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CSNS Signature US Coin Sale 1254  26-28 Apr 2017
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Lot 4124

Estimate: 1 USD
Price realized: 7750 USD
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Proof Seated Dollars
1862 $1 PR65 PCGS. OC-P2, High R.3. Ex: The Childs Collection. Osburn-Cushing Die State a/b. Vertical shield lines 1, 2, and 3 extend above the first crossbar. The tip of the middle olive leaf beneath the left (facing) wing tip is diagnostically broken, perhaps from foreign matter in the die. The arrowheads do not touch each other. This is an original and exceptionally attractive toned proof, razor-sharp and still housed in its older-generation, blue label holder with barcode on the back. Dappled shades of cobalt-blue, pale-umber, violet, and gold drift across the mirrored fields, surrounding the lightly frosted central motifs.
The 1862 Seated dollars are sought, in part, because of the low circulation-strike mintage of just 11,540 coins and a proof mintage of only 550 pieces. When sold as part of the Walter H. Childs Collection, this impressive proof dollar was tied for finest-graded by PCGS. In the intervening years, two coins have achieved a numerically finer grade at that service, yet the present example continues to rank among the few finest proofs of the scarce Civil War issue. Population: 12 in 65, 2 finer (3/17).
From The Siegel Collection.

HID02901242017
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