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<p>[QUOTE=&quot;huntsman53, post: 315310, member: 1242&quot;]Eduard,</p><p><br /></p><p>I have no idea as to whether the coin is an impaired Proof or just a well struck specimen made for circulation! However, it is a nice piece and one that any Collector would be honored to own! I found an article written on the 1861 Proof Silver Dollars that you might find interesting and will include the link below. It seems that there may be a lot less of the Proofs survived being melted than actually is thought and the coin are probably much more rarer than what is currently believed or known! I think that it is a coin that would be best to submit to a top tier grading company that would definitely answer the question as to whether it is a Proof or a Circulation strike. I also think that based on the article and other information, that the value of the Proofs will eventually exceed the Circulation strikes as their&#039; true rarity becomes more known. If you find that the coin is in fact a Proof, then it may behove you to seek out the other Proofs made for that year as when put together in a 7 piece 1861 Proof Set (1c, 3c, 1/2 Dime, Dime, Quarter Dollar, Half Dollar and Silver Dollar), then they become exceedingly Rare! The price of the 3c, 1/2 Dime, Dime and Quarter Dollar are much easier to swallow since they range from about $750 to under $2,000 but the price of the 1c and Half dollar will generally set you back $3,000 to $6,000 a piece. It is hard to determine what a complete set would be valued at since I can find no records of one being sold. However, i would venture that a 7 piece graded and autenticated complete set would fetch well over $50,000 if one ever came up for auction and would not be surprised if it went for around $100,000!</p><p><br /></p><p>Whatever you decide to do with the coin, thanks for sharing such a beautiful piece with us here at Coin Talk!</p><p><br /></p><p><a href="http://www.alaskacoinexchange.com/Articles/Proof%20Set%20Of%201861.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.alaskacoinexchange.com/Articles/Proof%20Set%20Of%201861.htm" rel="nofollow">http://www.alaskacoinexchange.com/Articles/Proof Set Of 1861.htm</a></p><p><br /></p><p><br /></p><p>Frank[/QUOTE]</p><p><br /></p>

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