Lot 1251
1830. SEGS graded Proof 62 Specimen JR-6. Lightly toned with nice reflective surfaces. Softly struck on the reverse. The United States Mint in 1828 instituted a new process of minting coins within a close, reeded collar to standardize diameters. This practice eliminated the time consuming method of manually placing reeding on the coin's edge. Greatly speeding up production, it allowed the coins to stack evenly and discouraged counterfeiting. The Mint's penchant for uniform designs dictated that all United States coins share one of three basic portraits of Liberty in those years: One for copper coins, a second for silver coins and a third for gold. The Capped Bust portrait of Liberty in use when Moore became Director was the one adopted by his father-in-law, the previous mint director, Robert Patterson. After Patterson hired John Reich as second engraver in 1807, Reich proceeded to redesign all the coins then in use (PCGS # 4549) .
Estimated Value $3,000 - 3,500.
|
| |
| Realized $2,530 |
