1850 $1 MS(PCGS#6937)

March 2018 Baltimore U.S. Coins Auction

拍卖行

Stack's Bowers

批号

10255

等级

MS62

价格

45,598

详细说明

1850 Liberty Seated Silver Dollar. MS-62 (PCGS). This is a thoroughly appealing 1850 silver dollar, a key date issue. Prooflike in finish, both sides exhibit satiny devices and mirrored fields beneath an overlay of smoky silver-apricot patina. The strike is quite well executed for the type with sharp to full definition throughout the design. Solidly graded with a pleasant appearance, this coin is sure to appeal to specialists in both Liberty Seated coinage and silver dollars. Long recognized as one of the more elusive issues in the Liberty Seated silver dollar series, just 7,500 circulation strike 1850 silver dollars were made. This is the lowest yearly output from either the Philadelphia or New Orleans mints since the introduction of the Liberty Seated design in 1840. With silver dollars coined at the request of bullion depositors during that era, and the price of silver relative to gold rising due to the vast quantities of gold being mined in California, it makes sense that little silver bullion would have been deposited for coinage into dollars in 1850. While the persistent buyer can usually obtain a VF, EF or even AU example, few Mint State coins survived the tumultuous economic times of the decade leading up to the outbreak of the Civil War. Elusive in all Uncirculated grades, and very rare in Choice and Gem quality, a high grade 1850 silver dollar such as that offered here will have advanced collectors competing vigorously when this example crosses the auction block. We encourage interested parties to enter strong bids for this significant rarity for, once sold, it may be quite some time before a similar opportunity comes about. Provenance: From the A.J. Vanderbilt Collection. Earlier from our (Stack's) session of Auction '85, July 1985, lot 1758. Lot tag included. PCGS Population: 9; 12 finer (MS-64 finest). PCGS# 6937. NGC ID: 24YM. Click here for certification details from PCGS.