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CSNS Signature US Coin Sale 1254  26-28 Apr 2017
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Lot 4108

Estimate: 1 USD
Price realized: 28 000 USD
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Seated Dollars
1859-O $1 MS65 NGC. OC-1. The 1859-O and 1860-O are the two most available No Motto issues in Mint State. The 1859-O is about half as scarce as the 1860-O. A couple of sealed Treasury bags of the two issues surfaced during the circa-1962 great silver dollar run on Treasury holdings. Harry Forman, John Skubis, and John Love were the three dealers associated with their disbursement. However, the coins from those bags are heavily bagmarked due to a century of indifferent storage and shipment. The typical Uncirculated 1859-O grades MS60 to MS62. Gems are extremely rare.
Delicate tan-gold toning visits the margins of this highly lustrous and carefully preserved Gem. The strike is precise aside from the customary minor inexactness on Liberty's upper hair. An interesting slender strike-through (as made) is on the wrist of Liberty's left (facing) arm. The reverse is remarkably smooth, and the obverse field exhibits only minor contact. NGC lists one MS65, the present coin, with none finer. PCGS has two MS65 with none finer (1/17).
Ex: Purchased by Eugene Gardner from Jason Carter (6/2007); Eugene H. Gardner Collection (Heritage, 6/2014), lot 30600.
From The Mesquite Collection.

HID02901242017
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