1845 $1 PR (PCGS# 6986)
The March 2012 Baltimore Auction
Lot Number: 4123
View the Original Auction
About on par with the 1843 and 1844, the 1845 is in the second rarity tier among Proof No Motto Liberty Seated dollars from the 1840s. All of the issues from that decade are very rare in an absolute sense. The mintages are unknown, but were small, limited to coins to meet occasional diplomatic needs as well as requests from collectors who at the time found the Mint Cabinet to be a focal point in the hobby. The current online version of <em>The PCGS Population Report </em>provides an estimate of just 10-15 coins extant for the Proof 1845 silver dollar, most of which seem to have been struck from an obverse die with repunching to the digits 84 in the date. The present example, however, was struck from a different obverse die (there is only one reverse die known for the issue) that is most readily identifiable by the presence of a short, sharp die line (as made) from Liberty's left facing shoulder that nearly extends to the chin. In 12 years of studying and pedigreeing early Proof Liberty Seated coinage, this piece is currently the only example of the Proof 1845 silver dollar known to this cataloger (Jeff Ambio) that was struck from this die marriage.<br />
Deeply mirrored fields and fully struck, somewhat satin textured devices shine forth powerfully from both sides of this richly toned Gem. Both sides are awash in blended dove gray and lavender-gray shades, with more vivid champagne-apricot and powder blue undertones evident at direct angles. The Gem grade assigned by PCGS is fully justified. A rare find that will serve with distinction in any cabinet. Finest certified at PCGS!<br />
<strong>Numismatic Reflections by Q. David Bowers</strong><br />
This certainly is a memorable Liberty Seated dollar as Jeff Ambio has so nicely stated. Its unique rank at the top of the PCGS roster makes it an ideal candidate for a Registry Set, beyond that it will simply be a great coin for any connoisseur to own.