Lot 336
1864. PCGS graded MS-65. Boldly struck on all of Liberty's dress folds as well as her uppermost curls above her ear. The reverse is sharp too, with strong definition on the eagle's wing feathers. Satin smooth fields that show ample luster to please the eye, and with lovely light even toning on both sides. A very nice example of this rare and seldom seen Civil War date.
Despite the abundance of silver bullion coming from previously known mines, one gigantic change happened a few years earlier was the discovery of the Comstock silver mines in Nevada. Silver bullion was mostly exported at this time, with the seriousness of the Civil War unfolding daily, few silver coins were seen in circulation, and virtaully any received were immediately hoarded pending an uncertain future. Hence in 1864, silver dollar coinage shows only 30,700 struck for the year. Furthermore, most of these 1864 silver dollars wer exported for much needed goods. This incredible gem is tied with a small group as the fifth finest seen by PCGS. The elegant toning fantastic surfaces must be carefully studied to be fully appreciated. Quality like this, on such a tough issue, is virtually unheard of! A premium prize and one of the highlights of this incredible collection. Pop 6; 4 finer, 3 in 65+, 1 in 66. (PCGS # 6954) Estimated Value $35,000 - 40,000
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