1850-O $1 MS(PCGS#6938)
1850-O $1 MS (PCGS#6938)
March 2018 Baltimore U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 10256
- 等级
- MS63
- 价格
- 182,391
- 详细说明
- Key Date 1850-O Silver Dollar Condition Census PCGS MS-63 Grade 1850-O Liberty Seated Silver Dollar. MS-63 (PCGS). This is a simply outstanding example of the rare and conditionally challenging 1850-O silver dollar. Both sides are exceptionally well produced with razor sharp, virtually full detail over even the most intricate elements of the design. Whereas many 1850-O dollars are softly defined around the obverse periphery and/or over the eagle's head, right leg and talon, this coin is sharp even in those areas. Expertly preserved, as well, the brilliant satin surfaces retain full mint luster with a relatively smooth appearance. One of the most significant silver offerings in the Vanderbilt Collection, this New Orleans dollar is a find for advanced collectors of Liberty Seated and New Orleans Mint coinage. The 1850-O is the second of only four New Orleans Mint issues in the Liberty Seated silver dollar series and is the rarest in all grades. A mere 40,000 pieces were struck at the request of bullion depositors for use in export trade from this Southern port, the largest and most active on the Gulf Coast at that time. Much of the bullion came from melted down Mexican dollars, which were far more plentiful in commerce during the 1840s than American silver dollars. Limited quantities returned to the United States to pay for goods, especially among those coins that were shipped to Europe, and these constitute the majority of circulated survivors in today's market. Mint State coins are rare with only a handful of pieces surviving, almost purely as a matter of chance. This is one of the finest certified and its offering in this sale is sure to appeal to astute bidders. Provenance: From the A.J. Vanderbilt Collection. Earlier from our (Stack's) sale of April 1978, lot 719. Lot tag included. PCGS Population: 4; with a single MS-64 finer. PCGS# 6938. NGC ID: 24YN. Click here for certification details from PCGS.