Lot 3082
1857 Liberty Seated Dollar. PCGS graded Proof 64. Spectacular "bull's eye" toning. A gem in all regards and therefore our premium quality classification. Pop 9; only 1 rated better in 65. We'd like to match this against the 65 example.
An extremely beautiful seated Liberty dollar, a Proof coin with outstanding mirrors and a wallop from the dies that is amazingly close to complete on the nice frosted devices. The ultra attractive toning suggests that the present specimen spent much of its life in an old style Wayte Raymond album or similar coin holder which imparted the exciting mixture of colors.
A scarce coin, it is understood the Proof 1857 silver dollar to be more available than the 1855 Proof, but scarcer than the 1856 Proof. While some Proof 1857 dollars were undoubtedly sold with silver Proof sets, others were probably sold singly. At least two pairs of dies were used.
During the same year, the Mint made quite a few Proof 1857 large cents, the last year of regular issue of the large cent format, probably to supply the demand from collectors. The passing of the large cent is widely cited (e.g., in the reminiscences of pioneer dealer Edward Cogan) as being the jumping-off spot for a widespread interest in coin collecting in America and the beginning of serious professional dealerships (PCGS # 7000) .
Estimated Value $16,000 - 18,000.
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