Lot 1696
1856 Liberty Seated Dollar. PCGS graded AU-53. Soft satiny luster in the periphery, fields and surrounding Liberty. The surfaces are untoned with subtle hints of champagne. A pleasing example of this very tough issue that has the detail of an AU-58 specimen with some old, light hairlines. On the obverse, there is a die crack that starts at the denticles just left of the date and continues up to the device. A die crack(s) is located throughout the letters on the reverse and their is a small planchet depression left of the eagle's neck, above wing. The originality and significance of such an unabraded example will undoubtedly be appreciated by those who know how scarce the 1856 business strikes are. The Philadelphia Mint struck 63,500 Seated Liberty dollars this year, a deceptive mintage figure that might lead one to believe availability will not be an issue. In actuality, survivors are rare from AU-55 and above and this issue is almost never seen in the MS-63-MS-64 range. Housed in an old PCGS green label, fat letter holder. PCGS population of 9 in AU-53 with 48 finer (PCGS # 6944) .
Estimated Value $1,800 - 2,000.
The Michael M. Magdic Collection.
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| Realized $3,220 |
