6120

1861[S$1] MS64 NGC.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1861[S$1] MS64 NGC.
<B>1861<S$1> MS64 NGC.</B></I> The mintage for the 1861 Seated Dollar was a generous 77,500 pieces. However, a significant number were exported overseas, and a large percentage of the mintage was also melted by private citizens during the years of the Civil War. We know that 40,000 Silver Dollars with this date were also melted in 1861 to provide bullion for subsidiary silver coinage. As a result, the 1861 is very scarce in all circulated grades. In fact, proofs appear at auction more often than XF or AU coins. Mint State pieces are also seldom seen. This piece is well defined throughout with even, satin-like luster that has taken on an overlay of rich, medium density gray toning with an undertone of rose that is apparent when held beneath a light. Population: 14 in 64, 3 finer (4/04). <BR><BR><B>Important notice:</B> Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Since eBay bids are not shown to us until we open the lot on the floor, we treat those bids just like floor bids. In most cases the floor responds before the eBay bid is presented to us, due to Internet lag time, so for consistency we have made it a policy that floor bids are always considered first over tie eBay live bids. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions before you bid.