1870 $1 PR65 Deep Cameo PCGS....

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Sold on Jul 31, 2008 for:

$23,000.00 Bid Source: Live: Phone bidder

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Opulent Deep Cameo Gem Proof 1870 Seated Dollar

1870 $1 PR65 Deep Cameo PCGS. After nearly a decade of three-figure mintages, Philadelphia officially struck 1,000 proof Seated dollars in 1870. That figure does not tell the whole story, however; as Q. David Bowers writes in his Silver Dollars and Trade Dollars of the United States, "The scarcity of survivors suggests that quantities may have remained unsold at the end of the year and were melted, many after July 10, 1873. However, as Proofs were produced in small numbers at multiple intervals throughout the 1870 year, this would seem to indicate a continuing demand."
Certainly, "continuing demand" would apply to numismatists' thirst for top-grade Seated dollar proofs, and this astonishing Deep Cameo survivor is as well-preserved as it is gorgeous. Subtle golden overtones visit the immensely frosted devices and powerful mirrors, and a touch of cloud-gray patina on the reverse scarcely dims the contrast on that side. Population: 2 in 65 Deep Cameo, 1 finer (6/08).
From The Aspen Collection.

Coin Index Numbers: (NGC ID# 252S, PCGS# 97018, GSID# 7339)

Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.77346oz
Mintage: 1,000

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