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Lot
923

1856 $1 MS62 PCGS. Mint State Seated Liberty dollars from the 1850s, through 1857, are all el...

2007 ANA Charlotte National Money Show Auction, Presented by Robert Korver #432

 
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Auction Ended On: Mar 15, 2007
Item Activity: 7 Internet/mail/phone bidders
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Location: Charlotte, NC
Description:
Elusive 1856 MS62 Dollar
1856 $1 MS62 PCGS. Mint State Seated Liberty dollars from the 1850s, through 1857, are all elusive regardless of the date or grade. This issue is no exception, and in Mint State grades it is an important rarity. Mint records indicate that 63,500 examples were produced, although most entered circulation or were exported. Very few survive in the higher grades. In fact, PCGS and NGC have combined to certify just 36 examples in MS60 or finer grades, a total that includes resubmissions. This is an extremely important opportunity for the advanced collector to obtain this issue. The surfaces have satiny luster beneath pale gold toning. Only a few small blemishes are visible. The design elements are somewhat weakly developed, which may be the reason that the grade of this example is not higher. In particular, the upper obverse and lower reverse are quite softly defined. Of course, it is not possible to be too choosy when looking for an example of this date.(Registry values: N2998) (NGC ID# 24YV, PCGS# 6944)

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