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Lot
862

1862 $1 MS64 NGC....

2010 June Long Beach, CA Signature US Coin Auction #1140

 
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Auction Ended On: Jun 3, 2010
Item Activity: 9 Internet/mail/phone bidders
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Location:

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

Description:
Flashy, Low-Mintage 1862 Silver Dollar, MS64
1862 $1 MS64 NGC. The Mint's effort at keeping gold and silver coins circulating during the Civil War was a fruitless effort. By midyear banks and even the U.S. Treasury had stopped paying out gold and silver coins at face value. The mintage of 1862 silver dollars was a token 11,500 coins. This attractive silver-gold near-Gem example has a strike that is close to full, with only minimal high-point abrasions, chiefly on the obverse, that account for the grade. As one would expect from a coin with such a low mintage, the fields are brightly reflective, even through the toning present on each side. Census: 24 in 64, 2 finer (4/10).(Registry values: N4719) (NGC ID# 24Z5, PCGS# 6952)

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