1851 $1 Restrike PR63 Deep Cameo PCGS. CAC....

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Sold on Jan 4, 2012 for:

$34,500.00 Bid Source: Internet bidder

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Seldom-Seen 1851 Restrike Silver Dollar
PR63 Deep Cameo

1851 $1 Restrike PR63 Deep Cameo PCGS. CAC. Centered Date. A stunning example of this rare and sought-after date. Silver dollar production slowed to a dribble in 1851. As collector demand increased a few years later, then-chief coiner George Eckfeldt figured he could satisfy demand by running off a few extra coins late at night in the Mint after everyone else had gone home. Collectors were able to obtain, for a small premium, certain rare dates of various denominations, including the restruck 1851 silver dollar. PCGS estimates that only 25 pieces survive in all grades, and the present PR63 specimen is the only one certified at PCGS in any grade with the Deep Cameo designation. This piece displays a hint of milky toning on each side and is well-struck with richly frosted devices and watery mirror fields. A few stray hairlines appear, along with a small cluster of undistracting marks under the E of AMERICA. A foremost rarity that is seldom seen and always coveted by knowledgeable collectors.
Ex: Central States Signature (Heritage, 5/2005), lot 7638, which realized $31,050.

Coin Index Numbers: (PCGS# 96993, Greysheet# 7275)

Weight: 26.73 grams

Metal: 90% Silver, 10% Copper

View Certification Details from PCGS