Heritage World Coin Auctions
ANA Signature US Coin Sale 1258 2-6 Aug 2017
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Proof Seated Dollars
1854 $1 PR64 PCGS. OC-P3, R.7. Osburn-Cushing Die State a/a. Vivid aquamarine and olive-gold shades embrace this fully struck and beautifully preserved Choice proof Seated dollar. The reverse displays a dramatic display of cobalt-blue with underlying violet accents. A small granular area beneath the first T in STATES provides an identifier, but it matters little given the overall glassy quality of the mirrors and the sumptuous coloration.
Recent research by Dick Osburn and Brian Cushing identify the OC-P3 die marriage as a proof restrike from the 1859 to 1860 timeframe, or possibly slightly later. It is struck from the usual proof obverse die with what Bowers (1993) calls "a triangular raised defect or 'island' above and to the right of the numeral 5 in the date." Duncan Lee (2006) suggests the defect is the top of a misplaced 4. It may also represent an upper left fragment of the crosslet of a misplaced 4. The current Osburn-Cushing website (2017) simply calls it a blundered date, one of their Top-30 Variety listings for Seated dollars. The reverse die has a light horizontal die line beneath the E in ONE. As is the case with all pre-1858 proofs of the series, the 1854 is very rare and highly desirable.
HID02901242017
1854 $1 PR64 PCGS. OC-P3, R.7. Osburn-Cushing Die State a/a. Vivid aquamarine and olive-gold shades embrace this fully struck and beautifully preserved Choice proof Seated dollar. The reverse displays a dramatic display of cobalt-blue with underlying violet accents. A small granular area beneath the first T in STATES provides an identifier, but it matters little given the overall glassy quality of the mirrors and the sumptuous coloration.
Recent research by Dick Osburn and Brian Cushing identify the OC-P3 die marriage as a proof restrike from the 1859 to 1860 timeframe, or possibly slightly later. It is struck from the usual proof obverse die with what Bowers (1993) calls "a triangular raised defect or 'island' above and to the right of the numeral 5 in the date." Duncan Lee (2006) suggests the defect is the top of a misplaced 4. It may also represent an upper left fragment of the crosslet of a misplaced 4. The current Osburn-Cushing website (2017) simply calls it a blundered date, one of their Top-30 Variety listings for Seated dollars. The reverse die has a light horizontal die line beneath the E in ONE. As is the case with all pre-1858 proofs of the series, the 1854 is very rare and highly desirable.
HID02901242017