LOT Old Heritage Auctions  /  2008 Jan. FUN Signature Coin Auction #454  / 

2948

1853 $1 Restrike PR61 NGC

Currency:USD Category:Coins & Paper Money / US Coins Start Price:19,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1853 $1 Restrike PR61 NGC
<B>1853 $1 Restrike PR61 NGC.</B></I> An untoned and intricately struck specimen with pleasing eye appeal for the grade. A loupe reveals faint field hairlines, but these are all that prevent a higher third party assessment. Duncan Lee published an study of the rarity of proof Seated dollars in the August 11, 2006 edition of <I>The Coin Dealer Newsletter. </B></I>Among the 34 dates in the series, the 1853 was tied with the 1843 and 1849 as the third rarest proof date. PCGS and NGC combined have certified 13 pieces, some of which may be resubmissions over the past 20 years.<BR> All proof 1853 Seated dollars are apparently restrikes. These are identified by a trace of an extra stripe near the top of the shield from the third line of the fourth group of vertical stripes. Interestingly, most business strikes are the "Chin Whiskers" variety, and the proof restrikes also have this prominent feature. Census: 1 in 61, 4 finer (10/07).<BR><BR><B>Coin Engraver:</B> Christian Gobrecht<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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