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    Description

    1840 PR64 Seated Dollar
    Struck From Previously Unrecorded Dies

    1840 $1 PR64 PCGS. In 2004, we first examined this coin and noted it was from a previously unrecorded proof die with the following diagnostics:

    --The first crossbar in the shield extends into the eagle's left (facing) wing.
    --The final element of stripe 2, and the first and third elements of stripe 3 penetrate the innermost shield border.
    --The final two elements of stripe 1 penetrate solidly to crossbar 5.
    --The first element of stripe 2 penetrates to crossbar 2.


    This coin is struck from dies that show die rust throughout the reverse field. The absence of this feature in the field of other proofs of this date suggests that this near-Gem was struck later. This is a richly toned example with olive and lavender-gray color over mottled electric-blue and orange-gold undertones. The reflective qualities are evident at a few angles, and the devices are crisply impressed. Identifiable by an obverse lintmark that connects the two denticles below the 8 in the date.
    It is probable that no more than 20 proof Seated dollars dated 1840 were produced, even though the accepted "official" mintage was only five proofs. Some of the 43 coins known to NGC and PCGS (11/11) are likely resubmissions.
    Ex: ANA Signature (Heritage, 8/2004), lot 6367.(Registry values: N7079) (NGC ID# 24ZP, PCGS# 6981)


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    Auction Dates
    January, 2012
    3rd-8th Tuesday-Sunday
    Bids + Registered Phone Bidders: 4
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