Description

    1859-S $1 XF45 NGC. Breen-5462. Silver dollars were minted in San Francisco for the first time in 1859, an effort to provide dollars for foreign trade (especially China) without the risk and expense of shipping from the Philadelphia Mint. Since foreign traders preferred Mexican 8 reales pieces (they contained more silver), mintage ceased at a paltry 20,000 coins. This is a bright-white example of that mintage, untoned and moderately circulated with the expected wear and abrasions for the grade. It is the Breen-5462 variety (Variety Two in the Bowers' Encyclopedia) with the 18 repunched at the base of the date and a high, medium-S mintmark. Described by Breen as Ex. Rare, although it is impossible to quantify as such based on auction appearances. Census: 21 in 45, 78 finer (1/14).(Registry values: N1793) (NGC ID# 24YZ, PCGS# 6948)

    Weight: 26.73 grams

    Metal: 90% Silver, 10% Copper


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    Auction Info

    Auction Dates
    February, 2014
    3rd-5th Monday-Wednesday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
    Page Views: 348

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