1802 $1 PR65

CERTIFICATION#: -39538
PCGS#: 6905

Owner's Comments

Estimated grade. Sold by B. Max Mehl Jun '41 price realized $127.5

Expert Comments

P. Scott Rubin: The sales of 1802 Proof Silver Dollars at auction have been in the $800,000 to low $900,000 range, this for a coin that is not always appreciated for its rarity. This coin should break the Million Dollar mark soon. With only four coins currently known (2012) it is the most common issue of the Proof Silver Dollars of 1801 thru 1803. While this seems almost silly to think of a coin with a known population of 4 as common, since it is only common by comparison. The 1801 has a known population of two and the 1803 of three. What makes this even stranger is that the 1804 silver dollars have known populations of eight for the original type 1 and six for the type 3 restrike.
1 known – 1804 Type 2 Restrike with plain edge (Smithsonian Collection never offered for sale)
2 known – 1801 Proof (last sold in 1989 for $82,500 also highest price)
3 known – 1803 Proof (last sold in 2007 for $672,750 – Proof(66) also highest price)
4 known – 1802 Proof (highest price 2008 for $920,000 – Proof(65) Cameo)
6 known – 1804 Type 3 Restrike with lettered edge (last sold in 2009 for $2,300,000 – Proof(58)also highest price)
8 known – 1804 Type 1 Original (highest price 1999 for $4,140,000 – Proof(68))

Diameter: 40.00 millimeters Designer: Robert Scot Edge: Lettered: HUNDRED CENTS ONE DOLLAR OR UNIT
Mintage: 10 Weight: 27.00 grams Metal Content: 90% Silver, 10% Copper

Rarity and Survival Estimates

Grades Survival Estimate Numismatic Rarity Relative Rarity by Type Relative Rarity by Series
All Grades 10 R-9.5 4 / 5 TIE 4 / 5 TIE
60 or Better 10 R-9.5 5 / 5 5 / 5
65 or Better 5 R-9.7 3 / 5 TIE 3 / 5 TIE

Condition Census

Pos Grade Thumbnail Pedigree and History
1 PR64 PCGS grade

Captain John W. Haseltine - possibly from the set of coins Haseltine exhibited at Cogan’s Jewett Sale in January 1876 - Thomas Cleneay Collection - S.H. & Henry Chapman 12/1890:949 - Peter Mougey Collection - Thomas Elder 9/1910:962 - John P. Lyman Collection - S. Hudson Chapman 11/1913:14 - H. O. Granberg Collection - B. Max Mehl 7/1919:30 - unknown intermediaries - B. Max Mehl private treaty, 1/1937 - Ambassador and Mrs. R. Henry Norweb - Bowers & Merena 11/1988:3770 - Don Hosier - Superior 2/1991, not sold - Jack Lee Collection - Heritage 11/2005:2199, $316,250 - Heritage 10/2012:4594, $411,250

1 PR64 PCGS grade  

Dr. G.F.E. Wilharm Collection  - B. Max Mehl 2/1921:592, $21 - Virgil M. Brand (journal number 106474) - Armin Brand - B.G. Johnson, 2/27/1937 - William Forrester Dunham Collection - B. Max Mehl 6/1941:1055, $127.50 - 1942 ANA Convention, sold privately by Abe Kosoff to Michael Higgy - Michael Higgy Collection - Kosoff 9/1943:817, $250 - Beverly Hills Stamp & Coin Co. (Max L. Justus FPL, 8/1957) - Abe Kosoff - Ken Nichols - Newport Balboa Savings and Loan - Abe Kosoff - unknown intermediaries - Stack’s 9/1978, 304, $40,000 - Ellis H. Robison Collection - Stack’s 2/1982, 1884, $43,000 - Larry Whitlow - Larry Hanks - Superior “Auction ‘84” 7/1984:171, not sold - subsequently sold by Larry Hanks to a Pennsylvania collector - Bowers & Merena 6/1986:1734, $39,600 - Superior 9/1993:1301, $68,750 - Stack’s 10/1995:696, $66,000 - Philip Flanagan Collection - Bowers & Merena 11/2001:4297, $120,750