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

    Description

    Scarce 1850 Open 5 Seated Dollar, Proof 62 PCGS

    1850 $1 PR62 PCGS. Open 5. Proof 1850 dollars were ostensibly struck with two distinct obverse die types; the first marriage combines a Closed 5 obverse with a new reverse die that was not used to produce any of the earlier proofs in this series. The Mint also used these dies to produce business strike 1850 Seated Dollars of the Closed 5 variety. The second marriage combines an obverse identifiable by an Open 5 in the date and repunching at the base of the 0 with the same reverse used to produce most proofs of the 1840-1850 era (two defects at the right side of the final A in AMERICA). Apparently, the Mint struck a limited number of proofs with this die combination before using the obverse to produce business strike 1850 Dollars of the Open 5 variety. During business strike production, the die cracked through the base of the date and was repolished. The die was re-mated with the same reverse die as before to produce more proofs, possibly at a later time. Breen suggests that some of the proofs of this die state may be restrikes, but evidence is not conclusive.
    It is probable that no more than 25 proof 1850 Seated Dollars of all varieties and die states are extant. This issue is more available than most of the proof dates 1840-1849, perhaps because a decent number of restrikes were produced to satisfy collector demand for the low mintage 1850 date. The present example is undoubtedly an original of the Open 5 variety. There is no crack through the base of the date.
    This specimen exhibits brightly reflective surfaces, a razor sharp strike, and hints of antique-gold and gunmetal-blue colors at the border areas. A number of small contact marks and hairlines have accumulated in the fragile mirrored fields, perhaps the most noticeable ones being concentrated on the right side of the obverse. A scarce and often elusive proof Seated dollar. (NGC ID# 2522, PCGS# 6991)


    Fees, Shipping, and Handling Description: Coin/Currency (view shipping information)

    Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    July, 2003
    26th-30th Saturday-Wednesday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 310

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $6) 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 18 days left to consign to the 2017 September 6 - 12 Long Beach Expo World Coins Signature Auction - Long Beach!

    Learn about consigning with us

    I just wanted you to know what Heritage means to me and I am very thankful for all you and your staff has done for me.
    Antonio Richardson,
    n/a
    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 June 8 - 11 Long Beach Expo US Coins Signature Auction - Long Beach
    2017 June 8 - 11 Long Beach Expo US Coins Signature Auction - Long Beach
    REALIZED $10,709,235
    2017 April 7 - 10 CCE World Coins & Ancient Coins Signature Auction - Chicago
    2017 April 7 - 10 CCE World Coins & Ancient Coins Signature Auction - Chicago
    REALIZED $6,330,124
    2017 April 28 - May 1 CSNS World Currency Signature Auction - Chicago
    2017 April 28 - May 1 CSNS World Currency Signature Auction - Chicago
    REALIZED $1,009,226