1863 $1 PR(PCGS#7006)

1863 $1 PR (PCGS#7006)

December 2020 U.S. Coins Auction

Lot Description: 1863 Liberty Seated Silver Dollar. Proof-64 (NGC). This handsome specimen is richly toned in dominant steel-olive patina. Both sides also exhibit a mottling of pearl gray in the centers, direct lighting calling for iridescent undertones of pinkish-apricot, cobalt blue and antique gold iridescence. An attractive offering for proponents of originally toned silver, and a technically solid Choice Proof example with a full strike and smooth-looking surfaces. As with most Proof silver dollars of the era, the 1863 was largely distributed as part of the year's silver Proof sets. With 460 pieces struck from two distinct die marriages, the 1863 issue enjoys a good rate of survival for a Proof Liberty Seated dollar of the No Motto type, especially compared to that of many pre-Civil War issues. This is perhaps because the suspension of specie payments in July 1862 made the acquisition and preservation of all silver coins particularly attractive. Specialists Dick Osburn and Brian Cushing (2018) suggest that around 130 survivors remain of the OC-P1 die pair, represented here, and featuring a reverse die that would go on to strike Proofs again in 1864. PCGS# 7006. NGC ID: 252H. Click here for certification details from NGC.