1861 $1 MS(PCGS#6951)

June 2023 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

3198

等级

AU58

价格

57,205

详细说明

1861 Liberty Seated Silver Dollar. OC-4. Rarity-4-. AU-58 (PCGS). Offered is a highly desirable Choice AU example of a circulation strike silver dollar issue that is highly elusive in all grades. Lustrous, frosty surfaces are untoned apart from subtle iridescent highlights in isolated peripheral areas. Fully struck, and sure to appeal to advanced collectors of Liberty Seated coinage or silver dollars. Some of the silver deposited at the Philadelphia Mint for dollar coinage in 1861 came from Nevada's rich Comstock Lode. Beginning in 1859, much of this metal found its way to California, where it flooded the market before being shipped East. The bonanza days of the Comstock were still to come, however, and throughout much of the 1860s bullion depositors remained dependent on imports and foreign coins for silver. In 1859, 1860 and 1861, U.S. merchants exported 1,250,000 silver dollars to China, where the coins were received at bullion value - although they were less popular than the slightly heavier Spanish-American dollars. Most of the 77,500 circulation strike dollars coined in 1861 were lost to future generations of numismatists in this manner. Additionally, many examples are believed to have been destroyed through melting in the United States to provide bullion for the large mintages of subsidiary silver coinage at the Philadelphia Mint in 1861 and early 1862. As a Civil War date, as well, the 1861 is one of the most exciting, and also challenging issues in the entire Liberty Seated dollar series of 1840 to 1873. Q. David Bowers (2016) estimates that only 200 to 300 coins are extant in all circulated grades. PCGS# 6951. NGC ID: 24Z4. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.