1870 $1 MS (PCGS#6963)
August 2018 ANA U.S. Coins Auction Philadelphia, PA
- 拍卖行
- Stack's Bowers
- 批号
- 3479
- 等级
- MS62
- 价格
- 14,777
- 详细说明
- 1870 Liberty Seated Silver Dollar. OC-2. Rarity-3-. Doubled Die Reverse. MS-62 (NGC).
This is a predominantly brilliant coin with blushes of pale golden iridescence over the upper obverse and reverse. Satiny luster and razor sharp striking detail throughout, the reverse on is own smooth enough to support a Choice Mint State grade. As with earlier issues in the Liberty Seated dollar series, most of the 415,000-coin circulation strike mintage for the 1870 was exported, chiefly to China, but also to other destinations such as Bombay, India. Virtually all exported examples were destroyed through melting. The 1870, however, is among the more readily obtainable issues in this challenging series and, indeed, it is the first of the type produced since the 1840s for which a significant number of coins remained within the United States. These coins were paid out to bullion depositors at the time of issue and, since they were worth a premium over face value, probably saw little in the way of active circulation. Even so, Mint State 1870 silver dollars are scarce, especially relative to demand from today's high grade type collectors and silver dollar enthusiasts.
Provenance: From The Des Moines Collection.
NGC Census: 17; 34 finer (MS-65 finest).
PCGS# 6963. NGC ID: 24ZD.
Click here for certification details from NGC.
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