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1863 $1 PR68 ★ Cameo NGC....
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Sold on Oct 13, 2011 for:
$60,375.00
Bid Source: Mail/Fax bidder
Description
1863 Seated Liberty Dollar, PR68 ★ Cameo
The Finest Cameo Proof
1863 $1 PR68 ★ Cameo NGC. Proofs of this Civil War era issue
are distinguished from business strikes by a date that is low in
the field. Writing in 1993, Bowers (Silver Dollars and Trade
Dollars of the United States: A Complete Encyclopedia), reports
two die marriages for the proof 1863 Seated Dollar. He did,
however, state that more particulars are needed regarding
diagnostics of the second variety. All examples of this issue that
we have handled in recent sales display the same diagnostics:1. Left base of the 1 in the date is centered between two denticles.
2. The middle and lower arrowheads on the reverse are joined by a defect that seems to have been caused by inadequate die polishing.
3. There are unfinished areas in the reverse field between each pair of leaves in the olive branch.
In addition, some examples of the proof 1863 Silver Dollar exhibit a slanting die line from the tip of the eagle's left (facing) wing, as does the present example.
There are only two 1863 Seated dollars graded PR68 at NGC: this PR68 ★ Cameo NGC example, and another without the Star designation, although we believe the two certification events represent this solitary coin. There is also a single PR69 specimen at NGC, but it comes without the Cameo or Ultra Cameo designation. The finest PCGS certified specimen grades PR67, and the finest PCGS Cameo proof is certified PR66 Cameo.
A wonder to behold, both sides of the currently offered Superb Gem are toned in golden-blue iridescence around swirls of lilac, pink, and apricot shades that are either centered (on the obverse) or drawn in a more even fashion over the reverse. The colors liven considerably as the coin rotates into the light, but all angles reveal full striking definition and a smooth, essentially blemish-free sheen. This is a stellar proof representative of a Silver Dollar date that is very difficult to locate in the finer Mint State grades. Expect fierce competition for this colorful Superb Gem from advanced date collectors and Seated dollar connoisseurs alike.
From our Palm Beach Auction (3/2006), lot 1660.(Registry values: N10218)
Coin Index Numbers: (NGC ID# 252H, PCGS# 87006, Greysheet# 7314)
Weight: 26.73 grams
Metal: 90% Silver, 10% Copper
Auction Info
2011 October 13-16 US Coins Signature Auction- Pittsburgh #1160 (go to Auction Home page)
Auction Dates
October, 2011
13th-16th
Thursday-Sunday
Bids + Registered Phone Bidders: 10
Lot Tracking Activity: N/A
Page Views: 1,506
Buyer's Premium per Lot:
15% of the successful bid per lot.
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