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6356

1852 $1 AU55 ICG. Despite a slightly lower mintage, the ...

2004 August Pittsburgh, PA Signature Sale #352

 
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Auction Ended On: Aug 19, 2004
Item Activity: 5 Internet/mail/phone bidders
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Location: Pittsburgh, PA
Description:
Rare Choice AU 1852 Seated Dollar
1852 $1 AU55 ICG. Despite a slightly lower mintage, the 1852 (1,100 pieces produced) is not as difficult to locate as the 1851, although both issues surpass all other P-mint Seated Dollars in terms of overall rarity. Like the 1851, the 1852 is most often encountered in high grade circulated or Mint State grades. The '52 may also have been produced on government account, with the Mint retaining all examples until the public resumed normal bullion deposits.
This is one of the very few Choice AU representatives that we have had the privilege to offer. Both sides retain evidence of original mint luster beneath warm champagne-gray patina, and minute striations (as struck, and a diagnostic feature of all high grade survivors) are also barely discernible under magnification. The otherwise bold impression wanes slightly in a few areas around the peripheries, and the number of small abrasions is consistent with the grade. A shallow scrape is noted in the upper right reverse field.
From The Paulsboro Collection, Part Three. (#6940) (Registry values: N4719) (NGC ID# 24YR, PCGS# 6940)

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