1840 $1 PR (PCGS#6981)
June 2021 U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 2168
- 等级
- PR63
- 价格
- 142,059
- 详细说明
- Rare Proof 1840 Liberty Seated Dollar
1840 Liberty Seated Silver Dollar. OC-P1. Rarity-7-. Proof-63 (NGC).
If you are building an advanced type set of United States coins, you can appreciate this rare chance to obtain the first year of issue of the Liberty Seated dollar in Proof format. Both sides of this beautiful, brightly reflective specimen are fully struck over all design elements. They are also attractively toned with splashes of cobalt blue and rose-russet iridescence that are largely confined to the peripheries. The centers are pale gold, yet just as pleasing to the eye. Visually impressive, this is a solidly graded Choice Proof specimen that is sure to sell for a strong bid.
While no actual record of the number of Proof 1840 dollars struck exists, today's numismatists feel that perhaps two dozen or so is an accurate assessment based on the number of specimens known. The PCGS Population Reportsuggests that only 15 to 20 examples are extant, despite the fact that PCGS and NGC combined have recorded 47 (!) grading events for this issue. Undoubtedly many resubmissions have occurred over the years, although it is also likely that the actual mintage may be somewhat more than 20 coins. Further evidence for the latter conclusion comes from the fact that Dick Osburn and Brian Cushing (Liberty Seated Dollars: A Register of Die Varieties, 2018) have identified five different die combinations for this issue. This is an unusually high number of die pairings for any pre-1858 Proof Liberty Seated issue that, regardless of how coins were produced, points to multiple striking periods. Indeed, during the 1840s the Mint struck Proof coins in (extremely) limited numbers on an as-needed basis, and with the circulation strike silver dollar produced in quantity for the first time since 1804 (using 1803-dated dies), it is easy to imagine the Mint receiving extra calls for Proofs at different times throughout calendar year 1840.
This is certainly a delightful representative example of a rare and numismatically significant issue that would serve as a focal point in any cabinet.
NGC Census: 9; 10 finer in this category (Proof-65 finest).
PCGS# 6981. NGC ID: 24ZP.
Click here for certification details from NGC.
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