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Lot
7372

1856 S$1 MS63 NGC....

2005 February Long Beach Signature Sale #366

 
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Auction Ended On: Feb 24, 2005
Item Activity: 5 Internet/mail/phone bidders
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Location: Long Beach, CA
Description:
Desirable 1856 Seated Dollar MS63
1856 $1 MS63 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 Far East 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. Russet and rose toning is sprinkled about the peripheries of both obverse and 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: 3 in 63, 2 finer (1/05).(#6944) (Registry values: N4719) (NGC ID# 24YV, PCGS# 6944)

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