1850 $1 MS(PCGS#6937)

1850 $1 MS (PCGS#6937)

August 2018 ANA U.S. Coins Auction Philadelphia, PA

详细说明: 1850 Liberty Seated Silver Dollar. OC-1. Rarity-3. Repunched Date. AU-53 (PCGS). CAC. OGH. This is an attractive and desirable 1850 dollar, a key date in the early Liberty Seated series. Silver gray surfaces reveal iridescent undertones of golden-apricot, pale lilac and powder blue under a light. Sharply defined overall, and sure to appeal to advanced collectors of silver dollars or Liberty Seated coinage. Due to the rich yields of the California Gold Rush, the price of silver on the international market rose after 1849 as gold became more "common" in comparison. Under such circumstances bullion brokers deposited very little silver for new coinage, with the Philadelphia Mint receiving only token orders for dollars in 1850 and, especially, 1851 and 1852. The circulation strike 1850 was produced to the extent of just 7,500 pieces, survivors scarce and numbering only 400 or so coins in all grades (per Osburn and Cushing, 2018). For another view of estimates for this year and others, see Silver Dollars and Trade Dollars of the United States: A Complete Encyclopedia,Q. David Bowers, 1993. With Mint State examples rare, this pleasing AU represents a particularly significant find for the astute collector. Provenance: From the Midwest Cabinet. PCGS# 6937. NGC ID: 24YM. Click here for certification details from PCGS.