FROM THE M & S PETTY COLLECTION A fantastic example of this important CONDITION RARITY! One of the finer examples known of this date. The original mintage of 62,600 quickly disappeared, as coins were exported early in the 1850s as the huge amounts of gold flooding the economy from the Gold Rush made silver more expensive in relation to gold. Many Seated dollars were melted overseas as the bullion value exceeded the face value. The strike on this near-GEM is sharp throughout, with Miss Liberty’s hair curls well defined. Mostly bright silver on the obverse with a pale golden hue favoring the periphery, the reverse sporting a bit more russet and gold, with a touch of blue at the rim. Close examination finds little more than a couple of tiny nicks from bag handling, which keeps this piece far and away finer than the majority of survivors seen of the 1849 issue. A rarity which will be a centerpiece in any advanced collection. PCGS 19, NGC 19, CAC 1. This coin is an old friend, having sold in our Regency Auction XV, and was not CAC back then. Today, with its CAC approval, should bring the PCGS and CAC CPG values of $15,000. Only three are finer at PCGS, none of which have sold in auction since the MS65 from the L.K. Rudolf Collection sold in May 2003! Worthy of another amazing collection of Seated Liberty dollars. Bidding will be intense. Cert. Number 45114112 PCGS # 6936