LOT #5028 |
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1869 $1 MS61 Prooflike NGC. OC-2, R.2....
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Sold on Aug 16, 2024 for:
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Description
1869 Seated Dollar, MS61 Prooflike
Frosty Motifs, Underrated Issue
1869 $1 MS61 Prooflike NGC. OC-2, R.2. Osburn-Cushing Die
State b/b. Osburn and Cushing write that although this issue claims
a relatively high mintage of 423,700 coins, "the date is much
scarcer than its high mintage would indicate. In most price guides
it prices barely above the 1871 and 1872, the two highest mintage
dates in the series. It should be considered as under-rated in all
grades." This variety shows repunching on the 1 and doubling on the
motto. Each side is well-defined and brilliant with thick frost
over the devices. The obverse die was also used to strike proofs,
although a light die crack between T and E in UNITED suggests that
this is a prooflike business strike. Lightly marked fields show
profound reflectivity, and the eye appeal is especially impressive
for the grade. The present lot is the sole example certified as
Prooflike by NGC (6/24).(Registry values: N1793)From The Edward Formica Collection.
Coin Index Numbers: (NGC ID# 24ZC, PCGS# 6962, GSID# 7218)
Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.77346oz
Mintage: 423,700
View all of [The Edward Formica Collection ]
Auction Info
2024 August 12 - 18 ANA US Coins Signature® Auction #1376 (go to Auction Home page)
Auction Dates
August, 2024
12th-18th
Monday-Sunday
Bids + Registered Phone Bidders: 16
Lot Tracking Activity: N/A
Page Views: 334
Buyer's Premium per Lot:
20% of the successful bid per lot.
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