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The Silver Dollar and Rare Coin Expo

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The Midwest Summer Sale 2014
< Previous  Lot 724  Next >
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Please Note: A 15% Buyers' Premium is added to the hammer price of all lots in this sale.

(About The Images)
1856 NGC XF-45. 1856 NGC XF-45.
Lot Title: 1856 NGC XF-45.
Description: Mintage: 63,500. Specialists know it is much easier to locate cleaned Seated Liberty dollars than it is to hold out for originally toned pieces like this. Excellent sharpness overall benefits from a pleasing, dense layer of dark grey patina that likely subdues underlying luster just a bit. While considered a key to the series, the mintage would suggest otherwise, which begs the question: Why? Evidently, many 1856 dollars were shipped to Asia for use as trade dollars in commerce, which means a large proportion of the original mintage disappeared into melting pots long ago, permanently depleting the supply available to collectors today. (PCGS# 006944)
Low Estimate: $3,000.00
High Estimate: $3,500.00
Lot Status: Bidding has been closed for this lot.
Hammered Price: $2,800.00
Price Realized: -
1856 NGC XF-45.
1856 NGC XF-45.

Price history for items of the same classification:
Lot #AuctionCurrent Bid or Hammer PriceDescription
501The Collectors' Auction 2009 on 10/16/2009$925.00
1856 AU/altered surfaces.
Details probably verge on the AU level, but the glossy surfaces seem to suffer from a layer of mulberry colored waxy substance. Despite the unusual patina, fields maintain some level of reflectivity.

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