1852 $1 Restrike PR(PCGS#6995)

August 2021 ANA U.S. Coins Auction

拍卖行

Stack's Bowers

批号

4123

等级

PR60

价格

132,160

详细说明

Desirable Proof Restrike 1852 Liberty Seated Dollar 1852 Liberty Seated Silver Dollar. Restrike. OC-P2. Rarity-7+. Proof-60 (NGC). Representing a legendary date in the challenging Liberty Seated silver dollar series, here is an exceedingly rare Restrike die pairing. Otherwise untoned, the bright silver surfaces exhibit blushes of pale pink and cobalt blue iridescence along the left borders. Wispy hairlines and other signs of light handling explain the NGC grade, but there are no sizable marks. This coin is fully struck throughout the design, with an intense brilliance to the finish. This elusive issue owes its existence to the low mintage, key date status of the circulation strike 1852 silver dollar. The Philadelphia Mint struck only 1,100 silver dollars for commercial use in 1852, a fact that was not lost on contemporary numismatists. By the end of that decade the 1852 (along with the 1851) was known as a rare and desirable date in the silver dollar series. In 1859 (and perhaps earlier), the Mint began producing Proof restrikes of the 1852 silver dollar. These coins are not an official issue, but rather were offered privately by Mint personnel. Several striking periods are supposed, the first ending in 1860 when Mint Director James Ross Snowden seized the dies and sealed them in a carton, per a (probably) fictitious scenario. In 1867 a new mint director, Henry R. Linderman, opened the carton (again, probably an imagined scenario), inaugurating a new period of restriking that probably continued intermittently until the end of Linderman's second term in 1878. The earliest known auction appearance of a restrike Proof 1852 silver dollar was in Edward Cogan's Simon Gratz Collection sale of May 1, 1859. Since then, the popularity of this issue has grown as new generations of collectors have sought high grade examples of this key date Liberty Seated dollar. Just a single obverse die was used to strike all 1852-dated silver dollars, including circulation strikes, Original Proofs, and Proof Restrikes. The OC-P2 variety, as offered here, is the rarer of the two confirmed die marriages used to strike 1852-dated Proof Restrikes. Osburn and Cushing (2018) also list a third Restrike die marriage that was previously proposed by Q. David Bowers, but this has yet to be confirmed. The OC-P2 variety features a reverse die first used on Original Proofs from 1856 and 1857, and it was later used for Restrikes dated 1851 and 1852. Original research by John M. Pack suggests that this reverse was also used to strike 1861 Original Proofs, based on the matching of several die markers including a lump on the rim below the letter L in DOL. Just about six examples of the OC-P2 marriage are thought to survive, and this is the second that we have had the privilege of bringing to auction in the last two years. Surely a significant opportunity for advanced collectors of Liberty Seated coinage or 19th century Proof silver. Provenance: From the Lincoln Square Collection. Earlier ex Heritage's sale of the Collection of Donald E. Bently, February 2014 ANA National Money Show Signature Auction, lot 3977. PCGS# 6995. NGC ID: CHGE. Click here for certification details from NGC. Click here to see Coins in Motion.[“Coins]