1854 S$1

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Sold on Jul 29, 1994 for:

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Description

PCGS 1854 PR 65. A rare Seated dollar and seldom seen in circulated grades, much less in mint state. Apparently, the vast majority of this issue was sent to the Orient to be used as "Trade dollars," and never returned to this country. For these reasons the proofs are important to modern collectors as they can serve as a substitute for the rare business strikings. In Breen's 1977 opus on U.S. proofs, he estimated that perhaps a couple of dozen proof 1854s still exist. That estimate may be on the high side, as only 7 proofs have been certified in all grades by PCGS (6/94), and this is the only gem.
The surfaces of this piece are deeply reflective and the obverse has taken on a deep gray patina overall with considerable underlying rose and golden coloration in the fields. The reverse serves quite a contrast with that side basically appearing brilliant. There is, however, a slight milky lilac patina. The devices are heavily frosted and contrast rather sharply against the depth of mirrored reflectivity in the fields. A special Seated dollar and a coin sure to generate much interest among bidders.

Coin Index Numbers: (NGC ID# 2528, PCGS# 6997, GSID# 7286)

Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.85oz

View Certification Details from PCGS