1854 $1 MS64 PCGS. OC-1, High R.3....

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Description

1854 Seated Liberty Dollar, MS64
Rare in Choice Mint State
Resplendent Toning

1854 $1 MS64 PCGS. OC-1, High R.3. Osburn-Cushing Die State b/b. Considered by many to be the rarest Philadelphia Seated dollar after the low-mintage issues of 1851 and 1852, the 1854 was struck at a time when silver dollars functioned as bullion coins, used primarily for foreign trade. Few pieces circulated domestically, and nearly no examples returned from the Orient in any large quantities. Most of the coins were melted when abroad. Reportedly, less than a third of the 33,140 pieces struck were sent to California where a few coins circulated, although most of the California shipment went to China as well.

This Choice Uncirculated example displays a colorful palette of rich, variegated toning. Shades of ruby-red, blue, forest-green, pink, and umber blanket both sides. Mint luster shines as a vibrant interlude beneath the deep, comprehensive patina. A glass reveals a thin abrasion in the field near stars 5 to 7. Otherwise, only a few small, random marks exist on the sharply struck and appealing surfaces. Housed in an old green label holder. PCGS reports just three numerically finer examples plus one MS64+ coin. Population: 7 in 64 (1 in 64+), 3 finer (1/20).(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

View Certification Details from PCGS