1859 $1 PR67 PCGS. CAC. OC-P1, R.3....

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1859 Seated Dollar, PR67
Among the Finest Known

1859 $1 PR67 PCGS. CAC. OC-P1, R.3. Osburn-Cushing Die State a/a. Die lumps in the left (facing) wing confirm the original proof dies as described by Dick Osburn and Brian Cushing's reference, Liberty Seated Dollars / A Register of Die Varieties. A second proof die pair may exist, although it is currently unconfirmed. The reverse die was used for the 1859 proofs, as well as proof restrikes made by the Mint for 1851, 1852, 1854, and 1858 dates. By 1859, the Mint had embarked on a plan to sell proofs and proof sets to the general public as well as select dealers and privileged Mint associates. Earlier proofs (pre 1858) were reserved for the privileged few, and generally unavailable other than by special arrangements. That practice continued on occasions when proofs for certain issues were unavailable but in demand.

There were plenty of proof 1859 silver dollars to handle requests from the public, since many proof sets went unsold for the year. The leftover proofs were either melted or released into circulation. Thus, only about 350 proofs survive today in all grades. Superb Gem examples such as the present coin are extremely rare and make up the entirety of the 1859 Condition Census. 1859 Seated dollars are one of the underrated dates in the series, both in circulation strike and proof formats. High-grade, prooflike circulation strikes should never be confused with proofs, since they all have different reverse and obverse dies. Oddly, it is the proof obverse that has an anomaly, with the 1 in the date repunched, visible below the primary digit.

This is an exceptionally attractive Superb Gem proof, colorfully toned, with the expected needle-sharp strike. Vibrant, ocean-blue obverse toning undergoes a smooth transition to violet and wheat-gold colors, with frosted ivory centers. The reverse adds subtle lilac hues to the palette. There are no stray marks or distractions on this exceptionally high-grade proof. CAC endorsement does not come easy at this grade level, but sets the present coin apart from its few peers. We expect vigorous competition when this delightful 1859 proof is called. Population: 3 in 67 (1 in 67+), 0 finer. CAC: 2 in 67, 0 finer (9/22).
From the #1 Registry Set - Perfection Collection of Proof Seated Dollars.(Registry values: N10218)

Coin Index Numbers: (NGC ID# 252D, PCGS# 7002, Greysheet# 7301)

Weight: 26.73 grams

Metal: 90% Silver, 10% Copper

View all of [The Perfection Collection of Proof Seated Liberty Dollars ]

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