1846-O $1 MS63 PCGS. CAC....

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1846-O Silver Dollar, MS63
First Branch Seated Dollar Issue

1846-O $1 MS63 PCGS. CAC. The present coin shows bright, semiprooflike fields, as often seen on high-grade Seated dollars. The reflective surfaces display attractive layers of original autumn-gold, apple-green, and powder-blue toning. All design elements are well-defined, and the surfaces are free of mentionable marks.

Variety: The Bowers Silver Dollar Encyclopedia lists three varieties: Bold O, Normal O, and Weak O, all presumably the result of varied amounts of pressure used to enter the mintmark. This is an example of the Normal O variety.

Population Data (5/14): PCGS has certified nine MS64, two MS64+, and two MS65. NGC has graded one MS63, one MS63+, and one MS64. CAC lists three MS63 and one MS64.

Heritage Commentary: The 1846-O is the first New Orleans issue of the dollar denomination. It is much scarcer than the 1859-O and 1860-O, especially in Mint State. Despite the status of New Orleans as a leading seaport, the issue was likely struck primarily for domestic purposes. Many examples were likely melted circa-1850 when their bullion value exceeded face. Most survivors are moderately circulated; the median grade at PCGS is XF40.

Provenance: Baltimore Signature (Heritage, 3/2009), lot 2377; FUN Signature (Heritage, 1/2010), lot 2596.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 24YH, PCGS# 6933, Greysheet# 7223)

Weight: 26.73 grams

Metal: 90% Silver, 10% Copper

View Certification Details from PCGS