Lot 1719
1863 Liberty Seated Dollar. PCGS graded MS-62 PQ. A gorgeous and well struck business strike issue of this very elusive date in this series. Liberty is extremely frosty and creates a "cameo-like" appearance against the fields. Radial satiny luster engulfs both the obverse and reverse surfaces. There are some light hairlines in the fields. Vertical die polish lines are seen on the obverse above Liberty's head and near the date. There is a small mint made depression in the right field, right of elbow. Additionally, light clashmarks are found right of wrist and elbow. The date is centered between the base of Liberty and the rim below. As mentioned previously, the business strike issues from the Civil War Era are extremely rare and often come in much lower grades than the Proof examples of the same time frame. Due to the suspension of specie payments in 1862, most of the silver and gold coinage of this time frame was heavily hoarded and few coins survived. For example, for the business strike issues from 1861-1865, PCGS has graded 35 in MS62. From that same time frame, 174 examples have been graded in Proof 62. The present specimen represents a very scarce opportunity to acquire a choice uncirculated 1863 Seated Liberty dollar. PCGS has graded 20 in MS-63, 8 in MS-64, 2 in MS-65 and a single MS-67 (the Dawson specimen) as finest. (PCGS # 6953) .
Estimated Value $2,000 - 2,400.
The Michael M. Magdic Collection.
|
| |
| Realized $4,888 |
