1850-O $1 MS62 PCGS....

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Desirable MS62 1850-O Seated Dollar

1850-O $1 MS62 PCGS. Throughout the entire history of the Seated Liberty silver dollar series, just four issues were coined at New Orleans. The others were dated 1846, 1859, and 1860. The two earlier issues are scarce or rare in Mint State grades, while the later two are both relatively available, due to quantities found in the Treasury vaults a century after they were minted. Mint records indicate that two fresh obverse dies were sent to New Orleans for the 1850 Seated dollar coinage, but no new reverse dies were sent. The 40,000 examples coined were made with leftover reverse dies saved since 1846. Considerable die rust in the reverse fields lends credence to this commentary. This example has pale grayish-silver color with sharp design elements and reflective surfaces. A few light abrasions are consistent with the grade. Population: 5 in 62, 4 finer (3/09).
From The Joseph C. Thomas Collection.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 24YN, PCGS# 6938, GSID# 7224)

Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.77346oz
Mintage: 40,000

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