1853 $1 Restrike PR58 PCGS. CAC....

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1853 Seated Dollar, Rare PR58
Important Restrike Proof

1853 $1 Restrike PR58 PCGS. CAC. No original proofs are confirmed for the 1853 date, although those who desire a proof can, on rare occasions such as this, compete for a restrike (novodel) proof. We expect it will be a spirited competition. By all accounts, only a dozen of such proofs exist -- perhaps struck in 1862 or 1863, although the exact mintage year is as murky as most of the Mint restrikes of other denominations. Because the 1851 and 1852 proofs are well-known rarities that command much attention when they appear at auction, the 1853 proofs lack the same notoriety -- no doubt, because of its larger circulation-strike mintage. Even so, the inescapable fact remains that the 1853 proofs are easily rarer than either of the more-famous dates in proof format and, in fact, the 1853 restrikes are tied for third-rarest of the Seated series with the 1843 and 1849 proofs. The 1841 and 1842 dates rank respectively as numbers 1 and 2 in proof rarity.

The present example had a brief stint in circulation, and the evidence of handling is most apparent in the right obverse field where it lacks the reflective surface quality and shows a few light marks. In all other aspects, the coin is a gleaming and attractive proof by eye as well as by technical qualifications. Lilac and golden-orange toning glitters on both sides and square, wide rims frame the mirrored fields. Like all of the proofs for the 1853 issue, softness exists at the eagle's left wing shoulder. Diagonal, raised file marks emerge from the rock support above the date. It shares the "common reverse" first used for 1840 proofs and seen on restrike Seated dollar proofs through 1854.

This PR58 dollar is a prize for the Seated proof specialist and a rare opportunity for series collectors seeking to complete a run of the proof dates. Population: 1 in 58, 5 finer (6/15).(Registry values: N1)

Coin Index Numbers: (NGC ID# 2527, PCGS# 6996, Greysheet# 7283)

Weight: 26.73 grams

Metal: 90% Silver, 10% Copper

View Certification Details from PCGS