1861 $1 MS (PCGS#6951)
Spring 2023 U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 6610
- 等级
- MS61
- 价格
- 59,324
- 详细说明
- 1861 Liberty Seated Silver Dollar. OC-1. Rarity-5+. MS-61 (NGC).
Offered is an uncommonly well preserved, rare Mint State example of a circulation strike silver dollar issue that can be highly elusive even in worn condition. Lustrous surfaces are splashed with iridescent reddish-apricot and powder blue toning. Fully struck, visually appealing, and sure to appeal to advanced collectors of Liberty Seated coinage or silver dollars.
Much 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. 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.
PCGS# 6951. NGC ID: 24Z4.
Click here for certification details from NGC.
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