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Lot
1036

1854 $1 MS62 PCGS....

2010 April-May Milwaukee, WI CSNS US Coin Auction #1139

 
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Auction Ended On: Apr 28, 2010
Item Activity: 8 Internet/mail/phone bidders
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Location:

The Midwest Airlines Center
400 West Wisconsin Avenue
Milwaukee, WI 53203

Description:
Exquisite MS62 1854 Seated Dollar
1854 $1 MS62 PCGS. Golden-brown freckles overlie this lightly toned and lustrous better date No Motto Seated dollar. The strike is surprisingly sharp, and both sides are minimally abraded. An impressive addition to a high grade holding of this imposing series. A mere 33,140 pieces were struck, but that only begins to explain the rarity of this date. In his silver dollar Encyclopedia, Q. David Bowers wrote that the 1854 "may be the rarest Philadelphia Mint Liberty Seated dollar after 1851-1852. ... Why are they rare? The most logical explanation is that most were exported and melted." Population: 4 in 62, 14 finer (3/10).(Registry values: N4719) (NGC ID# 24YT, PCGS# 6942)

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