Heritage World Coin Auctions
CSNS Signature US Coin Sale 1254 26-28 Apr 2017
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Proof Seated Dollars
1852 $1 Restrike PR64 Cameo PCGS. OC-P3, High R.5. This piece is identified as a Restrike according to PCGS, and it is confirmed as such by the die variety study done by Dick Osburn and Brian Cushing on their website, seateddollarvarieties.com. Mint State or proof Originals, from a mintage recorded at 1,100 coins, are extremely rare. In fact, PCGS only recognizes Restrikes among 1852 proof dollars. It is almost certainly true that all business strike or circulation strike 1852 Seated dollars are Original strikes, and that most proofs are Restrikes. However, a few Original proofs were also minted in 1852. The problem is differentiation.
When Dave Bowers published his Silver Dollar Encyclopedia in 1993, he described six different varieties of proofs, the first three described as "Proof issue" and the other three described as "Restrike Proof issue." The implication is that the first three varieties were Originals, but that is not stated. More recent research by Osburn and Cushing identifies four different proof die pairs, one that struck originals and three that struck restrikes. OC-P3, represented by the present coin, utilizes the 1859 proof reverse, and is thus confirmed to be a restrike issue.
This Choice Cameo example has mostly brilliant silver surfaces with peripheral sea-green on the obverse, and steel-gray on the reverse. The fields are nicely mirrored around satiny white devices with excellent contrast. PCGS has graded 15 proof 1852 Seated dollars, and just two of those are designated as Cameo. This piece is the finer of those two coins (1/17).
Ex: Central States Signature (Heritage, 4/2013), lot 4337; Central States Signature (Heritage, 4/2014), lot 5631.
From The Mesquite Collection.
HID02901242017
1852 $1 Restrike PR64 Cameo PCGS. OC-P3, High R.5. This piece is identified as a Restrike according to PCGS, and it is confirmed as such by the die variety study done by Dick Osburn and Brian Cushing on their website, seateddollarvarieties.com. Mint State or proof Originals, from a mintage recorded at 1,100 coins, are extremely rare. In fact, PCGS only recognizes Restrikes among 1852 proof dollars. It is almost certainly true that all business strike or circulation strike 1852 Seated dollars are Original strikes, and that most proofs are Restrikes. However, a few Original proofs were also minted in 1852. The problem is differentiation.
When Dave Bowers published his Silver Dollar Encyclopedia in 1993, he described six different varieties of proofs, the first three described as "Proof issue" and the other three described as "Restrike Proof issue." The implication is that the first three varieties were Originals, but that is not stated. More recent research by Osburn and Cushing identifies four different proof die pairs, one that struck originals and three that struck restrikes. OC-P3, represented by the present coin, utilizes the 1859 proof reverse, and is thus confirmed to be a restrike issue.
This Choice Cameo example has mostly brilliant silver surfaces with peripheral sea-green on the obverse, and steel-gray on the reverse. The fields are nicely mirrored around satiny white devices with excellent contrast. PCGS has graded 15 proof 1852 Seated dollars, and just two of those are designated as Cameo. This piece is the finer of those two coins (1/17).
Ex: Central States Signature (Heritage, 4/2013), lot 4337; Central States Signature (Heritage, 4/2014), lot 5631.
From The Mesquite Collection.
HID02901242017