1852 $1 --Artificial Toning--NGC Details. AU. The fields on both sides of this coin show deep pinkish-gray color, but abrasions are relatively absent. The coin is identifiable as an Original struck from business strike dies by several diagnostics: "raindrop" circular ring mark on Liberty's left (facing) arm; "beard" on Liberty's chin; vertical shield stripes on the reverse that extend above and below the outline; and many horizontal die striations within the vertical shield stripes.
The mintage of Original 1852 dollars is recorded as 1,100 pieces, but the denomination circulated little due to its overvaluation in terms of gold, and what few silver dollars could be found in circulation were then mostly hoarded or melted by bullion speculators. Many more silver dollars dated 1848-59 were melted in 1861-62, according to Breen. This rare 1852 Original dollar should fill the bill nicely for some series collectors.(Registry values: N4719) (NGC ID# 24YR, PCGS# 6940)

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