1862 $1 MS(PCGS#6952)

Summer 2025 Global Showcase Auction U.S. Coins

拍卖行

Stack's Bowers

批号

6022

等级

MS62

价格

77,120

详细说明

OC Die State a/a. This bright and essentially brilliant example is aglow with satin to modestly semi-reflective luster. It is sharply struck and exceptionally well composed for the assigned grade. The 1862 has the lowest circulation strike mintage among Civil War era Liberty Seated dollars with just 11,540 coins struck. As with its predecessors beginning with the 1853, these coins were produced at the request of bullion depositors who used the coins in international commerce, especially to Liverpool (England), Latin America, and Asia (the latter largely through the London market). Apparently few examples returned to native shores, as the extant population of the circulation strikes is fewer than 350 coins in all grades. The 1862 is in the second rarity tier among the extremely popular Civil War issues in the Liberty Seated dollar series, ranking alongside the 1863 behind the 1861, then followed by the 1865 in the third rarity tier, and finally the 1864.<p>Given the manner in which they were distributed and subsequently preserved, however, Mint State examples of most Liberty Seated dollar issues from the Philadelphia Mint should really be evaluated differently than their surviving circulated counterparts. Most of the former were acquired directly from the Mint as keepsakes, especially beginning in 1860, and especially in 1862, when Mint State coins were probably seen as an attractive alternative for those who still wanted a silver dollar of the year but had no interest in or lacked the financial means to acquire a more costly Proof or, ultimately, an entire silver Proof set. (In 1860 and 1861 the Mint increased the price for single Proof silver dollars to $1.60, although Mint State singles remained at $1.08; in late 1861 Director James Pollock suspended the sale of individual Proof silver dollars and, thereafter, such coins could only be acquired as part of the year's silver Proof sets.) One of perhaps 40 to 65 Mint State survivors of the 1862 silver dollar, this premium PCGS/CAC MS-62 example was likely acquired directly from the Mint in the year of issue, by a collector or someone else in the North with an interest in setting aside a numismatic keepsake from this momentous year in United States history.