Lot 3080
1851 Liberty Seated Dollar. Restrike. PCGS graded Proof 63. A brilliant example with excellent contrast and natural deep blue borders. Pop 4;3 in 64; 1 in 65. Snow-white mirrors at the centers yield their power of persuasion only grudgingly to some lively steel-blue with purple iridescence in the outer margin on both sides. What we see is a coin displaying sharp definition and only a few tiny hairlines, the surface, like the overall appearance is outstanding. In fact, since this is a very rare issue, the quality makes this a truly sensational sharp-edged Proof, one that will please even the most demanding coin buyer.
This issue, made only with Proof finish, is believed to have been struck at the Philadelphia Mint on at least two occasions, one being circa 1858-1860 and the other probably later, possibly circa 1867-1868, perhaps employing unused obverse dies on hand from 1851. Two die pairs are known for restrikes.
Restrikes are distinguished by having the date lower and better centered than on the originals. Alternatively, new dies dated 1851 could have been made up at a later date, the first circa 1858-1860. (The date logotype is identical to that of the original obverse; Mint regulations did not even mention old logotypes, let alone mandate their destruction.) Some copper impressions were also made from the Proof dies, for sale to collectors (PCGS # 6993) .
Estimated Value $27,000 - 30,000.
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