1850-O $1 MS(PCGS#6938)

The Regency Auction XXI May 2017

拍卖行

Legend Rare Coin Auctions

批号

309

等级

MS61

价格

56,684

详细说明

One of only four dates minted in New Orleans in the Seated dollar series, and this one has the lowest mintage of them. Boasting an great pedigree, Amon Carter, Jr, this 50-O dollar is lustrous and sharply struck. Satiny silver centers show slightly angular peripheral toning at the rims, which is characteristic of many silver dollars from that famed collection. Hints of blue, green, and gold blend into the narrow bands of color. Some minor die rust is seen in places as tiny raised bumps, and we note some small marks here and there, nothing serious enough to distract the eye. Most of the 40,000 silver dollars struck were melted down as specie, and whatever was left, remained in circulation for a long time, even AU coins are considered rare. Very rare in mint state, in 1979, Bruce Lorich published a study which concluded that only four dates in the entire series appeared less often in mint state, than the 50-O, those being the 1855, 1870-S, 1871-CC, and “the non-existent 1873-S.” And Dave Bowers wrote in 1993, “If you want a Mint State 1850-O dollar for your collection...it may be years, if ever, until you can find a nice Mint State coin. Examples are few and far between.” PCGS 2, NGC 6. The last NGC coin sold in August 2012 for $8,625; this piece does not appear in our database of auction records. The most recent record was for a PCGS-graded coin that realized $11,756 in November 2014. We can tell you that the first time it sold in auction in the “modern” era, was in January 1984, when Stack’s sold the Amon Carter Collection, and this coin appeared as lot 259. This is a rare opportunity for the advanced silver dollar collector to add a real mint state example to their set. PCGS # 6938 Cert. Number 566145-002 PCGS # 6938