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    Description

    Gem Proof 1847 Seated Dollar
    Rare Proof Issue
    Ex: Starr-Kaufman

    1847 $1 PR65 NGC. Ex: Starr-Kaufman. The 1847 dollar is a very rare issue in proof format. This remarkable coin, from the famous Floyd T. Starr Collection, and later a highlight of the Phil Kaufman Collection, is tied for finest certified at either of the leading grading services.

    Exact mintage figures for the 1847 proof dollar are unknown, but are generally estimated to be between 20 and 30 pieces. David Akers (1998) suggests 10 to 12 examples are known, while David Bowers, in A Buyer's Guide to Silver Dollars & Trade Dollars of the United States, estimates the number of survivors to be in the seven to 14 range. Weimar White, in his Liberty Seated Dollar reference, estimates that fewer than 10 specimens are extant, and Walter Breen, in his Proof Encyclopedia, lists nine examples. NGC and PCGS, on the other hand, have graded a total of 23 coins, an unknown number of which are probably resubmissions.

    We have recorded at least 30 1847 proof dollar appearances in auctions conducted over the last several decades. From these, along with information provided in the listings of previous catalogers, the following roster of 1847 proof dollars is derived:

    Roster of 1847 Proof Seated Dollars:

    1. PR65 NGC. Sale 54 (Barney Bluestone, 9/1940), lot 623; Floyd T. Starr Collection (Stack's, 10/1992), lot 589; Baltimore Auction (Superior, 7/1993), lot 555; Long Beach Signature (Heritage, 6/1995), lot 5670; Phil Kaufman; Baltimore Signature (Heritage, 7/2008), lot 1815; the present coin.
    2. PR65. Sale 24 (Wayte Raymond, 8/1938), lot 132;Floyd T. Starr Collection (Stack's, 10/1992), lot 588; Rod Sweet Collection (Bowers and Merena, 7/2005), lot 1008.
    3. PR65 NGC. The Boys Town Collection (Bowers and Merena, 3/1998), lot 1445; Morris Silverman Collection (Heritage, 4/2002), lot 4075.
    4. PR64 NGC. Frederic Geiss Sale (B. Max Mehl, 2/1947), lot 342; John J. Pittman Collection, Part II (David Akers, 5/1998), lot 1677; Richmond Collection, part II (David Lawrence Rare Coins, 11/2004), lot 1512.; Dallas Signature (Heritage, 11/2005), lot 2235; Exclusively Internet Auction (Heritage, 2/2006), lot 13283.
    5. PR64 PCGS. Lexington Collection (Bowers and Merena, 1/1994), lot 1284; Pre-Long Beach Sale (Ira and Larry Goldberg, 6/2002), lot 2357.
    6. PR64 PCGS. 1995 ANA (Heritage, 8/1995), lot 6552; Long Beach Signature (Heritage, 10/1995), lot 6060.
    7. PR64 PCGS. FUN Signature (Heritage, 1/2000), lot 6988.
    8. PR63 ANACS. Long Beach Signature (Heritage, 2/2006), lot 1676; Santa Clara Elite (Superior, 11/2007), lot 312.
    9. PR63 NGC. Jerome Kern (B. Max Mehl, 5/1950), lot 818; Amon G. Carter, Jr. Collection (Stack's, 1/1984), lot 255; Queller Family Collection (Heritage, 4/2008), lot 2144; Central States Signature (Heritage, 4/2009), lot 2588.
    10. PR63 PCGS. Auction '90 (Superior, 8/1990), lot 1150; FUN Signature (Heritage, 1/2012), lot 3309.
    11. PR62, Questionable Toning. Mid-Winter ANA Signature (Heritage, 3/1998), lot 5262; ANA Signature (Heritage, 8/1998), lot 8194; Mid-Winter ANA Signature (Heritage, 3/1999), lot 5177; Long Beach Signature (Heritage, 10/2001), lot 9649.
    12. PR61 PCGS. New York Signature (Heritage, 12/2011), lot 3737.
    13. Proof, Improperly Cleaned, NCS. Louis E. Eliasberg, Sr. Collection (Bowers and Merena/Stack's, April 1997), lot 2214; San Francisco Signature (Heritage, 7/2005), lot 6635.
    14. Proof. Smithsonian Institution.

    Additional Appearances:

    A. Proof. Joseph J. Mickley Collection (W. Elliot Woodward, 10/1867), lot 1717, part of a five-piece silver proof set.
    B. Proof. Lorin G. Parmelee Collection (New York Coin & Stamp, 6/1890), lot 1181, also offered were the six other denominations of this date, in separate lots, that would form a complete minor and silver proof set.
    C. Proof. Richard B. Winsor Collection (S.H. & H. Chapman, 12/1895), lot 1068, part of a seven-piece silver and minor proof set.
    D. Proof. George Earle Collection (Henry Chapman, 6/1912), lot 2741.
    E. Proof. An example exhibited by H.O. Granberg at the 1914 ANS Exhibition.
    F. Proof. Anderson Dupont, Part II (Stack's, 11/1954), lot 2523.


    This spectacular Gem proof dollar is nearly untoned, save for the slightest hint of incipient gold color concentrated at the margins, and the mirrored fields of both sides appear to highlight the design elements, irrespective of the angle from which the coin is viewed. An attentive strike imparts crisp detail throughout. Not only are the star centrils complete, but the straps on Liberty's foot stand out, as does the foot-sandal separation. The borders are squared off, and the impeccably preserved surfaces reveal little in the way of pedigree markers. A wonderful coin, with great overall appeal. Census: 4 in 65, 0 finer (3/13).
    From The Greensboro Collection, Part III.(Registry values: N7079) (NGC ID# 24ZX, PCGS# 6988)


    View all of [The Greensboro Collection, Part III ]

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    Auction Dates
    April, 2013
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