1859 $1 PR(PCGS#7002)
1859 $1 PR (PCGS#7002)
Spring 2023 U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 3020
- 等级
- PR64+
- 价格
- 80,510
- 详细说明
- Historic Proof 1859 Silver Dollar 1859 Liberty Seated Silver Dollar. Proof-64+ (PCGS). CAC. A visually engaging piece, the obverse exhibits rich olive-russet and steel-blue iridescence to a base of pewter-gray. The equally original reverse shows cobalt-blue and deep mauve peripheral patina that gives way to softer sandy-gray in the center. Stunning Proof qualities shine forth powerfully as the surfaces dip into a light. An expertly produced, exceptionally well preserved Choice specimen that will delight its new owner. The year 1859 represents the first in which the Mint recorded the number of Proof gold and silver coins struck. This was an important milestone on the path toward widespread marketing of Proof coinage begun by Mint Director James Ross Snowden in the late 1850s. The 1859 was also produced in far greater numbers than any Proof silver dollar issue that preceded it. Yet while 800 pieces were struck, this issue is much scarcer than the mintage might imply. Numismatic scholars believe that only 450 or so examples were actually distributed to contemporary collectors, the remaining specimens eventually disposed of through melting or, more likely, release into commercial channels. Numismatics in the United States was still in its infancy in 1859, and the Mint would continue to overestimate demand for Proof coinage through the early 1860s. The Millholland specimen offered here is a conditionally rare survivor from this important period in U.S. Mint history, and is sure to have no difficulty finding its way into another impressive cabinet. Provenance: From the Collection of James Allaire Millholland, 1842-1911. PCGS Population: 4; 16 finer in this category (Proof-67+ finest). CAC Population: 14; 7. The former total includes coins certified both Proof-64 and Proof-64+. To view all items from the Collection of James Allaire Millholland, 1842-1911 click here. To view supplemental information pertaining to the Collection of James Allaire Millholland, 1842-1911 click here. PCGS# 7002. NGC ID: 252D. 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.