Heritage World Coin Auctions
Dallas Signature US Coin Sale 1253 4-6 Apr 2017
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Proof Seated Dollars
1863 $1 PR66 PCGS. CAC. OC-P1. As paper money became devalued during the Civil War, the Mint charged significant premiums for proof sets purchased with greenbacks. In 1864, the New York collector Samuel Wetmore purchased a proof set (including gold) for $101.25 in currency, as documented in the Chapman correspondence at the American Numismatic Society. Only 460 Seated dollar proofs were produced in 1863, down significantly from earlier totals in the decade. Osburn and Cushing report two known die pairs, this one showing an extension of the first horizontal shield line into the left border.
Scattered russet patina covers the lower portion of the obverse, while shades of sea-green evenly grace the portrait. Uniform almond-brown color blankets the reverse with pleasing tones of fire-orange and blue seen about the lower lettering as the coin is tilted. The strike shows full definition throughout. Population: 10 in 66 (1 in 66+), 0 finer. CAC: 4 in 66, 1 finer (2/17).
Ex: Pinnacle Rarities to Gene Gardner (6/2007); Eugene H. Gardner Collection, Part III (Heritage, 5/2015, as PR66 NGC), lot 98582.
HID02901242017
1863 $1 PR66 PCGS. CAC. OC-P1. As paper money became devalued during the Civil War, the Mint charged significant premiums for proof sets purchased with greenbacks. In 1864, the New York collector Samuel Wetmore purchased a proof set (including gold) for $101.25 in currency, as documented in the Chapman correspondence at the American Numismatic Society. Only 460 Seated dollar proofs were produced in 1863, down significantly from earlier totals in the decade. Osburn and Cushing report two known die pairs, this one showing an extension of the first horizontal shield line into the left border.
Scattered russet patina covers the lower portion of the obverse, while shades of sea-green evenly grace the portrait. Uniform almond-brown color blankets the reverse with pleasing tones of fire-orange and blue seen about the lower lettering as the coin is tilted. The strike shows full definition throughout. Population: 10 in 66 (1 in 66+), 0 finer. CAC: 4 in 66, 1 finer (2/17).
Ex: Pinnacle Rarities to Gene Gardner (6/2007); Eugene H. Gardner Collection, Part III (Heritage, 5/2015, as PR66 NGC), lot 98582.
HID02901242017