1857 $1 PR (PCGS# 7000)

The August 2010 Boston Rarities Sale

  • Auctioneer:
    Bowers & Merena
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Lot Description
An elusive issue with an unknown mintage, the proof 1857 Seated Dollar seldom appears at auction. In 10+ years of tracing early proof Seated coinage, in fact, this cataloger has record of fewer than 15 <em>different </em>examples of this issue being offered for sale through major numismatic auctions. The proof 1857 Silver Dollar has an unknown mintage that was lost to history because it was not recorded by contemporary Mint personnel. The number of coins struck is probably no greater than 75 pieces, and there could be as few as 40-50 specimens extant.<br /> &nbsp;&nbsp;&nbsp;&nbsp;This impressive near-Gem is of superior workmanship and eye appeal to most other proof 1857 Seated Dollars with which this cataloger is familiar. The strike is overall full with only the barest trace of the softness of detail to the reverse eagle for which the issue is usually known. The finish is uniformly reflective and shines forth powerfully through mostly light, silver-gray iridescence. There is more vivid peripheral toning in evidence, however, the obverse being particularly impressive in this regard with highlights of olive-gold and blue-gray colors. Nearly in the full Gem category as far as surface preservation is concerned, we note only a few extremely trivial contact marks that are anything but distracting to the naked eye. A beautiful and rare piece.
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