LOT #3078 |
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1860 $1 PR67 Cameo PCGS. CAC. OC-P1, R.2....
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Sold on Oct 6, 2022 for:
$90,000.00
Bid Source: HA.com/Live bidder
Description
1860 Seated Dollar, PR67 Cameo
CAC-Endorsed, Exquisitely Toned Proof
1860 $1 PR67 Cameo PCGS. CAC. OC-P1, R.2. Osburn-Cushing Die
State a/a. If proof mintages are any guide (which they seldom are)
then the 1860 proof Seated dollars should be readily available in
all grades, with no worries about varieties (just one die pair was
used) and high-grade proofs should exist in abundance (they do
not). Instead, the "huge" 1,330-piece mintage fell far short of its
goal. A total of 527 pieces were sold, and the leftover proof coins
were melted. Adding to the confusion was the fact that the proof
dies used to produce circulation strikes, resulting in many
prooflike and semiprooflike coins. As Dick Osburn and Brian Cushing
observed:"The only issue is separating the proofs from the business strikes which used the same die pair. That's a judgement call."
Fortunately, at the PR67 Cameo level things are less confusing. The present example is an obvious proof, with resplendent mirrored surfaces, original proof set toning, and an uncompromisingly sharp strike. The dies are in their earliest state, with richly frosted motifs that contrast boldly against highly reflective fields. A crescent-shaped band of blue and reddish-tan toning wraps around the seated figure of Liberty, with the remaining obverse only lightly toned. The reverse is similarly toned but with greater intensity and and a larger footprint, adding shades of violet around a well-frosted eagle. There are no mentionable abrasions, marks, or significant hairlines seen on the Superb Gem fields or devices.
Only two 1860 proofs survive at the PR67 Cameo PCGS grade level and only one of those has received CAC endorsement.-- this very coin. It is sure to find a home in the most advanced Seated dollar proof set or be a shining example of the high-end proof No Motto type in a broader proof collection. The high bidder will prevail. Population: 2 in 67 Cameo, 0 finer. CAC: 1 in 67, 0 finer (9/22).
From the #1 Registry Set - Perfection Collection of Proof Seated Dollars.(Registry values: N10218)
Coin Index Numbers: (NGC ID# 252E, PCGS# 87003, Greysheet# 7305)
Weight: 26.73 grams
Metal: 90% Silver, 10% Copper
View all of [The Perfection Collection of Proof Seated Liberty Dollars ]
Auction Info
2022 October 6 - 9 Long Beach Expo US Coins Signature® Auction #1349 (go to Auction Home page)
Auction Dates
October, 2022
6th-9th
Thursday-Sunday
Bids + Registered Phone Bidders: 27
Lot Tracking Activity: N/A
Page Views: 754
Buyer's Premium per Lot:
20% of the successful bid per lot.
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