1857 S$1

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Sold on Jul 29, 1994 for:

$7,920.00 Bid Source: Live: Floor bidder

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Description

PCGS 1857 PR 63. A rare early proof Seated dollar. Approximately 50-100 proofs were struck in this year, the last year before proof coinage began in earnest in the other lesser denominations. Survivors are very elusive in all grades. There are quite a number of fully prooflike business strikes that have in the past been mistaken for proofs. The status of this coin could certainly never have been in doubt though, with its deeply reflective, mirrored fields and lightly frosted devices. Two varieties are known for proofs of this date. This piece is from the Breen-5455 dies that show the digits in the date shallowly impressed and a "beard" on Liberty, there is also evidence of slight die rust (as also seen on the ANS specimen) on the L in DOL. Of great importance to the collector of pre-1858 proofs or proof Seated dollars. Population: 4 in 63, only 1 finer (4/94). Ex: Hathaway & Bowers, 10/22/70, where the consignor, Mr. Faraday, paid $1,312.50.

Coin Index Numbers: (NGC ID# 252B, PCGS# 7000, GSID# 7295)

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

View Certification Details from PCGS