1846-O $1 MS (PCGS# 6933)

The June 2013 Baltimore Auction

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Lot Description
1846-O Liberty Seated Silver Dollar. MS-64 (PCGS). Here is an incredible discovery that recently appeared in an estate, a near Gem 1846-O Liberty Seated dollar. Notice the rich swaths of toning on the obverse and reverse, with a firm foundation of gunmetal-blue which flashes with teal, yellow and lilac when examined under a light. There are deeper charcoal patches as well, mostly near the periphery of the obverse and reverse. The strike is fairly sharp although Liberty's hair lacks definition on the top, but her dress folds, the stars and eagle are all sharply defined. Of course what sets this particular coin apart is the quality of the surfaces, as so few of these early Liberty Seated dollars are known at this lofty grade level, especially so for the New Orleans Mint. Later in the hoard years of 1859-O and 1860-O there are a few more known in MS-64, but even these are scarce at this grade level. For the collector who really demands something extraordinary, something unseen for generations and of such incredible quality, then this is a coin to pursue. Tied with one other MS-64 at PCGS as the finest they have seen, and it is indeed likely that no finer 1846-O remains to be found, but history will be the judge if there is time enough to wait.
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