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CSNS Signature US Coin Sale 1254  26-28 Apr 2017
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Lot 4106

Estimate: 1 USD
Price realized: 9750 USD
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Seated Dollars
1856 $1 MS64 NGC. OC-1, R.2, Repunched 6, A Top 30 Variety. The Mint State rarity of the 1856 Seated dollar can be misleading if one starts with the disproportionately generous mintage of 63,500 pieces. Much of the original production was eventually shipped to the Orient for commercial trade; those that remained for domestic use were seldom held from circulation. Uncirculated survivors are rare in all grades, and certified Gems are unknown. This near-Gem, despite lacking full design definition, is among the finest known of the issue. It has appealing, satiny luster and a lack of heavy abrasions. Deep golden-gray and lavender-rose toning dots each side but is somewhat lighter on the reverse. As with any better-grade 1856 Seated dollar we have seen, the strike is a trifle mushy in the area of Liberty's head and surrounding stars. Census: 2 in 64, 0 finer (3/17).
Ex: ANA Signature (Heritage, 7/2005), lot 10244; purchased by Eugene Gardner from Bill Nagle (2/2007); Eugene H. Gardner Collection, Part II (Heritage, 10/2014), lot 98594.
From The Mesquite Collection.

HID02901242017
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