Lot 1712
1861 Liberty Seated Dollar. PCGS graded Proof 62 PQ. A beautiful proof seated dollar with charming rainbow toning. Liberty's device is still frosty and subtle hints of steel blue and teal have settled onto her gown. The fields have a stunning blend of magenta, champagne and navy blue hues accompanied by satiny luster in the periphery. On the reverse, the toning matches the obverse. All devices are razor sharp and choice. There are light hairlines under the toning on both obverse and reverse but they are very faint and more typical of a choice uncirculated proof. On the obverse, we note that the second 1 in the date is lower than the other three digits. The vertical stripes of the shield show evidence of filling near the bases. Walter Breen noted that of the 1,000 proofs struck this year, 600 were melted as unsold. Any Civil War Proof Liberty Seated dollar is significant due to the fact that the business strikes of this time frame are almost never seen in high grade. Housed in an old PCGS green label, fat letter holder. PCGS Pop of 21 in PR-62 with only 59 finer (PCGS # 7004) .
Estimated Value $1,500 - 2,000.
The Michael M. Magdic Collection.
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| Realized $14,950 |
