1864 $1 PR65

CERTIFICATION#: -39571
PCGS#: 7007

Owner's Comments

Estimated grade. Sold by B. Max Mehl Jun '41 price realized $6.2

Expert Comments

Ron Guth: The 1864 Seated Liberty Silver Dollar is very scarce in Proof condition.  The mintage of regular issue coins during this Civil War year was only 30,700, so collectors put a lot of price pressure on this date because a Proof 1864 Dollar is often easier (and less expensive) to find than is a nice Mint State example.

The survival rate of Proofs of this date seems fairly high or, at least, those that survive are in nice condition.  The PCGS Condition Census is filled with PR65 or better examples, and the best is a single PCGS PR67.

Cameo Proofs represent about 30% of the population at present, but that percentage is expected to increase in time as older submissions are reevaluated (PCGS did not recognize Cameo and Deep Cameo designations until years after they began certifying coins).  Deep Cameo 1864 Silver Dollars are non-existent at present.

Diameter: 38.10 millimeters Designer: Christian Gobrecht Edge: Reeded
Mintage: 470 Weight: 26.73 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 425 R-6.1 21 / 27 TIE 23 / 38 TIE
60 or Better 400 R-6.2 21 / 27 TIE 24 / 38 TIE
65 or Better 40 R-8.7 25 / 27 TIE 28 / 38 TIE

Condition Census

Pos Grade Thumbnail Pedigree and History
1 PR67 PCGS grade  
2 PR67 estimated grade  

American Numismatic Rarities 7/2003:574, sold as part of a seven-piece Proof Set (Lot 578) which realized $163,300 - Heritage 1/2013:5731, not sold - Heritage 4/2031:4346, $52,875

2 PR67 estimated grade  
2 PR67 estimated grade  
5 PR66+ PCGS grade