1859 $1 MS(PCGS#6946)

1859 $1 MS (PCGS#6946)

June 2023 U.S. Coins Auction

详细说明: 1859 Liberty Seated Silver Dollar. OC-3. Rarity-3+. EF-45 (PCGS). Warmly toned in deep mauve-gray, splashes of russet patina are scattered throughout the lower obverse. Sharply defined overall with a pleasingly smooth appearance in hand, this is an uncommonly attractive EF survivor of an elusive and underrated issue. A sizeable (for the type) mintage of 256,500 circulation strikes conceals the challenge that collectors will experience when searching for an 1859 Liberty Seated dollar. This issue was used primarily in the export trade with the Orient, demand for which was up that year due to the opening of new treaty ports in the north of China in 1858. (Others were opened in 1860, these events explaining the unusually large mintages of the 1859, 1859-O, 1860 and 1860-O issues.) Few, if any of the exported coins escaped melting, while others probably met a similar fate in the United States when the Philadelphia Mint destroyed tens of thousands of silver dollars to provide bullion for the heavy subsidiary coinages of 1861 and early 1862. Q. David Bowers (2016) estimates that only 350 to 500 examples have survived, and market appearances are even less frequent than even this limited range would imply. PCGS# 6946. NGC ID: 24YX. 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.