1840 $1 PR (PCGS# 6981)

The March 2012 Baltimore Auction

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Lot Description
1840 Liberty Seated Silver Dollar. Proof-63 (NGC). This is the first year of issue and a few more Proofs were struck but these are still quite rare. In Choice condition the eye appeal is intact and the toning here is attractive with golden-gray to russet accents in the fields and adhering near the devices. Minor hairlines are present when closely examined but the high degree of reflectivity is intact, with Liberty's gown and the eagle's feathers showing strong reflective flash when examined. A single reverse die was used to coin the Proof silver dollars from the year 1840 to 1849, as most were struck in such limited numbers there was no need to use a new Proof die each year for the reverse as no design changes had occurred. The total number known is likely in the 15 to 20 pieces range although plate matching to each known specimen has likely not been attempted.
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