LOT #5142 |
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1841 $1 MS64+ PCGS. CAC....
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Sold on Apr 23, 2015 for:
$37,600.00
Bid Source: Internet bidder
Description
1841 Seated Dollar, MS64+
Seldom Seen in Mint State
1841 $1 MS64+ PCGS. CAC. The Seated silver dollar mintages
of 1841 and 1842 at 173,000 and 185,000 circulation strikes would
remain the series' largest until the generous productions of 1859
and 1860. The 1841 Seated dollar is nearly always found in
circulated grades and is quite rare in Mint State, for reasons that
are unclear today. Even certified coins, presumably the upper end
of all survivors, only average somewhere between Choice XF and
AU.Bowers writes in his Silver Dollar Encyclopedia of the issue, "In general, fewer circulated 1841 dollars appear on the market than do those dated 1840, although nearly three times as many 1841s were struck. The explanation for this is not known. ... In Mint State the 1841 is very rare because virtually all coins were placed into circulation (or perhaps there is another explanation; ah, sweet mystery of numismatics!). There is no record that any were saved by the Mint or Treasury."
The present example radiates splendid luster from surfaces that show only a few scattered, trivial marks. The patina ranges from dove-gray and silver-white to some areas of light smoke-charcoal color, these latter perhaps precluding a Gem grade. The strike is impeccable throughout.
This near-Gem PCGS example of the 1841 Seated dollar appears near the top of the Condition Census for this date, tied with (or a duplicate of) another MS64+ at PCGS. Population: 5 in 64 (2 in 64+), 2 finer (3/15). NGC reports six MS64 and a single MS65 finer.(Registry values: N4719)
Coin Index Numbers: (NGC ID# 24YB, PCGS# 6927, Greysheet# 7191)
Weight: 26.73 grams
Metal: 90% Silver, 10% Copper
Auction Info
2015 April 22 - 26 CSNS US Coins Signature Auction - Chicago #1219 (go to Auction Home page)
Auction Dates
April, 2015
22nd-26th
Wednesday-Sunday
Bids + Registered Phone Bidders: 10
Lot Tracking Activity: N/A
Page Views: 878
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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