1859-S $1 MS(PCGS#6948)

June 2023 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

3197

等级

XF45

价格

25,424

详细说明

1859-S Liberty Seated Silver Dollar. OC-2. Rarity-4. Repunched Date. EF-45 (PCGS). Warm golden-gray patina with tinges of olive-copper, pale pink and powder blue, this is an uncommonly smooth and visually appealing coin in a circulated survivor of this challenging issue. Among San Francisco Mint Liberty Seated dollars of the No Motto type, the 1859-S is an isolated issue with most examples produced for a single purpose. Of the 20,000 pieces struck, the first 15,000 coins delivered were intended solely for export. Indeed, the San Francisco-based firm of Bolton, Barren & Co. acquired 8,985 of these coins for use in the China trade. Those examples that went overseas were invariably lost through melting. Fortunately for today's collectors, the additional 5,000 pieces were retained stateside and saw commercial use in the West into the 1870s, if not beyond. Worn survivors of that delivery are more plentiful than the mintage might suggest, but given the manner in which this issue was distributed, combined with a lack of contemporary numismatic demand, it should come as no surprise that most are heavily impaired from rough handling in commerce or on the part of early owners. This handsome Choice EF would serve nicely in an advanced collection of Liberty Seated coinage or silver dollars. PCGS# 6948. NGC ID: 24YZ. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.