1852 $1 Restrike PR64 PCGS. CAC....

Click the image to load the highest resolution version.

Sold on Apr 25, 2013 for:

$41,125.00 Bid Source: Internet bidder

Get one of these:

Share this lot

Track Item Printable Auction Results

Sell One of These

Description

Auction Info

Guides & Info

Description

Choice Proof 1852 Seated Liberty Dollar
Famous Restrike Issue
Ex: Jack Lee

1852 $1 Restrike PR64 PCGS. CAC. Much like the restrike 1851 Seated dollar, the restrike 1852 was produced solely for the benefit of collectors. Most, if not all of the coins were produced circa 1858-1860 from the same obverse die that the Mint used to strike the originals. There is a considerable amount of confusion regarding the status of originals and restrikes, and Bowers' 1993 Silver Dollar Encyclopedia is riddled with inconsistencies and speculation. For example, the author lists three reverse dies for originals and a further three reverse dies for restrikes -- a rather high total for a proof issue with so few coins extant. He does admit, however, that the likelihood of there being six different reverse dies for proofs of this date is virtually nonexistent.

A pertinent document was found in the National Archives written by Mint Director Henry Linderman on May 18, 1867. In that letter, Linderman claims to have opened a box of dies that his predecessor, Colonel James Ross Snowden, sealed on July 30, 1860. Among many others, the box reportedly contained the obverse die for the proof 1852 Seated dollar. Therefore, we can establish an upper limit for the time of the striking as July of 1860, since the obverse die would not be available after that time.

This is a pleasing near-Gem with an even endowment of medium dove-gray patina over faint lilac and gold undertones. The finish is essentially reflective, although some modest frost is seen over the central features, particularly on the reverse. There are few noticeable blemishes, but a small dark spot in the obverse field before Liberty's shin is noted for accuracy. A tiny planchet void (as struck) before the bridge of Liberty's nose is also useful for pedigree purposes. Housed in a green label holder. Population: 1 in 64, 3 finer (3/13).
Ex: Central States Signature (Heritage, 4/2002), lot 4080; Jack Lee Collection, Part III/Dallas Signature (Heritage, 11/2005), lot 2240; FUN Signature (Heritage, 1/2012), lot 3313, realized $47,438.
From The Greensboro Collection, Part III.(Registry values: N10218)

Coin Index Numbers: (NGC ID# DN5B, PCGS# 6995, Greysheet# 7277)

Weight: 26.73 grams

Metal: 90% Silver, 10% Copper

View all of [The Greensboro Collection, Part III ]

View Certification Details from PCGS