1846-O $1 MS(PCGS#6933)

1846-O $1 MS (PCGS#6933)

November 2021 Baltimore U.S. Coins auction

Auctioneer
Stack's Bowers
Lot Number
3019
Grade
AU58
Price
3,360
Lot Description
1846-O Liberty Seated Silver Dollar. OC-1, the only known dies. Rarity-2. AU-58 (NGC). A superior quality, visually engaging example of this historically significant silver dollar issue. The obverse is lightly toned in champagne-gold iridescence with plenty of satiny luster evident as the coin rotates under a light. For the reverse, however, we note a markedly different appearance in the form of rich, blended steel and mauve-gray patina. The latter side is fully struck, characteristic of the issue, while the former is above average in this regard with most star centrils bold to sharp and considerable detail to Liberty's head. Pleasingly smooth in hand and sure to catch the eye of advanced Liberty Seated dollar enthusiasts. The 1846-O is the first mintmarked silver dollar in U.S. coinage history and one of only four New Orleans Mint issues of the Liberty Seated design type. Of the 1,250 or so coins believed extant (per Osburn and Cushing, 2018), the vast majority are in VF and lower grades. In Choice About Uncirculated preservation the present example is scarce in an absolute sense, and very scarce compared to the demand for high grade survivors of this issue from advanced silver dollar collectors and specialists in Liberty Seated coinage. Sure to see spirited bidding. PCGS# 6933. NGC ID: 24YH. Click here for certification details from NGC.
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