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Lot
918

1859-S $1 MS62 NGC....

2008 May Long Beach, CA Signature Auction #1108

 
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$19,100
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Auction Ended On: May 28, 2008
Item Activity: 7 Internet/mail/phone bidders
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Location:

Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Lot Viewing:
Room 103B,C (Tuesday Only)
Booth 400 (Wednesday - Saturday)

Auction Room:
Room 103B,C

Description:
Conditionally Scarce 1859-S Seated Dollar, MS62
1859-S $1 MS62 NGC. Breen-5462. Obviously repunched 18. The conditional scarcity of this coin is not really surprising, considering the tiny original mintage for the issue of a mere 20,00 pieces. It may be even scarcer than expected, however, as just 12 examples are graded at MS62 and exactly 12 coins finer, at NGC and PCGS combined, as of (4/08). The satiny, ivory colored surfaces display crisply struck design elements on each side. Pleasant light accents of coral and rose are noted in the fields and near the borders. Shallow pinscratches on the lower right obverse field and across the eagle's beak may actually be adjustment marks. An attractive coin that would represent an important acquisition for the Seated dollar specialist. (Registry values: N7079) (NGC ID# 24YZ, PCGS# 6948)

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