Goldberg Coins and Collectibles



Sale 81

The Pre-Long Beach Sale


Seated Liberty Dollars
 
 
Lot Photo Description Realized
Lot 981
1840. PCGS graded XF Details, Cleaning. Light golden toning with reflective fields. Only 61,005 struck (PCGS # 6926) .
Estimated Value $225 - 250.
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Realized
$588
Lot 982
1843. NGC graded MS-64. Nice light golden toning. A regularly seen date in lower circulated grades due to large mintage, but definitely on the scarce side and difficult to locate in the better grades of Mint State such as MS64. In fact, the 1843 is elusive in any of the Uncirculated grades and is unknown in finer conditions at NGC. This is a frosted, agreeably lustrous example that has just a hint of natural patina across the surface. Close to mark-free barring a few ticks in the obverse field and a slight diagonal mark on Liberty's midriff, plus three nicks in the reverse field, some softness of definition on the obverse stars is barely discernible and the eagle which is quite bold on the reverse uplifts the grade. An rare opportunity for the Seated Dollar specialist.

While we cannot in all honesty call this coin is a true showpiece and landmark like one of the great Seated Liberty Dollar legends (1870-S, 1873-CC), certainly the next owner will treasure it for its uncommon high grade and surface originality. Pop 8; none finer at NGC.
Estimated Value $13,000 - 14,000.
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Unsold
Lot 983
1844. PCGS graded XF Details, Cleaning. Untoned with reflective fields. Only 20,000 struck (PCGS # 6930) .
Estimated Value $200 - 250.
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Realized
$564
Lot 984
1846-O. PCGS graded AU Details, Damage (Edge/Rim Damage). Only 59,000 struck (PCGS # 6933) .
Estimated Value $300 - 350.
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Realized
$541
Lot 985
1846-O. PCGS graded XF Details, Questionable Color. Light golden toning with reflective fields. Only 59,000 struck (PCGS # 6933) .
Estimated Value $250 - 300.
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$541
Lot 986
1847. PCGS graded AU-50. CAC Approved. Lightly toned on both sides. Luster around the devices, well struck and attractive with old-time patina (PCGS # 6934) .
Estimated Value $700 - 750.
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$852
Lot 987
1850-O. PCGS graded AU-50. Mostly untoned. Identifiable by a small horizontal mark at Liberty's throat. The 1850-O is a collector favorite, one of the more talked-about dates in the entire Seated Dollar series. Mint records report a very unassuming mintage of 40,000 pieces. We have to assume that domestic circulation throughout the South undoubtedly took a toll on this delivery. Examples, are scarce in all grades but generally found well worn. The '50-O is a prime condition rarity, with AU coins being elusive in today's market. Factor in the observation that so many 1850-O Dollars have been mishandled or cleaned and one can easily appreciate the appeal of the original About Uncirculated specimen offered here. Pop 25; 42 finer at PCGS. (PCGS # 6938) .
Estimated Value $2,500 - 2,600.
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Realized
$3,525
Lot 988
1865. PCGS graded MS-64. A frosty white coin. Only 46,500 struck. The Civil War approached its final days when this numismatic rarity was sent forth from the Mint at Philadelphia. The money of the country, by which we mean gold and silver coins, was still being hoarded. Shinplasters (scrip) and various unbacked "well pay you sometime" currency ruled the roost, mainly in the form of U.S. Notes (greenbacks) and the recently introduced National Bank Notes (backed by fast depreciating government bonds). In 1865, for instance, for a bank, an exporter or a merchant to obtain $100 in gold coin from a bullion seller, he'd likely have to tender between $150 and $200 in Greenbacks to conduct the transaction. This situation did not right itself completely until January 1879, fourteen years after this Seated Dollar was struck. It was only then that the currency (those "well pay you sometime" notes) returned to par against specie that is, when $100 in currency would actually buy $100 in gold coin!

Of necessity (at least East of the Mississippi River where the war was being conducted) silver coin production at Philadelphia declined drastically during the war years, and whatever silver coin was produced was promptly either hoarded or exported. Bowers' Silver Dollar Encyclopedia maintains that most of the 1865 Seated dollar issue was exported to Central and South America.

That said, this handsome, nicely original 1865 Seated Dollar displays only a few slight marks in the field, with silvery luster, adequate but not very well struck devices. What little contact can be seen is of the most minimal nature, while the piece has generous eye appeal overall give how few of these survived in Mint condition. Pop 10; 1 finer in 65. (PCGS # 6955) .
Estimated Value $14,000 - 15,000.
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Lot 989
1871. PCGS graded Good-4. Old time toning (PCGS # 6966) .
Estimated Value $200 - 220.
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Realized
$306






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