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***Auction Highlight*** 1845-p Seated Liberty Dollar $1 Graded Select AU By USCG (fc)

Currency:USD Category:Coins & Paper Money Start Price:25.00 USD Estimated At:522.50 - 2,090.00 USD
***Auction Highlight*** 1845-p Seated Liberty Dollar $1 Graded Select AU By USCG (fc)
***Auction Highlight*** 1845-p Incredibly Scarce Issue . Seated Liberty Dollar $1 Graded Select AU By USCG. Incredibly scarce Issue. The 1845 Seated Dollar was incredibly short produced. For background on this, I quote from Q. David Bowers book “Silver Dollars & Trade Dollars of the United States: A Complete Encyclopedia" : “The year 1845 saw a lack of silver bullion which continued to be a problem throughout the year. Only two deliveries of silver dollars were made during the year. Indeed, United States silver coins of all denominations were relatively scarce on the American scene, despite generous mintages of lower denomination coins since the 1830s. When encountered, the typical silver piece was apt to be a Spanish-American (particularly Mexican) coin. An accounting of the coins possessed by the Massachusetts Bank in Boston in 1845 showed "that there was very little silver in the hands of the cashier and teller and that the gold was largely English, with French and American trailing far behind." (The Massachusetts First National Bank of Boston, 1784-1934, by N.S.B. Gras, p. 118.) During the era, vast quantities of American silver coins were exported. Although the exportation of Liberty Seated dollars is not specifically mentioned in Treasury reports, it seems logical that this, the largest silver denomination, would have been an ideal candidate for such use. “
A Corey's Pick, Bid to Win, Don't let it get Away Coin