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Lot
3734

1854 $1 MS62 NGC. Although this date shows a mintage figure of 33,140 pieces, that is higher ...

2006 August Denver, CO Signature & Platinum Night Auction #414

 
Sold for: Not Sold
Auction Ended On: Aug 14, 2006
Item Activity: 4 Internet/mail/phone bidders
140 page views
Location: Denver, CO
Description:
Rare Uncirculated 1854 Silver Dollar
1854 $1 MS62 NGC. Although this date shows a mintage figure of 33,140 pieces, that is higher than many of its contemporaries, the 1854 has long been recognized as a rarity. One explanation for the scarcity of this date is that most of them were used in quantity for trade with China. Walter Breen noted that 10,000 silver dollars bearing this date were shipped to San Francisco in November, 1854. Whether these remained in California, or were shipped to Asia, we do not know, but it is likely many went overseas. This specimen displays frosty silver-gray surfaces with whispers of light golden-tan color around the peripheries, and the design features reveal excellent delineation. A couple of milling marks are noted in the right obverse field. The luster is somewhat subdued, the primary grade-limiting factor. Census: 3 in 62, 14 finer (7/06).(Registry values: N4719) (NGC ID# 24YT, PCGS# 6942)

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