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1862 $1 MS63 PCGS. The 1862 would be scarce even if its ...

2002 November Santa Clara Signature Sale #304

 
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Auction Ended On: Nov 22, 2002
Item Activity: 9 Internet/mail/phone bidders
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Location: Santa Clara, CA
Description:
Outstanding Select BU 1862 Seated Dollar
1862 $1 MS63 PCGS. The 1862 would be scarce even if its mintage was greater than 11,540 pieces. Many examples were melted during the Civil War and survivors are difficult to locate in any grade. Apparently a prooflike finish is common to this issue as we have handled an XF45 recently that still showed remnants of reflectivity in the fields. This is an impressive coin that is brilliant throughout with heavy die striations in the fields. Although not noted on the insert, the devices show a significant amount of mint frost, giving both obverse and reverse a moderate cameo appearance. Pinpoint striking details characterize the features on each side with enough definition to rival a doubly struck proof. Population: 12 in 63, 15 finer (9/02). (NGC ID# 24Z5, PCGS# 6952)

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