LOT #4034 |
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1854 $1 PR64 PCGS. OC-P3, R.7....
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Sold on Aug 2, 2017 for:
$22,325.00
Bid Source: HA.com/Live bidder
Description
1854 Seated Dollar, PR64
A Rarely Encountered Pre-1858 Dated Proof
1854 $1 PR64 PCGS. OC-P3, R.7. Osburn-Cushing Die State a/a.
Vivid aquamarine and olive-gold shades embrace this fully struck
and beautifully preserved Choice proof Seated dollar. The reverse
displays a dramatic display of cobalt-blue with underlying violet
accents. A small granular area beneath the first T in STATES
provides an identifier, but it matters little given the overall
glassy quality of the mirrors and the sumptuous coloration.Recent research by Dick Osburn and Brian Cushing identify the OC-P3 die marriage as a proof restrike from the 1859 to 1860 timeframe, or possibly slightly later. It is struck from the usual proof obverse die with what Bowers (1993) calls "a triangular raised defect or 'island' above and to the right of the numeral 5 in the date." Duncan Lee (2006) suggests the defect is the top of a misplaced 4. It may also represent an upper left fragment of the crosslet of a misplaced 4. The current Osburn-Cushing website (2017) simply calls it a blundered date, one of their Top-30 Variety listings for Seated dollars. The reverse die has a light horizontal die line beneath the E in ONE. As is the case with all pre-1858 proofs of the series, the 1854 is very rare and highly desirable.(Registry values: N7079)
Coin Index Numbers: (NGC ID# 2528, PCGS# 6997, Greysheet# 7286)
Weight: 26.73 grams
Metal: 90% Silver, 10% Copper
Auction Info
2017 August 2 - 6 ANA US Coins Signature Auction - Denver #1258 (go to Auction Home page)
Auction Dates
August, 2017
2nd-6th
Wednesday-Sunday
Bids + Registered Phone Bidders: 12
Lot Tracking Activity: N/A
Page Views: 860
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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