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Lot
919

1859-S $1 MS63 PCGS....

2008 May Long Beach, CA Signature Auction #1108

 
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$32,000
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Auction Ended On: May 28, 2008
Item Activity: 4 Internet/mail/phone bidders
454 page views
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:
Tied for Finest PCGS 1859-S Dollar, MS63
1859-S $1 MS63 PCGS. Medium gold toning covers the obverse and lighter champagne toning crosses the reverse of this fully lustrous piece. The underlying surfaces exhibit a trace of reflectivity in the fields with satiny luster on the devices, resulting in a mild cameo appearance.
Just 20,000 silver dollars were coined in San Francisco during the year, the first of the Seated silver dollar denomination to be coined at that facility. During the few previous years of production, the young mint was concentrating on gold coins, and also producing limited quantities of fractional silver to answer the need for change in the gold region. The next meaningful production of silver dollars in San Francisco would have to weight until 1872, when another 9,000 pieces were coined. Of course, a small number of 1870-S dollars were minted with about a dozen known, and a few hundred 1873-S Seated dollars were also coined, but remain unknown today. Population: 7 in 63, 0 finer (4/08).(Registry values: N7079) (NGC ID# 24YZ, PCGS# 6948)

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