1850-O $1 MS64 NGC....

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Incredible 1850-O Seated Dollar, MS64

1850-O $1 MS64 NGC. Ex: Sweet Collection. The New Orleans Mint struck four dates of the Liberty Seated dollar series, all before the addition of the motto IN GOD WE TRUST in 1866. Of those four, the 1859-O and 1860-O are common, by the measure of the series, in Mint State. However, the 1846-O--and especially the 1850-O--are seldom encountered in Uncirculated grades. Only 40,000 pieces of the 1850-O were struck. In the March 1979 Gobrecht Journal (as quoted in the Bowers silver dollar reference), Bruce Lorich wrote of his review of 100 years of auction records, concluding that Mint State specimens of the 1850-O appeared less often at auction than any other Seated Liberty dollars except the 1855, 1870-S, 1871-CC, and the "non-existent 1873-S." The Bowers reference also says "... it may be years, if ever, until you can buy a nice Mint State coin. Examples are few and far between."
Examination of the combined NGC and PCGS population data is also instructive. NGC has certified 14 Mint State examples, with four MS64 pieces the finest. PCGS has graded 10 Mint State pieces, the finest a single MS64 specimen (2/09). This lovely MS64 piece is tied with four other NGC and PCGS examples at the top of the population of certified coins.
The present near-Gem offers light copper-gold and steel-blue toning near the borders. The fields and devices are nearly brilliant, with a slight golden cast. The strike is good if not exacting, with slight softness seen only on the eagle's head and a few star centers. Abundant luster emanates from both sides, and there are light signs of die rust noted in the upper left reverse field. If Seated Liberty dollars are your passion, this piece will provide a radiant, crowning masterpiece to your collection.
Ex: Rod Sweet Collection (Bowers and Merena, 7/2005), lot 1047; Heritage (2/2006), lot 1657; Heritage (7/2006), lot 2653.
From The Joseph C. Thomas Collection.(Registry values: N7079)

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

Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.85oz
Mintage: 40,000

View all of [The Joseph C. Thomas Collection, Part One ]

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