1846-O $1 MS (PCGS# 6933)

The August 2011 Chicago ANA World's Fair of Money Auction

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Lot Description
The 1846-O is the first Seated dollar to be struck at a branch mint and the only branch mint issue from the 1840s. Records show that 59,000 pieces were struck. Speculation has been made that some of the original mintage was exported but most likely a large number were melted during the 1850s. This is an issue that is difficult in all grades. Usually seen in heavily circulated conditions, the 1846-O is significantly elusive in XF, very scarce in AU, and rare in Mint State. Deeply toned overall with good detailing remaining and no mentionable distractions.
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