Description

    Low-Mintage 1859-S Seated Dollar, MS62
    Seldom Seen in Mint State

    1859-S $1 MS62 NGC. Only 20,000 business strikes were coined of the 1859-S Seated dollar, and the issue is scarce in all grades. However, more coins are known than the low mintage would suggest. Since the issue was produced entirely for export to the Orient, perhaps some pieces were returned. Regardless, Mint State coins are rare, as most survivors known fall in the VF-XF range. This appealing and lustrous piece boasts untoned silver surfaces with a glint of gold on each side. The fields are bright and semiprooflike on both sides. The strike is bold, but both sides show not only raised die polishing lines but incuse hairlines, the latter accounting for the grade. Census: 6 in 62, 5 finer (7/11).
    Ex: Long Beach Signature (Heritage, 9/2006), lot 2454; FUN Signature (Heritage, 1/2007), lot 1053, which brought $16,100.
    From The Oliver Collection.(Registry values: N7079) (NGC ID# 24YZ, PCGS# 6948)

    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 Oliver Collection ]

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    Auction Dates
    August, 2011
    11th-14th Thursday-Sunday
    Bids + Registered Phone Bidders: 6
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