1850-O $1 MS(PCGS#6938)

1850-O $1 MS (PCGS#6938)

The Collectors' Auction 2019

Auctioneer
Scotsman
Lot Number
308
Grade
MS61
Price
6,038
Lot Description
Kansas City Collection. 6 graded MS-61, 8 higher at NGC. No Seated dollars can be considered common when located at the mint-state level, but 1850-O has few peers for rarity, as NGC's population report reveals. Evidently, nearly every representative from the original low mintage entered circulation and stayed there, resulting in a meagre supply of uncirculated coins today. Gleaming peach-orange luster tones over the obverse, and competes with mostly gunmetal-grey and almond tones on the reverse. The resulting patination tends to downplay luster a bit, but also helps to attenuate fleeting hairlines in the fields. Very few contact marks encroach upon either side.
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