Heritage World Coin Auctions
CSNS Signature US Coin Sale 1254 26-28 Apr 2017
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Seated Dollars
1850 $1 MS63 PCGS. OC-1, R.3, Repunched 0, A Top 30 Variety. Only 7,500 business-strike Seated Liberty dollars were produced at the Philadelphia Mint in 1850, making the date scarce-to-rare in all grades. The effects of the 1849 Gold Rush began to be felt in worldwide markets in 1850, as the price of silver began to rise noticeably compared to gold. Hoarding of silver coins ensued and the silver dollar was seldom encountered in circulation in this country. Many coins were shipped overseas and melted.
The present coin is a remarkable Select example, with sharply detailed design elements and deeply reflective prooflike fields. The pleasing surfaces are blanketed in attractive shades of greenish-gold and cerulean-blue toning. Only minor signs of contact are evident and eye appeal is extraordinary. Population: 10 in 63 (1 in 63+), 2 finer (3/17).
Ex: Central States Signature (Heritage, 4/2014), lot 4562.
From The Mesquite Collection.
HID02901242017
1850 $1 MS63 PCGS. OC-1, R.3, Repunched 0, A Top 30 Variety. Only 7,500 business-strike Seated Liberty dollars were produced at the Philadelphia Mint in 1850, making the date scarce-to-rare in all grades. The effects of the 1849 Gold Rush began to be felt in worldwide markets in 1850, as the price of silver began to rise noticeably compared to gold. Hoarding of silver coins ensued and the silver dollar was seldom encountered in circulation in this country. Many coins were shipped overseas and melted.
The present coin is a remarkable Select example, with sharply detailed design elements and deeply reflective prooflike fields. The pleasing surfaces are blanketed in attractive shades of greenish-gold and cerulean-blue toning. Only minor signs of contact are evident and eye appeal is extraordinary. Population: 10 in 63 (1 in 63+), 2 finer (3/17).
Ex: Central States Signature (Heritage, 4/2014), lot 4562.
From The Mesquite Collection.
HID02901242017