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Description

Low-Mintage 1859-S Seated Dollar, MS62
Seldom Seen in Mint State

1859-S $1 MS62 NGC. Only 20,000 business strikes were coined of the 1859-S Seated dollar, and the issue is scarce in all grades. However, more coins are known than the low mintage would suggest. Since the issue was produced entirely for export to the Orient, perhaps some pieces were returned. Regardless, Mint State coins are rare, as most survivors known fall in the VF-XF range. This appealing and lustrous piece boasts untoned silver surfaces with a glint of gold on each side. The fields are bright and semiprooflike on both sides. The strike is bold, but both sides show not only raised die polishing lines but incuse hairlines, the latter accounting for the grade. Census: 6 in 62, 5 finer (7/11).
Ex: Long Beach Signature (Heritage, 9/2006), lot 2454; FUN Signature (Heritage, 1/2007), lot 1053, which brought $16,100.
From The Oliver Collection.(Registry values: N7079) (NGC ID# 24YZ, PCGS# 6948)

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Auction Info

Auction Dates
August, 2011
11th-14th
Internet/Mail/Phone Bidders: 6
Members Tracking: N/A
Page Views: 367

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Heritage did an excellent job cataloging the collection, and the proceeds were beyond our greatest expectations!
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Claremont, CA
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