Heritage World Coin Auctions
CSNS Signature US Coin Sale 1254 26-28 Apr 2017
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Seated Dollars
1872 $1 MS65 NGC. OC-8, R.2. The 1872 Seated Liberty dollar claims the highest mintage of the series, just over 1.1 million pieces. Despite the large production, the 1872 is not the most common Seated Liberty dollar today, as more coins of this date were exported than those dated 1871, which also had a high mintage. Most of the 1872 dollars were released into circulation shortly after their issue and circulated heavily in commercial channels after 1873, when the falling price of silver caused their intrinsic value to drop below their face value. The 1872 is easy to locate in circulated grades, and lower Mint State examples can be found with patience. The issue is very rare at the MS65 level, however, and finer examples are virtually unobtainable, as the certified populations attest.
The well-preserved surfaces of this impressive Gem are blanketed in attractive shades of lavender-gray, golden-brown, and powder-blue toning, complementing the satiny mint luster underneath. The design elements are sharply detailed in most areas, but a touch of softness shows on some of the stars. No significant distractions are evident on this eye-appealing coin. NGC reports only three MS65 with none finer; PCGS shows three Gems and one MS66 finer (1/17). Q. David Bowers estimated five to eight coins known in MS65 or better condition in 1993, an estimate that still seems valid today.
Ex: Purchased by Eugene Gardner from Legend Numismatics (2/2007); Eugene H. Gardner Collection, Part II (Heritage, 10/2014), lot 98601.
From The Mesquite Collection.
HID02901242017
1872 $1 MS65 NGC. OC-8, R.2. The 1872 Seated Liberty dollar claims the highest mintage of the series, just over 1.1 million pieces. Despite the large production, the 1872 is not the most common Seated Liberty dollar today, as more coins of this date were exported than those dated 1871, which also had a high mintage. Most of the 1872 dollars were released into circulation shortly after their issue and circulated heavily in commercial channels after 1873, when the falling price of silver caused their intrinsic value to drop below their face value. The 1872 is easy to locate in circulated grades, and lower Mint State examples can be found with patience. The issue is very rare at the MS65 level, however, and finer examples are virtually unobtainable, as the certified populations attest.
The well-preserved surfaces of this impressive Gem are blanketed in attractive shades of lavender-gray, golden-brown, and powder-blue toning, complementing the satiny mint luster underneath. The design elements are sharply detailed in most areas, but a touch of softness shows on some of the stars. No significant distractions are evident on this eye-appealing coin. NGC reports only three MS65 with none finer; PCGS shows three Gems and one MS66 finer (1/17). Q. David Bowers estimated five to eight coins known in MS65 or better condition in 1993, an estimate that still seems valid today.
Ex: Purchased by Eugene Gardner from Legend Numismatics (2/2007); Eugene H. Gardner Collection, Part II (Heritage, 10/2014), lot 98601.
From The Mesquite Collection.
HID02901242017