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1859-S $1 MS63 NGC....

2008 April Rosemont, IL (CSNS) Signature Coin Auction #1104

 
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Auction Ended On: Apr 17, 2008
Item Activity: 10 Internet/mail/phone bidders
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Location: Rosemont, IL
Description:
Pleasing Select Uncirculated 1859-S Dollar
1859-S $1 MS63 NGC. In terms of availability in Mint State grades, the 1859-S silver dollar is a standout issue with only 35 coins graded as MS60 or better by NGC and PCGS combined. 1859-S dollars grading Select Uncirculated, such as the current example, are truly rare. Including possible resubmissions of the same coin, a scant 11 examples have received the MS63 designation at both services collectively, with only one grading finer. The rarity of the 1859-S in high grade is due to the fact that the entire mintage of S-mint silver dollars that year were exported to the Orient. Most examples that made the return voyage home show signs of handling and wear. This piece is sharply struck and there are no obvious abrasions that interrupt the flow of the silky mint frost that covers each side. Variegated gray-lilac and golden-rose color is seen on each side of this important, high grade Seated dollar. Census: 4 in 63, 1 finer (3/08).
From The Queller Family Collection of Silver Dollars.(Registry values: N7079) (NGC ID# 24YZ, PCGS# 6948)

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