Coins and Medals
6 Jun 2016
1853 $1 Restrike Proof 61 PCGS
Current research indicates that no "Original" proof Seated dollars were struck in 1853. It is thought, about 10 years later in the early 1860s, James Snowden ordered a small batch to be struck utilizing either a new obverse die or one that had not been previously used in 1853.

The die used for the Restrikes shows diagonal raised file marks in the field below the rock behind Liberty. They are seen at the 8 and continue to the right side of the 3. The obverse also shows a combination of raised die lines in the fields and short parallel marks (as made), most prominent on Liberty's thighs, shield, and foot. Notable strike softness appears on the reverse, especially on the eagle's left (facing) wing and neck feathers. This is possibly due to incorrect striking pressure used at the time.

This untoned specimen exhibits pleasing eye appeal for the assigned grade. A loupe reveals some minor obverse contact marks and a few faint field hairlines, but these are all that prevent a higher third party assessment. For future identification purposes, a couple of dark toning spots are seen on the obverse; one under star 11, the other at 5 o'clock on the rim under Liberty's foot. PCGS and NGC, combined, have certified a total of 12 pieces, some of which may be resubmissions over the past 28 years. All 1853 proof dollars are extremely rare, even though they are likely underrated due to the broad availability of business strikes of this year. The proof 1853s are also overshadowed by the Seated dollar issues of 1851 and 1852, which are rare in any grade. The Bowers Buyer's Guide to the series calls the 1853 restrikes "Novodels" due to the absence of known originals. Population: 2 in 61, 3 finer. (PCGS 6996)
US$ 25,000 - 28,000
£17,000 - 19,000
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6 - 7 Jun 2016
A Sikyatki polychrome jar
US$ 80,000 - 120,000
£54,000 - 82,000

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