Seated Dollars
1869 $1 MS61 Prooflike NGC. OC-2, R.2. Osburn-Cushing Die State b/b. Osburn and Cushing write that although this issue claims a relatively high mintage of 423,700 coins, "the date is much scarcer than its high mintage would indicate. In most price guides it prices barely above the 1871 and 1872, the two highest mintage dates in the series. It should be considered as under-rated in all grades." This variety shows repunching on the 1 and doubling on the motto. Each side is well-defined and brilliant with thick frost over the devices. The obverse die was also used to strike proofs, although a light die crack between T and E in UNITED suggests that this is a prooflike business strike. Lightly marked fields show profound reflectivity, and the eye appeal is especially impressive for the grade. Census 1 in 61 Prooflike, 0 finer (8/17).
HID02901242017