Skip to main content
Go to accessibility notice

    Description

    Extremely Rare Proof 1841 Seated Dollar

    1841 $1 PR63 NGC. There are some U.S. coins that are so rare that their absence is not noted from the marketplace except by a few dedicated specialists. The 1841 proof Seated dollar is such a coin. We have never offered one for public auction, at least not in the past 12 years. In fact, there have only been nine appearances at public auction since 1987, and undoubtedly several of those are repeat offerings. The Bowers-Borckardt reference states that 10-15 proofs were minted, and in our opinion this estimate may be on the high side judging from the paucity of auction appearances. The BB reference only lists one piece held by an institution, predictably the Smithsonian.
    Struck from the stock reverse die used on most proof dollars from the 1840s, the first and most easily seen diagnostic being the presence of two minute defects on the right side of the final A in AMERICA. Breen said he had examined a proof of this date that he called the "Small Stars" obverse, from a die that had been drastically repolished which resulted in noticeably smaller stars--a situation analogous to the 1838 "Small Stars" half dimes. The presence of such a coin raises the possibility of a very limited number of restrikes that were struck from rusted and heavily lapped dies. This is merely speculation on our part, of course, as we have not seen nor examined such a coin and neither had the authors of the BB dollar reference. This is a deeply mirrored proof striking and a coin that shows far superior striking characteristics than the 1840 listed above.
    The surfaces are lightly hairlined and there is just the slightest overlay of speckled golden-rose and lilac toning on each side. The population data from the two major services indicate that three other PR63 coins have been certified by NGC, none by PCGS, with one finer (a PCGS PR64). But the subject of condition seems to us to fall under the heading of "Who Cares?" since so few pieces are known of the 1841. As long as the collector has the opportunity to bid on a verifiable proof striking, condition is truly a secondary consideration.
    From The Dr. John L. Pellegrini Collection of Liberty Seated Dollars.(#6982)(Registry values: N7079) (NGC ID# 24ZR, PCGS# 6982)

    Weight: 26.73 grams

    Metal: 90% Silver, 10% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View all of [The Dr. John L. Pellegrini Collection of Liberty Seated Dollars ]

    Auction Info

    Auction Dates
    July, 2005
    27th-29th Wednesday-Friday
    Bids + Registered Phone Bidders: 10
    Lot Tracking Activity: N/A
    Page Views: 1,205

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $9) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Consign to the 2020 April 22 - 27 Central States World Coins Signature Auction - Chicago.

    Learn about consigning with us

    Thank you for your support and counsel during the process and I continue to be impressed by the skill and expertise of the Heritage Auction staff, as well as the clever web site.
    Bruce S.,
    Maplewood, NJ
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2019 October 17-24 US Coins Signature Auction - Dallas
    2019 October 17-24 US Coins Signature Auction - Dallas
    REALIZED $7,416,530
    2019 September 5 - 9 Long Beach Expo World & Ancient Coins Signature Auction - Long Beach
    2019 September 5 - 9 Long Beach Expo World & Ancient Coins Signature Auction - Long Beach
    REALIZED $5,897,154
    2019 September 5 - 9 Long Beach Expo World Paper Money Signature Auction - Long Beach
    2019 September 5 - 9 Long Beach Expo World Paper Money Signature Auction - Long Beach
    REALIZED $1,866,390