Lot 1691
1851 Liberty Seated Dollar. PCGS graded AU-58 PQ. A brilliant, proof-like specimen of this "classic" rarity! This specimen displays fully reflective fields, razor sharp detail on every facet of the coin, frosty devices and cameo contrast. The luster on this piece rolls across the watery fields and appears satiny closest to the periphery. A well struck issue, as evidenced by the pronounced state of the clashmark right of the wrist and the fully pronounced hair detail. The date is high, a diagnostic for the business strike issues.
Only 1,300 business strike issues were made in 1851, the second lowest mintage figure for the Series (the 1852 had a mintage of 1,100). Every dollar specialist, type collector and rarity collector dreams of owning this issue and the present offering goes beyond our wildest expectations with regards to quality and originality. Traditionally, people have purchased proof 1851 examples due to the fact that they are more obtainable in higher grades but this specimen gives one the excellent opportunity to purchase one of the finer 1851 business strike examples. PCGS has graded a total of 25 coins in all grades. Currently, at PCGS, 10 are graded in AU-58 with only 13 finer. Housed in an old PCGS green label, fat letter holder (PCGS # 6939) .
Estimated Value $18,000 - 22,000.
The Michael M. Magdic Collection.
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| Realized $43,700 |
