LOT #98565 |
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1854 $1 MS64 PCGS....
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Sold on May 12, 2015 for:
$21,737.50
Bid Source: HA.com/Live bidder
Description
1854 Seated Liberty Dollar, MS64
Rare Issue in Mint State
Ex: Richmond Collection
1854 $1 MS64 PCGS. Ex: Sweet Collection. This impressive and
rare Choice 1854 Seated dollar exhibits sharply detailed design
elements and well-preserved lustrous surfaces with a few minor
signs of contact. Attractive shades of greenish-gold,
lavender-gray, and amber toning enhance the outstanding eye
appeal.Variety: Business strikes were produced from a single pair of dies, Breen-5450. The obverse shows the base of the 4 lightly repunched and most of the vertical lines in the shield extend into the horizontal lines above on the reverse.
Population Data (4/15): PCGS reports seven grading events in MS64 and three finer, two in MS65 and one in MS66. NGC shows two MS64 and six finer, all MS65. These totals no doubt include some resubmissions and crossovers. Bruce Amspacher asked one collector about his MS65 PCGS coin:
"He said he had sent it in six times. I mentioned that he could send in the old printed inserts and the duplications would be erased from the report. 'I threw 'em away,' he said."
Heritage Commentary: The 1854 Seated Liberty dollar claims a low mintage of 31,140 pieces, and the date is quite elusive in all Mint State grades. This coin probably ranks in the middle of the Condition Census, with its high technical quality complemented by impressive eye appeal. This is the first time Heritage Auctions has offered an 1854 Seated Liberty dollar in Choice condition, and we can find no auction record for any example in higher grades.
Provenance: Richmond Collection (David Lawrence, 11/2004), lot 1477; Rod Sweet & North Shore Coins Collection, Part IV (Bowers and Merena, 7/2005), lot 1051; purchased from Legend Numismatics (2/2007).(Registry values: N4719)
Coin Index Numbers: (NGC ID# 24YT, PCGS# 6942, Greysheet# 7204)
Weight: 26.73 grams
Metal: 90% Silver, 10% Copper
Auction Info
2015 May 12 The Eugene H. Gardner Collection III US Coins Signature Auction - New York #1228 (go to Auction Home page)
Auction Dates
May, 2015
12th
Tuesday
Bids + Registered Phone Bidders: 12
Lot Tracking Activity: N/A
Page Views: 1,218
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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