Lot 1711
1860-O Liberty Seated Dollar. PCGS graded MS-62 PQ. The New Orleans Mint produced No Motto Seated dollars only four years, 1846, 1850, 1859 and 1860-O. The 1846-O and 1850-O had mintages under 60,000 while the 1859-O and 1860-O had mintages over 250,000. Not surprisingly, the 1859-O and 1860-O are readily available in grades up to MS62. The 1860-O, with a mintage of 515,000, is the most common No Motto dollar from New Orleans and also the most common No Motto dollar for the Seated Liberty series. While this issue may be abundant, it still can be challenging to find a decent MS-63 example and anything higher than MS-63 is rare to very rare.
The present example has flashy white surfaces with crisp luster and original mint frost. There is a hairline scratch under the 1 in the date and some abrasions and light scuffs in the fields but the surfaces and eye appeal is much finer than most 1860-O dollars seen. This specimen would make a fantastic candidate for a No Motto Seated dollar "type" example (PCGS # 6950) .
Estimated Value $1,400 - 1,500.
The Michael M. Magdic Collection.
|
| |
| Realized $1,610 |
