1871 $1 PR67 NGC....

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Beautiful, Multicolored 1871 Seated Dollar, PR67

1871 $1 PR67 NGC. Liberty Seated dollars of 1871 had the second highest mintage of the With Motto type, both of business strikes (1,073,800 coins, exceeded only in 1872), and of proof strikes (960 coins, exceeded only in 1870). It would be reasonable then to think that a proof of this date should not be difficult to locate. And that is true in a relative sense, for over 400 coins have been certified by both NGC and PCGS (including Cameo and Deep/Ultra Cameo designations). However, most of those grade no higher than PR64, with fewer than 60 pieces at the Gem and Premium Gem levels. Above that, at Superb Gem, only six grading events are listed. None has been graded higher.
The Seated dollar marked a return to the production of silver dollars, which for all practical purposes had not circulated since the release of 1803-dated coins in 1804. Engraver Christian Gobrecht adapted sketches of Liberty by artist Thomas Sully and of "Old Pete," the Mint's eagle mascot, by artist Titian Peale to produce a coin that we know today as the Gobrecht dollar. In 1840 Gobrecht's magnificent eagle reverse was replaced by an older "sandwich-board" John Reich eagle design, but the Liberty on the obverse remained essentially the same. A banner with IN GOD WE TRUST was added to the reverse in 1866. Redundant with the gold dollar for domestic commerce and part of the long running gold vs. silver conflict, the Seated dollar nevertheless saw extensive use in international commerce as bullion, face value irrelevant, until the series ended in 1873.
This Superb proof specimen displays a coating of low to medium intensity cobalt-blue, lavender, orange-gold, and yellow-gold patination. Fully impressed design elements further enhance the coin's outstanding eye appeal, as does the cameo-like contrast between the lightly frosted motifs and deeply reflective fields. Close scrutiny with a loupe reveals no significant marks. A "to see it is to want it" coin, this is simply a beautiful proof Seated dollar. Census: 2 in 67, 0 finer (6/08).
From the Duffy Collection.(Registry values: N7079)

Coin Index Numbers: (NGC ID# 252T, PCGS# 7019, Greysheet# 7340)

Weight: 26.73 grams

Metal: 90% Silver, 10% Copper

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