1840 $1 Proof 64 PCGS
Lot 1083
1840 $1 Proof 64 PCGS
US$ 38,000 - 40,000
£23,000 - 25,000

Lot Details
1840 $1 PR64 Pop 3-0
1840 $1 Proof 64 PCGS
Deep steel-gray with mottled charcoal and golden accents when examined under a light. A rarity from the first year of the series, though a few more examples may have been struck in the proof format owing to the date's status as first-ever of the design type, especially when compared to other dates of the era; collectors and Mint officials may have placed a great deal of significance on the issue. Information at the PCGS Population Report website estimates that 15 to 20 examples of the date are known in Proof, but curiously, the combined total for NGC and PCGS-certified proof examples in Proof 60 or finer is 43 pieces. We suspect numerous examples have been resubmitted to the two major grading services for possible upgrades, for in our experience the date is far more rare than the combined total suggests. A pleasing example overall, one that should be seen to be appreciated. (PCGS 6981)
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