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    Description

    1857 Seated Dollar, MS62+ Prooflike
    Deeply Reflective Surfaces

    1857 $1 MS62+ Prooflike NGC. The 1857 Seated dollar was primarily minted for export to China, where it was used to pay for tea and silk. Coins were shipped to San Francisco by sea and then on to the Orient, while others departed from Boston and New York. Most of the 94,000-piece mintage went to China, where presumably many of the dollars were melted because the price of silver made them attractive for bullion. As a result, few circulated 1857 dollars exist.

    In Uncirculated condition, the date is scarce but available. This example is a Choice representative, having received the important Plus designation from NGC. The surfaces are prooflike and deeply reflective, with auburn-gold toning and orange accents at the margins. Characteristic striking weakness is seen at the obverse peripheries on Liberty's head, foot, and on the stars. The reverse eagle, however, is uncharacteristically bold and fully struck. A single tiny mark in the field by the eagle's left (facing) wing is the only mentionable mark. This is a highly attractive dollar with excellent eye appeal. Census: 12 in 62 (1 in 62+), 30 finer (2/14).
    From the Collection of Donald E. Bently, sold for the benefit of the Bently Foundation.(Registry values: N2998) (NGC ID# 24YW, PCGS# 6945)


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    Auction Dates
    March, 2014
    20th Thursday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
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