1863 $1 PR (PCGS# 7006)

The June 2011 Baltimore Auction

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Lot Description
1863 Seated Liberty Silver Dollar. Proof-66 (PCGS). With the Civil War raging through its climatic third year, there was probably very little contemporary interest in proof coins even in&nbsp;large Northeastern cities such as Philadelphia and New York. This is understandable since the interest of the nation as a whole was&nbsp;riveted to the battlefields at Gettysburg, Vicksburg,&nbsp;Chickamauga and elsewhere. Perhaps in deference to this lack of contemporary numismatic interest, the Philadelphia Mint struck only 460 proof Seated dollars in 1863, a total that represents a marked reduction from those achieved in 1860 and 1861. Most of those coins seem to have been distributed, however, and the 1863 appears&nbsp;fairly often in today's market in grades through Proof-64 (at least "fairly often"&nbsp;in the context of the proof Seated dollar as a type). Very few survivors are Gems, however, the delicate, mirror finish fields easily marred by hairlines and other handling marks.<br /> &nbsp;&nbsp;&nbsp;&nbsp;A remarkably smooth looking piece, this richly toned, olive-charcoal specimen reveals no outwardly noticeable blemishes. Shimmering mint reflectivity is readily evident as the coin dips into a light, and a pinpoint strike touches all elements of the design. Condition Census.
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