LOT #5062 |
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1859-S $1 MS63 PCGS. OC-1, R.2....
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Sold on Apr 24, 2021 for:
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Description
1859-S Dollar, MS63
Conditionally Rare
Only 20,000 Pieces Struck
1859-S $1 MS63 PCGS. OC-1, R.2. Osburn-Cushing Die State
a/c. Flynn RPD-001. The base of the 18 in the date is repunched.
Late die state examples are from the same dies but do not show
repunching. The even mintage (20,000 pieces) suggests one delivery
from a single die pair, although several obverse dies had been
shipped from Philadelphia to San Francisco. The 1859-S is the only
No Motto issue from the San Francisco Mint. The only Motto issues
from the facility are the extremely rare 1870-S, purportedly struck
for cornerstone placements, and the very low-mintage 1872-S.
Although Mint records indicate 700 1873-S dollars were struck, all
were melted in early 1873 after the "Crime of 1873" replaced the
denomination with the Trade dollar.The low Seated dollar coinages at San Francisco are puzzling today, since that was the mint closest to the Orient. Bowers states that China preferred the Mexican eight reales, which contained slightly more silver than its crown-sized U.S. counterpart. The many ships that left San Francisco ports for China predominantly carried Mexican silver. However, the 1859-S dollar was an exception, and the majority of the issue was shipped to the Orient and eventually melted. The caramel-gold toning is slightly dusky, particularly on the reverse. A slender, diagonal mint-made steel-blue streak is noted from the mintmark to the first S in STATES. The strike is bold, although Liberty's knees show incompleteness. The satiny surfaces display moderate contact on the upper reverse and left obverse fields.
Ex: Purchased from Legend Numismatics (2/2007); Eugene Gardner Collection (Heritage, 6/2014), lot 30601.(Registry values: N7079)
Coin Index Numbers: (NGC ID# 24YZ, PCGS# 6948, Greysheet# 7226)
Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.85oz
Mintage: 20,000
Auction Info
2021 April 22 - 25 Central States US Coins Signature Auction #1329 (go to Auction Home page)
Auction Dates
April, 2021
22nd-25th
Thursday-Sunday
Bids + Registered Phone Bidders: 18
Lot Tracking Activity: N/A
Page Views: 525
Buyer's Premium per Lot:
20% of the successful bid per lot.
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