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1854 $1 MS62 NGC....
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Description
1854 Seated Liberty Dollar, MS62
Scarce, Better Date
1854 $1 MS62 NGC. Business strike mintage of Seated Liberty
dollars amounted to 33,140 pieces in 1854, a low mintage to be
sure, but not unusually low for the era. For some unknown reason,
the date became scarce almost as soon as it was issued. Q. David
Bowers speculates many examples may have been appropriated for the
China trade, as there was great demand for silver from that remote
quarter. Writing in the American Journal of Numismatics for
March 1869, early dealer Edward Cogan listed the silver dollar
issues he considered rare. Four Seated Liberty dollars made the
list; the 1851,1852, 1854, and 1858. The other dates on Cogan's
list have become celebrated rarities over the years, but the 1854
has remained obscure. The date is scarce in all grades today, and
Mint State examples are undeniably rare.The present coin is sharply struck, with fine detail present on Liberty's hair and the eagle's feathers. The surfaces are remarkably clean for the grade, with a reverse rim dent at 12 o'clock the only flaw worthy of mention. Overall eye appeal is outstanding. Census: 3 in 62, 14 finer (3/10).(Registry values: N4719)
Coin Index Numbers: (NGC ID# 24YT, PCGS# 6942, GSID# 7204)
Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.77346oz
Mintage: 33,140
Auction Info
2010 April-May Milwaukee, WI CSNS US Coin Auction #1139 (go to Auction Home page)
Auction Dates
Apr-May, 2010
28th-2nd
Wednesday-Sunday
Bids + Registered Phone Bidders: 13
Lot Tracking Activity: N/A
Page Views: 1,165
Buyer's Premium per Lot:
15% of the successful bid per lot.
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