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1846-O S$1 MS63 PCGS. Only four Seated Dollar issues were produced at the New Orleans Mint, the 1846

Currency:USD Category:Coins & Paper Money / US Coins Start Price:NA Estimated At:45.00 - 60.00 USD
1846-O S$1 MS63 PCGS. Only four Seated Dollar issues were produced at the New Orleans Mint, the 1846
1846-O S$1 MS63 PCGS. Only four Seated Dollar issues were produced at the New Orleans Mint, the 1846-O being the first in this group. This date is also significant because it is the premier branch mint Silver Dollar in U.S. coinage history. We do not know exactly how many dies the Engraving Department in Philadelphia prepared for the '46-O delivery, but at least three distinct reverses were used to deliver a total of 59,000 coins. This entire mintage was achieved in the month of June, after which the majority of coins entered circulation. Very few 1846-O Dollars were deliberately set aside at the time of production, and most Uncirculated examples that have survived probably did so purely by chance. While worn survivors are scarce, if somewhat overrated on today's market, accurately graded Mint State representatives are few and far between. The present PCGS-certified 1846-O Dollar easily qualifies for Condition Census standing. The reverse die seems to be the one that Bowers (1993) characterizes as having a "very weak and thin O mintmark." This date is not known for an especially sharp strike, and this coin is a little softly detailed around the obverse periphery from 12 o'clock to 5 o'clock. All remaining features on that side are bold, and the reverse displays an overall sharper impression. Both sides are toned in mottled tan-gray hues with splashes of apricot, lavender, antique-gold, and cobalt-blue shadings evident at direct angles. There are a few scattered abrasions, but only a shallow reeding mark in the obverse field before Liberty's shin is useful for pedigree purposes. NGC and PCGS combined report only five coins in MS63, and there is a lone MS64 NGC specimen finer (10/02).From the Ashland City Collection. Important notice: We expect to be auctioning lots at the rate of 200-250 per hour. Sometimes eBay Premier live bid software cannot keep up with that pace, so we strongly recommend that you place a realistic proxy bid now as insurance to avoid disappointment. Also please note that all Heritage/CAA lots purchased through eBay Premier carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions.