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CSNS Signature US Coin Sale 1254  26-28 Apr 2017
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Lot 4105

Estimate: 1 USD
Price realized: 8000 USD
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Seated Dollars
1853 $1 MS64 PCGS. OC-1, R.2, "Chin Whiskers," A Top 30 Variety. There is a die gouge below Liberty's chin. The 1853 Seated dollar had a moderate mintage of 46,110 pieces, and while most silver dollars from this period were exported, it is believed that a portion of the 1853 mintage remained in the States, partially accounting for its moderate obtainability today. Aside from the 1859-O, this date is the most plentiful 1850s Seated dollar, though pieces finer than this MS64 example are nonetheless exceedingly rare.
This well-preserved piece displays generally sharp design definition throughout, save for the the right-hand obverse stars and the upper edge of the eagle's left (facing) wing. The luster is unusually frosty for the type, displaying a light golden hue that adds warmth to each side. This coloration is characteristic of most Mint State examples of this issue. Bowers suggests these coins likely all came from a common source, such as a hoard, though no such discovery is recorded. Population: 17 in 64 (1 in 64+), 4 finer (3/17).
Ex: Purchased by Eugene Gardner from Pinnacle Rarities (2/2008); Eugene H. Gardner Collection, Part II (Heritage, 10/2014), lot 98593.
From The Mesquite Collection.

HID02901242017
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