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Auction #Rich2 > Lot #1461 > Classic U.S. Coins > Seated Dollars 1840 $1 NGC MS62 ex: Norweb DLRC #: 95089  Track

Item Description:

The toning of this coin is somewhat mottled with gray and blue highlights, with areas that remain brilliant. Minor hairlines can be seen in the fields, and these likely account for the moderate grade. When catalogued in the Norweb sale in 1988, Bowers and Merena considered this coin a possible proof. Note the mirror surfaces within the shield stripes and the reflective prooflike fields. However, a few of the stars on the right side are not fully struck at their centers, which should not be the case were this a proof coin. Furthermore, the die diagnostics don't match the other known proof specimens. Nevertheless, this coin is likely an early strike which was coined soon after the dies were polished for regular production.

Any mint state 1840 silver dollar is a rare item, and despite this being the first year of the regular production, few have survived in mint condition. This particular coin possesses not only great eye appeal and toning, but is an appealing grade as well. One for the collector who appreciates quality.
NGC Census: 11, 5 finer (finest MS-64).

Ex: Norweb Collection sale, Bowers and Merena 10/88:3778.
Sold For: $7,475.00

DLRC Auctions · Past Auction Records

Description Lot # / Auction Realized Date
1840 $1 NGC MS62 ex: Norweb 1461: Richmond Sale, Part II Login 11/30/04

Click here to view past auction records for all grades of this issue.

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