1851 $1 MS(PCGS#6939)

The Regency Auction 53

拍卖行

Legend Rare Coin Auctions

批号

239

等级

MS63

价格

515,543

详细说明

FROM THE M & S PETTY COLLECTION One of the CLASSIC rarities of the series, the 1851 business strike began rare, with only 1,300 struck. The Osburn-Cushing reference estimates that 65 examples survive from this paltry mintage. Apparently these were not released in 1851, but slowly over the following years, used in exchange for silver bullion. Auction appearances are infrequent, especially for PCGS-graded coins in MS63 or finer. (indeed, this coin has not been seen in auction since November 2001). A brilliant, semi-Prooflike mint brilliance captures the light and brings out the wonderful, original toning. Hints of varied blue (ranging from teal to violet) at the peripheries meld to a rich apricot-gold over antique silver patina. The strike is very sharp, with all the fine details fully brought out by an exacting blow from the dies. The reverse has some light die cracks, not surprising, being that this reverse die was used in 1849 and 1850 before being used to strike the 1851 dollars. While a strong glass reveals reveals a few very minor ticks, these do not detract from a stunning visual allure, and help identify this CHOICE Mint State 1851 for posterity. Ex Dr. John C. Wong Collection, Bowers & Merena, November 2001, lot 4377; unknown intermediaries; Alpine Numismatics, private sale our consignor for $75,000. PCGS 2, NGC 8. This was the most recent PCGS-graded example to sell in auction, over two decades ago! The current Collectors Universe value is listed at $85,000. These clearly DO NOT appear with frequency. PCGS has graded seven coins finer, none of which have sold via public auction since 2003! This impressive Choice Mint State 1851 silver dollar rarity will set a new auction record when it crosses the block! Bound for a WORLD CLASS set! Good luck. Cert. Number 13595710 PCGS # 6939