U.S. Coins Dollars Seated Dollars

1861 $1 PCGS MS65

Elusive Gem Seated Dollar

Eye Appeal:
Degree of Toning: 1/10
DLRC Inventory #: 1531068

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Auction Name: Internet Auction #1021.
Closed On: Sunday, July 15, 2018 9:05 PM.
Realized: $43,775.

Item Description:
Wow! This is a very special coin indeed. As all serious collectors know, any gem No Motto Seated dollar is a rare find. To date, PCGS has only graded 70 coins this high in the entire series! For the year 1861, PCGS has awarded the grade (or finer) just 5 times. Why? Because the coins marked up easily and bag marks of any kind are very distracting on the issue. The example we offer here is a true exception to the rule as it exhibits silky-smooth satiny luster over brilliant white surfaces with a very light skin of an original golden hue. The only marks noted are 3 tiny reed marks between star 6-7 on the obverse and these do not distract. The planchet is extremely lustrous and fresh and also exhibits an overall evidence of die polishing where the mint masters cleaned up the die -- probably just prior to striking this beautiful piece. If you are seeking gem Seated material for type or a date set, this extraordinary piece will make the fussiest collector happy.

DLRC Related Auction Data:
Title
Realized
Date Sold

1861 $1 PCGS/CAC MS65 ex: D.L. Hansen/Morelan

$61,500.00

11/11/19

1861 $1 PCGS/CAC MS64 - Choice High Grade with Pretty Toning

$12,750.00

10/26/14

1861 $1 NGC MS64

$7,250.00

9/11/08

1861 $1 PCGS MS64

$7,000.00

9/11/06

1861 $1 NGC/CAC MS63

$4,201.00

8/6/09

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Catalog Details:
PCGS #: 6951 ()
Catalog: U.S. Coins
Category: Dollars
Series: Seated Dollars
Type: No motto
Years for Type: 1840-1866
Strike: Business
Denomination: Silver dollar
Mint Location: Philadelphia
Designer: Christian Gobrecht
Composition: 90% silver; 10% copper
Weight: 26.73g
Edge Type: Reeded
Mintage: 77,500