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Lot
10244

1856 $1 MS64 NGC. The Mint State rarity of the 1856 Seated Dollar can be very misleading if one starts with the comparativ...

2005 July San Francisco, CA (ANA) Signature Auction #382

 
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‡Note: The owner placed a late bid on this unreserved lot and repurchased it, subject to applicable commission.
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Auction Ended On: Jul 28, 2005
Item Activity: 8 Internet/mail/phone bidders
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Location: San Francisco, CA
Description:
Conditionally Rare 1856 Seated Dollar, MS64 NGC
1856 $1 MS64 NGC. The Mint State rarity of the 1856 Seated Dollar can be very misleading if one starts with the comparatively generous mintage of 63,500 pieces. Much of the original production was eventually shipped to the Orient for commercial use there. Those that remained for domestic use were seldom held from circulation, the result being a profound lack of Uncirculated survivors. The attractive example offered here is notable for its appealing, satiny luster and lack of heavy surface marks. Deep gray-golden and rose toning is sprinkled over each side, but is somewhat lighter on the reverse. As with any better grade 1856 Dollar we have seen, the strike is a trifle mushy in the area of Liberty's head and surrounding stars. Population: 2 in 64, none are finer at either service (6/05).(#6944)(Registry values: N4719) (NGC ID# 24YV, PCGS# 6944)

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