Sold for: Sign-in or Join (free & quick)
includes Buyer's Premium (BP) 

    Description

    1846 Seated Dollar, Eye-Appealing PR66
    The Single Finest Certified
    Repunched Date

    1846 $1 PR66 NGC. Breen-5436. The design elements are fully struck on this beautifully preserved Premium Gem proof, showing squared rims and bold dentilation. Splashes of medium-intensity orange-gold, olive-green, lavender, and cobalt-blue accent the reflective fields, while the relief elements assume a soft mauve patina. The only identifiable mark, however minuscule, is seen on the left (facing) hand. This is an exceptional piece sure to draw the undivided attention of Seated Liberty proof aficionados.

    Variety: Breen-5436, Repunched Date. Two obverse dies were used for the 1846 proof dollar. One is referred to as a "blundered date," which was first entered too low and obliquely, then partially effaced and corrected. Parts of the upper digits 846 show at the bottoms of the primary date. In the April 1997, write-up of the Louis Eliasberg 1846 proof dollar, Bowers notes the repunched die was apparently retired after a few dozen impressions were made. A second obverse die shows no repunching and is sometimes referred to as the "perfect date." This coin represents the "blundered date" variant, with the undertype clearly visible at the bottom of the numerals.

    Population Data (5/14): This piece is the sole finest-certified example and the finest by two points at NGC, which has seen 14 pieces in all grades, with none receiving a Cameo designation. PCGS has certified 10 examples in all grades, the finest a single PR65, and only one PR64 piece awarded a Cameo designation. An unknown number of those are likely resubmissions.

    Heritage Commentary: A relatively large number of this issue are known compared to other proof Seated dollars struck in the 1840s, though the 1846 is still rare in all grades, which speaks to the profound scarcity of early proof dollars in general. The exact number of 1846 examples struck is uncertain, though Bowers estimates a mintage of 40 to 60 pieces (rather large for the period) and suggests the extra coins were intended to be gifts for diplomats and/or military officers, though it is equally possible that the Mint director ordered the higher production total due to the expectation of increased collector demand throughout the year.

    Survival estimates vary, with Bowers suggesting 30 to 40 pieces are extant in all grades; certified population totals, however, seem to suggest a smaller number of survivors, and the PCGS website estimates only 20 to 30 pieces are known. Whatever the case, this example stands in a class by itself, not only in terms of numeric grade, but also on grounds of aesthetic appeal.

    Provenance: Phil Kaufman; Central States Signature (Heritage, 4/2008), lot 2387.(Registry values: N10218) (NGC ID# 24ZW, PCGS# 6987)


    Fees, Shipping, and Handling Description: Coins & Currency (view shipping information)

    Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    June, 2014
    23rd Monday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
    Page Views: 567

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    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
    Only 33 days left to consign to the 2017 April 4 - 6 US Coins Signature Auction - Dallas!

    Learn about consigning with us

    Heritage was thoroughly professional, and sensitive, in the handling of this portion of my collection.
    David Ganz (Distinguished Past President of the American Numismatic Association),
    New York, NY
    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

    2017 January 4 - 9 FUN  US Coins Signature Auction - Fort Lauderdale
    2017 January 4 - 9 FUN US Coins Signature Auction - Fort Lauderdale
    REALIZED $42,378,859
    2017 January 8 - 9 NYINC World Coins Signature Auction - New York
    2017 January 8 - 9 NYINC World Coins Signature Auction - New York
    REALIZED SO FAR $15,656,887
    2017 January 5 - 9 FUN World Currency Signature Auction -
    2017 January 5 - 9 FUN World Currency Signature Auction -
    REALIZED $1,310,502