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    Description

    1852 Seated Dollar, MS63
    Impeccable Business Strike Rarity
    The Bowers Encyclopedia Plate Coin

    1852 $1 MS63 PCGS. CAC. The dollar denomination was not without demand by the Treasury in 1852, as is evidenced by the more than 2 million gold dollars produced that year at the Philadelphia Mint alone, but the high price of silver at the time played a significant role in the limited production of silver dollars. Only 1,100 pieces were struck, possibly for depositors, and it is believed that the vast majority were either lost or were melted for their bullion. Survivors are rare in all grades, with most owing their continued existence to contemporary collectors who began saving the few remaining examples from circulation as early as 1858, per Bowers. In fact, the scarcity of this issue and its popularity with collectors of the period prompted the Mint to produce a number of proof restrikes circa the early 1860s; proof examples were bringing $20 to $40 apiece by the early 1870s.

    The rarity of the business strike 1852 is about on par with the its 1851 counterpart, which had a comparatively low mintage of only 1,300 coins, though the 1852 is slightly more challenging in the finer Mint State grades (MS63 and finer). PCGS and NGC combined report a population of only 55 coins in all grades, a figure that likely includes resubmissions. Most of these are lightly circulated or heavily abraded, as PCGS has seen only two MS63 coins and just four numerically finer (11/14).

    The present piece is a beautifully preserved, original example, with noticeable semiprooflike mirroring in the fields. The top of Liberty's head and several adjacent stars are slightly soft, though the design elements are otherwise sharply brought up, with softly frosted luster. A few small, scattered ticks limit the technical grade, but hardly affect the eye appeal. A few splashes of pale violet and aquamarine hues visit areas of light amber-gold toning around the peripheries, while the central regions display more even champagne color. An important, high-end example of this No Motto Philadelphia rarity.
    Ex: Rod Sweet Collection (Bowers and Merena, 7/2005), lot 1049.
    From The Sweet Bloomfield Collection.(Registry values: N7079)

    Coin Index Numbers: (NGC ID# 24YR, PCGS# 6940)

    Weight: 26.73 grams

    Metal: 90% Silver, 10% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View all of [The Sweet Bloomfield Collection ]

    Auction Info

    Auction Dates
    January, 2015
    7th-12th Wednesday-Monday
    Bids + Registered Phone Bidders: 20
    Lot Tracking Activity: N/A
    Page Views: 1,470

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